Nigeria - Electric Brazing Or Soldering Machines And Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Brazing Machine Price in Nigeria - 2022
Contents:
- Electric Brazing Machine Price in Nigeria (CIF) - 2022
- Electric Brazing Machine Price in Nigeria (FOB) - 2022
- Electric Brazing Machine Imports in Nigeria
- Electric Brazing Machine Exports in Nigeria
Electric Brazing Machine Price in Nigeria (CIF) - 2022
In 2022, the average electric brazing machine import price amounted to $4.9 per unit, picking up by 15% against the previous year. In general, the import price, however, faced a sharp setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 455% against the previous year. As a result, import price attained the peak level of $183 per unit. From 2015 to 2022, the average 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 Taiwan (Chinese) ($29 per unit), while the price for Germany ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-11.5%), while the prices for the other major suppliers experienced a decline.
Electric Brazing Machine Price in Nigeria (FOB) - 2022
In 2022, the average electric brazing machine export price amounted to $9.4 per unit, shrinking by -54.6% against the previous year. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 187%. Over the period under review, the average export prices reached the peak figure at $61 per unit in 2013; however, from 2014 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 Ghana ($70 per unit), while the average price for exports to Gambia ($4.4 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+1,737.5%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Brazing Machine Imports in Nigeria
Electric brazing machine imports into Nigeria contracted dramatically to 49K units in 2022, with a decrease of -24.7% against 2021. Over the period under review, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Over the period under review, imports hit record highs at 155K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric brazing machine imports fell to $241K in 2022. Overall, imports faced a precipitous descent. Imports peaked at $976K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Brazing Machine in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 121 | 103 | 72.5 | 74.5 | -14.9% |
| Malaysia | 95.1 | 80.7 | 57.1 | 58.7 | -14.9% |
| Belgium | 52.4 | 44.5 | 31.5 | 32.4 | -14.8% |
| Germany | 44.9 | 33.3 | 20.5 | 18.4 | -25.7% |
| China | 458 | 38.7 | 58.7 | 12.5 | -69.9% |
| United States | 36.3 | 6.0 | 2.8 | 6.1 | -44.8% |
| Turkey | 3.3 | 2.6 | 4.4 | 3.8 | 4.8% |
| United Kingdom | 7.3 | 3.4 | 5.9 | 2.1 | -34.0% |
| Others | 158 | 70.8 | 24.3 | 32.6 | -40.9% |
| Total | 976 | 382 | 278 | 241 | -37.3% |
Top Suppliers of Electric Brazing Machine to Nigeria in 2022:
- United Kingdom (undefinedK units)
- Germany (28.5K units)
- United States (6.5K units)
- Turkey (3.3K units)
- China (2.9K units)
- Taiwan (Chinese) (2.6K units)
- Malaysia (2.2K units)
- Belgium (1.4K units)
Electric Brazing Machine Exports in Nigeria
Electric brazing machine exports from Nigeria skyrocketed to 14 units in 2022, with an increase of 250% compared with the year before. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the peak figure at 25 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, electric brazing machine exports soared to $132 in 2022. In general, exports, however, recorded a sharp shrinkage. The exports peaked at $395 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Brazing Machine in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 198 | 90.0 | 41.0 | 63.0 | -31.7% |
| Gambia | 112 | 55.0 | 27.0 | 45.0 | -26.2% |
| Ghana | 85.0 | 36.0 | 15.0 | 21.0 | -37.3% |
| Others | N/A | N/A | N/A | 3.0 | 0% |
| Total | 395 | 181 | 83.0 | 132 | -30.6% |
Top Export Markets for Electric Brazing Machine from Nigeria in 2022:
- Gambia (10.0 units)
- Niger (4.0 units)
This report provides an in-depth analysis of the electric brazing 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 27903118 - Electric brazing or soldering machines and apparatus (excluding soldering irons and guns)
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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