Nigeria - Machinery for Filtering or Purifying Gases - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Market for Machinery for Filtering or Purifying Gases 2024
Market Size for Machinery for Filtering or Purifying Gases in Nigeria
In 2023, after two years of decline, there was significant growth in the Nigerien market for machinery for filtering or purifying gases, when its value increased by X% to $X. Over the period under review, consumption recorded prominent growth. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.
Exports of Machinery for Filtering or Purifying Gases
Exports from Nigeria
In 2023, after three years of decline, there was significant growth in shipments abroad of machinery for filtering or purifying gases, when their volume increased by X% to X units. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports of hit record highs at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.
In value terms, exports of machinery for filtering or purifying gases skyrocketed to $X in 2023. Over the period under review, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in the near future.
Exports by Country
Cote d'Ivoire (X units), Angola (X units) and Uganda (X units) were the main destinations of exports of machinery for filtering or purifying gases from Nigeria, together comprising X% of total exports.
From 2012 to 2023, the biggest increases were recorded for Uganda (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Cote d'Ivoire ($X), Angola ($X) and Mauritius ($X) were the largest markets for machinery for filtering or purifying gases exported from Nigeria worldwide, together accounting for X% of total exports. Benin, the UK, Germany, Uganda, the United States and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, Uganda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for machinery for filtering or purifying gases stood at $X per unit in 2023, declining by X% against the previous year. Overall, the export price showed a significant decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Uganda ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.
Imports of Machinery for Filtering or Purifying Gases
Imports into Nigeria
After two years of decline, purchases abroad of machinery for filtering or purifying gases increased by X% to X units in 2023. Over the period under review, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machinery for filtering or purifying gases surged to $X in 2023. Overall, imports saw a moderate increase. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports of attained the maximum at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X units) was the main machinery for filtering or purifying gases supplier to Nigeria, with a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the United Arab Emirates (X% per year).
In value terms, China ($X) constituted the largest supplier of machinery for filtering or purifying gases to Nigeria, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by the United States, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the United States (X% per year).
Import Prices by Country
In 2023, the average import price for machinery for filtering or purifying gases amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for machinery for filtering or purifying gases 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 28251410 - Machinery and apparatus for filtering or purifying air (excluding intake filters for internal combustion engines)
- Prodcom 28251430 - Machinery and apparatus for filtering and purifying gases (other than air and excluding those which operate using a catalytic process, and isotope separators)
- Prodcom 28251440 - Machinery and apparatus for filtering or purifying gases by catalytic process (excluding intake air filters for internal combustion engines, machinery and apparatus for filtering or purifying air)
- Prodcom 28251450 -
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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