Nigeria - Diodes, Other Than Photosensitive Or Light Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDiode Price in Nigeria - 2022
Contents:
- Diode Price in Nigeria (CIF) - 2022
- Diode Price in Nigeria (FOB) - 2022
- Diode Imports in Nigeria
- Diode Exports in Nigeria
Diode Price in Nigeria (CIF) - 2022
The average diode import price stood at $1.1 per thousand units in 2022, falling by -71.7% against the previous year. Over the period under review, the import price continues to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 88% against the previous year. The import price peaked at $15 per thousand units in 2016; however, from 2017 to 2022, import prices stood 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 China ($5 per thousand units), while the price for Turkey ($0.2 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.
Diode Price in Nigeria (FOB) - 2022
The average diode export price stood at $1.8 per thousand units in 2022, jumping by 46% against the previous year. Overall, the export price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 54% against the previous year. Over the period under review, the average export prices hit record highs at $4.2 per thousand units in 2017; however, from 2018 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 Switzerland ($5.3 per thousand units), while the average price for exports to Ghana ($0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%), while the prices for the other major destinations experienced a decline.
Diode Imports in Nigeria
Diode imports into Nigeria surged to 3.3B units in 2022, with an increase of 216% compared with the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 8,940% against the previous year. As a result, imports reached the peak of 28B units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, diode imports shrank to $3.6M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 10,371%. As a result, imports reached the peak of $77M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Diode in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.1 | N/A | N/A | 3.1 | 214.1% |
| China | 0.2 | 53.7 | 3.5 | 0.4 | 26.0% |
| Switzerland | 0.1 | 11.2 | 0.1 | N/A | 0.0% |
| Turkey | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.3 | 11.0 | 0.4 | 0.1 | -30.7% |
| Total | 0.7 | 76.6 | 4.0 | 3.6 | 72.6% |
Top Suppliers of Diode to Nigeria in 2022:
- Italy (1738.6M units)
- China (88.4M units)
- Turkey (30.0M units)
- Switzerland (0.1M units)
Diode Exports in Nigeria
In 2022, overseas shipments of diodes, other than photosensitive or light emitting diodes decreased by -8.5% to 373K units, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 974%. As a result, the exports reached the peak of 761K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, diode exports soared to $672 in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 644%. As a result, the exports attained the peak of $841. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Diode in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 92.0 | 505 | 314 | 378 | 60.2% |
| Slovenia | N/A | 2.0 | 1.0 | 85.0 | 551.9% |
| Poland | 6.0 | 47.0 | 40.0 | 67.0 | 123.5% |
| Switzerland | N/A | N/A | N/A | 56.0 | 0% |
| Cote d'Ivoire | 4.0 | 26.0 | 18.0 | 25.0 | 84.2% |
| Finland | N/A | N/A | N/A | 5.0 | 0% |
| Ghana | 1.0 | 3.0 | 2.0 | 2.0 | 26.0% |
| Benin | N/A | N/A | 88.0 | N/A | 0% |
| Niger | N/A | 186 | N/A | N/A | 0% |
| Others | 10.0 | 72.0 | 39.0 | 54.0 | 75.4% |
| Total | 113 | 841 | 502 | 672 | 81.2% |
Top Export Markets for Diode from Nigeria in 2022:
- United States (171.6K units)
- Slovenia (90.1K units)
- Ghana (23.4K units)
- Cote d'Ivoire (21.3K units)
- Poland (20.8K units)
- Finland (20.8K units)
- Switzerland (10.7K units)
This report provides an in-depth analysis of the diode 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 26112120 - Semiconductor diodes
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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