Nigeria - Non-Window or Wall Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAir Conditioning Machine Price in Nigeria - 2022
Contents:
- Air Conditioning Machine Price in Nigeria (CIF) - 2022
- Air Conditioning Machine Price in Nigeria (FOB) - 2022
- Air Conditioning Machine Imports in Nigeria
- Air Conditioning Machine Exports in Nigeria
Air Conditioning Machine Price in Nigeria (CIF) - 2022
In 2022, the average air conditioning machine import price amounted to $387 per unit, falling by -10.8% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of 53%. The import price peaked at $1,095 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,772 per unit), while the price for Thailand ($175 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Air Conditioning Machine Price in Nigeria (FOB) - 2022
In 2022, the average air conditioning machine export price amounted to $435 per unit, surging by 83% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 127%. Over the period under review, the average export prices attained the maximum at $1,845 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($2,834 per unit), while the average price for exports to Niger ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+29.7%), while the prices for the other major destinations experienced mixed trend patterns.
Air Conditioning Machine Imports in Nigeria
For the fourth year in a row, Nigeria recorded growth in purchases abroad of non-window or wall air conditioning machines, which increased by 78% to 106K units in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 163%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, air conditioning machine imports skyrocketed to $41M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Air Conditioning Machine in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 1.4 | 5.4 | 14.2 | 142.2% |
Thailand | 2.3 | 2.9 | 3.9 | 5.4 | 32.9% |
Italy | 0.9 | 0.8 | 1.6 | 3.5 | 57.3% |
Slovakia | 0.8 | 0.6 | 0.4 | 1.9 | 33.4% |
United Arab Emirates | 0.2 | 0.4 | 0.6 | 1.2 | 81.7% |
Malaysia | 0.3 | 0.1 | 0.3 | 0.6 | 26.0% |
South Korea | 0.9 | 2.1 | 1.6 | 0.6 | -12.6% |
Others | 5.6 | 4.6 | 12.2 | 13.8 | 35.1% |
Total | 12.0 | 13.0 | 26.0 | 41.2 | 50.9% |
Top Suppliers of Air Conditioning Machine to Nigeria in 2022:
- China (54.1K units)
- Thailand (30.9K units)
- United Arab Emirates (3.8K units)
- Italy (2.0K units)
- Slovakia (1.7K units)
- Malaysia (1.3K units)
- South Korea (0.5K units)
Air Conditioning Machine Exports in Nigeria
In 2022, air conditioning machine exports from Nigeria declined rapidly to 124 units, shrinking by -23% against the year before. In general, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 50%. The exports peaked at 354 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, air conditioning machine exports surged to $54K in 2022. Overall, exports faced a dramatic contraction. Over the period under review, the exports hit record highs at $149K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Air Conditioning Machine in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.6 | 30.5 | 10.6 | 19.7 | 96.4% |
Niger | 5.3 | 1.4 | 3.4 | 3.4 | -13.8% |
Benin | 0.2 | 0.1 | 7.0 | 3.2 | 152.0% |
Cote d'Ivoire | 30.6 | 2.8 | 2.3 | 2.8 | -54.9% |
Netherlands | 2.3 | 2.7 | 1.9 | 1.9 | -6.2% |
Angola | N/A | N/A | 0.4 | N/A | 0% |
Others | 108 | 32.1 | 12.8 | 22.7 | -40.5% |
Total | 149 | 69.5 | 38.3 | 53.9 | -28.7% |
Top Export Markets for Air Conditioning Machine from Nigeria in 2022:
- Niger (61.0 units)
- Benin (44.0 units)
- Italy (8.0 units)
- Netherlands (3.0 units)
- Cote d'Ivoire (1.0 units)
This report provides an in-depth analysis of the air conditioning machine market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
- Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the air conditioning machine market in Nigeria.
This report provides an in-depth analysis of the air conditioning machine market in Nigeria.
This report provides an in-depth analysis of the market for motor vehicle air conditioning machine in Nigeria.
This report provides an in-depth analysis of the air conditioner market in Nigeria.
This report provides an in-depth analysis of the market for window, wall, or split air conditioning system in Nigeria.
This report provides an in-depth analysis of the market for air conditioning machins without refrigeration unit in Nigeria.
This report provides an in-depth analysis of the chromates market in Nigeria.
This report provides an in-depth analysis of the global air conditioning machine market.
This report provides an in-depth analysis of the global air conditioning machine market.
This report provides an in-depth analysis of the global market for motor vehicle air conditioning machine.
Explore the top import markets for air conditioning machines worldwide and discover key statistics and numbers. From the United States to Singapore, find out where these machines are in high demand.
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
On a scorching summer day, there is hardly anything that can beat the refreshing coolness of an air-conditioned space. It is no wonder that in recent years, rising disposable incomes have been pushing the global air conditioner market forward. Moreover
Despite a small downturn in exports, China continued its dominance in the global air conditioning machine trade. In 2014, China exported X million units of air conditioning machines, totaling X million USD, X% under the previous year. Its primary
Explore the top-10 countries by import value of window, wall, or split air conditioning systems in 2023. Learn about key markets and opportunities for manufacturers and exporters.
Explore the top import markets for air conditioning machines worldwide and discover key statistics and numbers. From the United States to Singapore, find out where these machines are in high demand.
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
On a scorching summer day, there is hardly anything that can beat the refreshing coolness of an air-conditioned space. It is no wonder that in recent years, rising disposable incomes have been pushing the global air conditioner market forward. Moreover