Nigeria - Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFilling Containers Machinery Price in Nigeria - 2022
Contents:
- Filling Containers Machinery Price in Nigeria (CIF) - 2022
- Filling Containers Machinery Price in Nigeria (FOB) - 2022
- Filling Containers Machinery Imports in Nigeria
- Filling Containers Machinery Exports in Nigeria
Filling Containers Machinery Price in Nigeria (CIF) - 2022
In 2022, the average filling containers machinery import price amounted to $586 per unit, surging by 70% against the previous year. Over the period under review, the import price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 216%. Over the period under review, average import prices hit record highs at $1,750 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,504 per unit), while the price for Slovakia ($141 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Filling Containers Machinery Price in Nigeria (FOB) - 2022
The average filling containers machinery export price stood at $580 per unit in 2022, growing by 33% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 115% against the previous year. As a result, the export price attained the peak level of $1,782 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,771 per unit), while the average price for exports to Benin ($105 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 Canada (+34.0%), while the prices for the other major destinations experienced a decline.
Filling Containers Machinery Imports in Nigeria
In 2022, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -67.6% to 224K units, falling for the second year in a row after two years of growth. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports reached the peak of 1.3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, filling containers machinery imports shrank dramatically to $131M in 2022. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year. As a result, imports attained the peak of $302M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Filling Containers Machinery in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Antigua and Barbuda | 21.2 | 36.0 | 37.2 | 37.0 | 20.4% |
Germany | 8.8 | 55.2 | 6.6 | 27.9 | 46.9% |
China | 77.4 | 134 | 136 | 20.3 | -36.0% |
Italy | 6.5 | 6.0 | 8.0 | 8.9 | 11.0% |
India | 19.2 | 13.9 | 11.0 | 8.3 | -24.4% |
Lebanon | 0.1 | 0.1 | 5.7 | 4.8 | 263.4% |
Others | 41.0 | 56.8 | 33.7 | 23.9 | -16.5% |
Total | 174 | 302 | 238 | 131 | -9.0% |
Top Suppliers of Filling Containers Machinery to Nigeria in 2022:
- China (89.5K units)
- Antigua and Barbuda (58.3K units)
- India (20.1K units)
- Germany (18.5K units)
- Italy (14.5K units)
- Lebanon (3.9K units)
Filling Containers Machinery Exports in Nigeria
Filling containers machinery exports from Nigeria contracted remarkably to 109 units in 2022, which is down by -60.8% on 2021. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,989%. As a result, the exports reached the peak of 278 units, and then shrank notably in the following year.
In value terms, filling containers machinery exports contracted significantly to $63K in 2022. In general, exports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,125% against the previous year. As a result, the exports attained the peak of $121K, and then reduced dramatically in the following year.
Export of Filling Containers Machinery in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | N/A | 1.9 | 59.6 | 3036.8% |
Ghana | 30.3 | 2.8 | 26.0 | 1.1 | -66.9% |
Niger | 2.3 | 0.2 | 13.8 | 1.0 | -24.2% |
Cote d'Ivoire | 13.7 | 1.1 | 7.0 | 0.5 | -66.8% |
Benin | 1.6 | 0.3 | 10.0 | 0.5 | -32.1% |
Angola | 0.6 | 0.1 | 1.0 | 0.1 | -45.0% |
Malaysia | N/A | N/A | 52.1 | N/A | 0% |
Others | 10.7 | 1.0 | 9.2 | 0.4 | -66.6% |
Total | 59.2 | 5.4 | 121 | 63.2 | 2.2% |
Top Export Markets for Filling Containers Machinery from Nigeria in 2022:
- Canada (92.0 units)
- Niger (6.0 units)
- Ghana (5.0 units)
- Benin (5.0 units)
- Angola (1.0 units)
This report provides an in-depth analysis of the filling containers machinery 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 28292150 - Machinery for filling, closing, sealing, capsuling or labelling bottles, cans, boxes, bags or other containers, machinery for aerating beverages
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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