Nigeria - Hand Saws - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Nigeria - Hand Saws - Market Analysis, Forecast, Size, Trends And Insights

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Hand Saw Price in Nigeria - 2022

Contents:

  1. Hand Saw Price in Nigeria (CIF) - 2022
  2. Hand Saw Price in Nigeria (FOB) - 2022
  3. Hand Saw Imports in Nigeria
  4. Hand Saw Exports in Nigeria

Hand Saw Price in Nigeria (CIF) - 2022

The average hand saw import price stood at $323 per ton in 2022, with a decrease of -68.4% against the previous year. Over the period under review, the import price faced a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 61% against the previous year. Over the period under review, average import prices reached the peak figure at $1,692 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Portugal ($431 per ton), while the price for China amounted to $273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-4.6%).

Hand Saw Price in Nigeria (FOB) - 2022

The average hand saw export price stood at $9,900 per ton in 2022, increasing by 61% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($129,000 per ton), while the average price for exports to Benin ($1,000 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 Cote d'Ivoire (+51.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saw Imports in Nigeria

Hand saw imports into Nigeria soared to 302 tons in 2022, with an increase of 173% against 2021 figures. Over the period under review, imports saw moderate growth.

In value terms, hand saw imports fell to $97K in 2022. Overall, imports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year. As a result, imports reached the peak of $574K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Hand Saw in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China91.332618.675.8-6.0%
Portugal4.77.03.43.9-6.0%
Morocco14.213.14.70.8-61.7%
Japan1.81.80.60.1-61.8%
Germany37.211.31.80.1-86.1%
Others17621483.716.6-54.5%
Total32557411397.3-33.1%

Top Suppliers of Hand Saw to Nigeria in 2022:

  1. China (278.0 tons)
  2. Portugal (9.1 tons)
  3. Japan (1.6 tons)
  4. Morocco (0.3 tons)
  5. Germany (0.3 tons)

Hand Saw Exports in Nigeria

Hand saw exports from Nigeria soared to 60 kg in 2022, rising by 82% on 2021 figures. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 315%. As a result, the exports reached the peak of 162 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, hand saw exports skyrocketed to $594 in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 438%. As a result, the exports attained the peak of $984. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Hand Saw in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire65.027481.025858.3%
Sao Tome and Principe45.018655.017557.3%
Cameroon38.014137.010239.0%
South Africa5.022.07.027.075.4%
Niger16.03324.018.04.0%
Ghana10.028.06.013.09.1%
Benin1.01.01.01.00.0%
Others3.0N/A12.0N/A100.0%
Total18398420359448.1%

Top Export Markets for Hand Saw from Nigeria in 2022:

  1. Cameroon (51.0 kg)
  2. Sao Tome and Principe (2.0 kg)
  3. Niger (2.0 kg)
  4. Cote d'Ivoire (2.0 kg)
  5. Ghana (1.0 kg)
  6. South Africa (1.0 kg)
  7. Benin (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand saw 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 25732010 - Hand saws (excluding hand saws with a self-contained 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Hand Saws - Nigeria