Aluminium Bar Market Overview in Nigeria
The revenue of the aluminium bar market in Nigeria expanded significantly to $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a remarkable increase. The pace of growth was the most pronounced in 2010 with an increase of % year-to-year. Aluminium bar consumption peaked at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.