Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria - 2022
Contents:
- Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria (CIF) - 2022
- Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria
Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria (CIF) - 2022
The average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses stood at $0.6 per unit in 2022, surging by 26% against the previous year. Over the period under review, the import price recorded a mild increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 138% against the previous year. The import price peaked at $3.2 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 the UK ($1.5 per unit), while the price for Ethiopia ($0.1 per unit) 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 (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria
Imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses into Nigeria reduced rapidly to 1.5M units in 2022, which is down by -29.9% on the previous year. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of 2.2M units, and then declined notably in the following year.
In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses contracted to $851K in 2022. Over the period under review, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of less than 0.1%. Over the period under review, imports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 880 | 627 | 789 | 670 | -8.7% |
| United Kingdom | 48.1 | 19.0 | 8.4 | 55.3 | 4.8% |
| France | 2.0 | 70.2 | 5.7 | 39.2 | 169.6% |
| Ethiopia | N/A | N/A | 8.9 | 21.9 | 146.1% |
| Mexico | 26.9 | 167 | 2.0 | N/A | -72.7% |
| Italy | 52.1 | 19.2 | 9.0 | N/A | -58.4% |
| Others | 69.0 | 63.3 | 143 | 64.5 | -2.2% |
| Total | 1,078 | 966 | 966 | 851 | -7.6% |
Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Nigeria in 2022:
- China (1162.0K units)
- Ethiopia (212.4K units)
- France (51.6K units)
- United Kingdom (36.5K units)
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