Nigeria - Blow-Moulding Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBlow-Moulding Machine Price in Nigeria - 2022
Contents:
- Blow-Moulding Machine Price in Nigeria (CIF) - 2022
- Blow-Moulding Machine Price in Nigeria (FOB) - 2022
- Blow-Moulding Machine Imports in Nigeria
- Blow-Moulding Machine Exports in Nigeria
Blow-Moulding Machine Price in Nigeria (CIF) - 2022
In 2022, the average blow-moulding machine import price amounted to $44,317 per unit, increasing by 50% against the previous year. Overall, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 117% against the previous year. As a result, import price reached the peak level of $79,075 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 South Korea ($290,187 per unit), while the price for Germany ($15,386 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Blow-Moulding Machine Price in Nigeria (FOB) - 2022
The average blow-moulding machine export price stood at $114,741 per unit in 2022, waning by -44.2% against the previous year. Over the period under review, the export price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 3,860% against the previous year. Over the period under review, the average export prices attained the peak figure at $205,773 per unit in 2021, and then contracted sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($256,736 per unit), while the average price for exports to India ($136 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 Ghana (+39.2%), while the prices for the other major destinations experienced a decline.
Blow-Moulding Machine Imports in Nigeria
For the third year in a row, Nigeria recorded decline in purchases abroad of blow-moulding machines for working rubber or plastics, which decreased by -54.8% to 499 units in 2022. Overall, imports recorded a sharp decline. The smallest decline of -41.2% was in 2020. Imports peaked at 3.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, blow-moulding machine imports fell dramatically to $22M in 2022. Over the period under review, imports faced a precipitous shrinkage. The smallest decline of -32% was in 2021. Over the period under review, imports attained the maximum at $76M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Blow-Moulding Machine in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.8 | 12.6 | 13.9 | 5.0 | -31.9% |
| Germany | 32.1 | 18.7 | 7.9 | 3.3 | -53.2% |
| South Korea | 4.1 | 5.9 | 1.4 | 2.9 | -10.9% |
| United States | 1.0 | 0.5 | N/A | 0.4 | -26.3% |
| Turkey | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Others | 23.1 | 10.2 | 9.3 | 10.2 | -23.9% |
| Total | 76.2 | 48.0 | 32.6 | 22.1 | -33.8% |
Top Suppliers of Blow-Moulding Machine to Nigeria in 2022:
- China (221.0 units)
- Germany (215.0 units)
- Turkey (10.0 units)
- United States (10.0 units)
- South Korea (10.0 units)
Blow-Moulding Machine Exports in Nigeria
In 2022, the amount of blow-moulding machines for working rubber or plastics exported from Nigeria skyrocketed to 9 units, picking up by 50% on 2021 figures. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, blow-moulding machine exports dropped significantly to $1M in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. The exports peaked at $1.2M in 2021, and then fell significantly in the following year.
| Export of Blow-Moulding Machine in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 425 | 828 | 260 | 1,027 | 34.2% |
| Cote d'Ivoire | 1.6 | 2.3 | 1.2 | 5.6 | 51.8% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Benin | N/A | N/A | 2.7 | N/A | 0% |
| Niger | N/A | N/A | 1.0 | N/A | 0% |
| Greece | N/A | N/A | 485 | N/A | 0% |
| Others | N/A | N/A | 485 | N/A | 0% |
| Total | 427 | 831 | 1,235 | 1,033 | 34.2% |
Top Export Markets for Blow-Moulding Machine from Nigeria in 2022:
- Ghana (4.0 units)
- Cote d'Ivoire (4.0 units)
- India (1.0 units)
This report provides an in-depth analysis of the blow-moulding 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 28961040 - Blow-moulding machines for working rubber or plastics or for manufacturing rubber or plastic products
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
-
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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