Nigeria - Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFood Mixer Price in Nigeria - 2022
Contents:
- Food Mixer Price in Nigeria (CIF) - 2022
- Food Mixer Price in Nigeria (FOB) - 2022
- Food Mixer Imports in Nigeria
- Food Mixer Exports in Nigeria
Food Mixer Price in Nigeria (CIF) - 2022
The average food mixer import price stood at $57 per unit in 2022, surging by 60% against the previous year. In general, the import price posted a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($61 per unit), while the price for India ($37 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Food Mixer Price in Nigeria (FOB) - 2022
The average food mixer export price stood at $30 per unit in 2022, falling by -2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $38 per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 Ghana ($44 per unit), while the average price for exports to South Africa ($9.7 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 Kenya (+41.1%), while the prices for the other major destinations experienced more modest paces of growth.
Food Mixer Imports in Nigeria
In 2022, the amount of domestic food grinders and mixers and fruit or vegetable juice extractors imported into Nigeria shrank rapidly to 256K units, which is down by -21.9% against 2021. Overall, imports faced a sharp decrease. The smallest decline of -7% was in 2021. Over the period under review, imports hit record highs at 602K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, food mixer imports skyrocketed to $15M in 2022. Over the period under review, imports continue to indicate a pronounced downturn. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Food Mixer in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 8.6 | 9.1 | 12.8 | -0.5% |
| India | 1.3 | 0.8 | 0.7 | 0.8 | -14.9% |
| United Arab Emirates | 1.0 | 1.0 | 1.0 | 0.6 | -15.7% |
| Others | 0.7 | 0.6 | 0.9 | 0.3 | -24.6% |
| Total | 16.0 | 10.9 | 11.7 | 14.6 | -3.0% |
Top Suppliers of Food Mixer to Nigeria in 2022:
- China (208.9K units)
- India (21.5K units)
- United Arab Emirates (16.8K units)
Food Mixer Exports in Nigeria
In 2022, food mixer exports from Nigeria fell to 830 units, dropping by -7.1% on 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, food mixer exports fell to $25K in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. The exports peaked at $32K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Food Mixer in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 22.8 | 18.0 | 19.4 | 10.0 | -24.0% |
| Cote d'Ivoire | 4.3 | 0.4 | 1.9 | 3.4 | -7.5% |
| Ghana | 2.0 | 1.8 | 1.9 | 3.1 | 15.7% |
| Niger | 0.1 | 0.1 | 0.1 | 1.7 | 157.1% |
| Egypt | N/A | N/A | N/A | 1.4 | 0% |
| Tanzania | 0.1 | 0.1 | 0.6 | 0.8 | 100.0% |
| United Arab Emirates | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Ireland | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Kenya | N/A | 0.2 | 0.3 | 0.5 | 58.1% |
| South Africa | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Czech Republic | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.8 | 1.2 | 2.8 | 2.8 | 15.9% |
| Total | 31.7 | 22.3 | 27.7 | 25.0 | -7.6% |
Top Export Markets for Food Mixer from Nigeria in 2022:
- Benin (318.0 units)
- Cote d'Ivoire (129.0 units)
- Ghana (71.0 units)
- Niger (53.0 units)
- Egypt (46.0 units)
- South Africa (30.0 units)
- Tanzania (25.0 units)
- United Arab Emirates (22.0 units)
- Ireland (21.0 units)
- Kenya (16.0 units)
This report provides an in-depth analysis of the food mixer 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 27512170 - Domestic food grinders, mixers and fruit or vegetable juice extractors, with a self-contained electric motor
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
441
This report provides an in-depth analysis of the food mixer market in Nigeria.
1281
This report provides an in-depth analysis of the global food mixer market.
486
This report provides an in-depth analysis of the global food mixer market.
489
This report provides an in-depth analysis of the global food mixer market.
430
This report provides an in-depth analysis of the global food mixer market.
441
This report provides an in-depth analysis of the food mixer market in Nigeria.
1281
This report provides an in-depth analysis of the global food mixer market.
486
This report provides an in-depth analysis of the global food mixer market.
489
This report provides an in-depth analysis of the global food mixer market.
430
This report provides an in-depth analysis of the global food mixer market.
111
Discover the leading countries in the global import market for food mixers and the key statistics behind their import values.
776
In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...
1072
In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...
111
Discover the leading countries in the global import market for food mixers and the key statistics behind their import values.
776
In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...
1072
In 2016, the amount of food mixer imported worldwide stood at X tons, remaining constant against the previous year figure. The total import volume increased at an average annual rate of +X% fro...
