Report Update: Dec 1, 2023

Nigeria - Photo-Copying Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Photo-Copying Apparatus Price in Nigeria - 2022

Name: Photo-Copying Apparatus Price in Nigeria - 2022
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Photo-Copying Apparatus Price Nigeria, IndexBox, market research, global market, publisher

Photo-Copying Apparatus Price in Nigeria (CIF) - 2022

The average photo-copying apparatus import price stood at $10 per unit in 2022, surging by 8.8% against the previous year. In general, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 108% against the previous year. As a result, import price reached the peak level of $32 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 the United Arab Emirates ($98 per unit), while the price for Poland ($5.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.9%), while the prices for the other major suppliers experienced a decline.

Photo-Copying Apparatus Price in Nigeria (FOB) - 2022

In 2022, the average photo-copying apparatus export price amounted to $372 per unit, almost unchanged from the previous year. In general, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 274%. As a result, the export price attained the peak level of $631 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to +27.4% per year.

Photo-Copying Apparatus Imports in Nigeria

Photo-copying apparatus imports into Nigeria surged to 1.8M units in 2022, growing by 91% on 2021 figures. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 422%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, photo-copying apparatus imports surged to $19M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 241% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Photo-Copying Apparatus in Nigeria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.2	0.5	4.8	8.7	251.7%
United Arab Emirates	2.6	1.4	2.0	4.8	22.7%
United States	N/A	0.1	1.5	2.7	419.6%
Germany	0.5	0.4	0.3	1.0	26.0%
Italy	0.6	N/A	0.1	0.6	0.0%
United Kingdom	0.1	0.1	0.1	0.3	44.2%
Poland	0.1	N/A	0.1	0.2	26.0%
Others	0.6	0.2	0.3	0.8	10.1%
Total	4.8	2.7	9.1	19.0	58.2%

Top Suppliers of Photo-Copying Apparatus to Nigeria in 2022:

China (1174.0K units)
United States (412.2K units)
United Arab Emirates (49.0K units)
Germany (46.2K units)
United Kingdom (38.1K units)
Poland (29.5K units)
Italy (18.9K units)

Photo-Copying Apparatus Exports in Nigeria

Photo-copying apparatus exports from Nigeria declined significantly to 116 units in 2022, shrinking by -39.3% against the previous year's figure. Over the period under review, exports, however, showed tangible growth. The growth pace was the most rapid in 2021 with an increase of 185% against the previous year. As a result, the exports attained the peak of 191 units, and then shrank rapidly in the following year.

In value terms, photo-copying apparatus exports shrank rapidly to $43K in 2022. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 393%. As a result, the exports attained the peak of $72K, and then declined notably in the following year.

Export of Photo-Copying Apparatus in Nigeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Benin	2.9	8.7	58.8	40.0	139.8%
Niger	1.6	1.0	1.2	0.8	-20.6%
Togo	N/A	1.8	N/A	N/A	0%
Democratic Republic of the Congo	0.4	N/A	N/A	N/A	0%
Italy	3.9	N/A	N/A	N/A	0%
Others	56.7	3.1	11.7	2.3	-65.6%
Total	65.4	14.6	71.8	43.2	-12.9%

Top Export Markets for Photo-Copying Apparatus from Nigeria in 2022:

Benin (114.0 units)
Niger (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the photo-copying apparatus 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 28232100 - Photo-copying apparatus incorporating an optical system or of the contact type and thermo-copying apparatus

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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022