Nigeria - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectro-Magnetic Coupling Price in Nigeria - 2022
Contents:
- Electro-Magnetic Coupling Price in Nigeria (CIF) - 2022
- Electro-Magnetic Coupling Price in Nigeria (FOB) - 2022
- Electro-Magnetic Coupling Imports in Nigeria
- Electro-Magnetic Coupling Exports in Nigeria
Electro-Magnetic Coupling Price in Nigeria (CIF) - 2022
The average electro-magnetic coupling import price stood at $23,469 per ton in 2022, picking up by 275% against the previous year. In general, the import price, however, saw a abrupt downturn. Over the period under review, average import prices reached the peak figure at $98,883 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($113,747 per ton), while the price for China ($3,559 per ton) 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 (-13.6%), while the prices for the other major suppliers experienced a decline.
Electro-Magnetic Coupling Price in Nigeria (FOB) - 2022
The average electro-magnetic coupling export price stood at $130,185 per ton in 2022, surging by 26% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($645,000 per ton), while the average price for exports to China ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.
Electro-Magnetic Coupling Imports in Nigeria
In 2022, the amount of electro-magnetic couplings, clutches and brakes imported into Nigeria expanded markedly to 259 tons, surging by 6.9% compared with 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,037% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electro-magnetic coupling imports skyrocketed to $6.1M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electro-Magnetic Coupling in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 21.1 | 43.9 | 97.2 | 1,900 | 348.2% |
| Germany | 46.1 | 38.5 | 123 | 1,421 | 213.5% |
| South Korea | 58.4 | 53.1 | 36.0 | 531 | 108.7% |
| United States | 22.3 | 7.8 | 71.3 | 260 | 126.8% |
| China | 186 | 36.6 | 850 | 209 | 4.0% |
| India | 72.6 | 118 | 94.9 | 205 | 41.3% |
| Canada | 0.7 | 1.2 | 2.4 | 18.0 | 195.2% |
| Ireland | N/A | N/A | 4.5 | N/A | 0% |
| Others | 65.7 | 218 | 240 | 1,542 | 186.3% |
| Total | 472 | 518 | 1,519 | 6,087 | 134.5% |
Top Suppliers of Electro-Magnetic Coupling to Nigeria in 2022:
- Germany (78.4 tons)
- China (58.8 tons)
- India (45.4 tons)
- South Korea (17.7 tons)
- United Arab Emirates (16.7 tons)
- United States (12.7 tons)
- Canada (4.8 tons)
Electro-Magnetic Coupling Exports in Nigeria
In 2022, overseas shipments of electro-magnetic couplings, clutches and brakes were finally on the rise to reach 27 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous curtailment.
In value terms, electro-magnetic coupling exports skyrocketed to $3.5K in 2022. Overall, exports, however, showed a abrupt slump.
| Export of Electro-Magnetic Coupling in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 1,229 | 1,755 | 1,073 | 1,518 | 7.3% |
| Netherlands | 1,720 | 1,560 | 862 | 1,103 | -13.8% |
| Ghana | 453 | 536 | 386 | 645 | 12.5% |
| Niger | 216 | 217 | 133 | 190 | -4.2% |
| Benin | 666 | 369 | 125 | 54.0 | -56.7% |
| China | 11.0 | 9.0 | 4.0 | 5.0 | -23.1% |
| Others | 28.0 | N/A | N/A | N/A | 0% |
| Total | 4,323 | 4,446 | 2,583 | 3,515 | -6.7% |
Top Export Markets for Electro-Magnetic Coupling from Nigeria in 2022:
- Cote d'Ivoire (9.0 kg)
- Niger (8.0 kg)
- Benin (6.0 kg)
- Netherlands (2.0 kg)
- Ghana (1.0 kg)
- China (1.0 kg)
This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)
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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