Nigeria - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Sewing Machines (Non-Automatic) in Nigeria - 2022
Contents:
- Price for Industrial Sewing Machines (Non-Automatic) in Nigeria (CIF) - 2022
- Price for Industrial Sewing Machines (Non-Automatic) in Nigeria (FOB) - 2022
- Imports of Industrial Sewing Machines (Non-Automatic) in Nigeria
- Exports of Industrial Sewing Machines (Non-Automatic) in Nigeria
Price for Industrial Sewing Machines (Non-Automatic) in Nigeria (CIF) - 2022
In 2022, the average industrial sewing machines (non-automatic) import price amounted to $145 per unit, waning by -63.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 37% against the previous year. The import price peaked at $686 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Hong Kong SAR ($795 per unit), while the price for India ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Industrial Sewing Machines (Non-Automatic) in Nigeria (FOB) - 2022
The average industrial sewing machines (non-automatic) export price stood at $915 per unit in 2022, waning by -7.2% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the maximum at $4,941 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ghana ($1,166 per unit) and Burkina Faso ($890 per unit), while the average price for exports to Cameroon ($873 per unit) and Niger ($879 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+5.6%), while the prices for the other major destinations experienced a decline.
Imports of Industrial Sewing Machines (Non-Automatic) in Nigeria
In 2022, industrial sewing machines (non-automatic) imports into Nigeria skyrocketed to 173K units, growing by 256% compared with the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, industrial sewing machines (non-automatic) imports surged to $25M in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn. Imports peaked at $30M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Industrial Sewing Machines (Non-Automatic) in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.4 | 27.6 | 17.7 | 16.2 | -12.8% |
| Hong Kong SAR | 0.6 | 0.6 | 0.6 | 2.5 | 60.9% |
| South Korea | 0.2 | 0.3 | N/A | 2.0 | 115.4% |
| India | 0.2 | 0.6 | 0.2 | 1.4 | 91.3% |
| United Kingdom | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Japan | 0.3 | N/A | N/A | 0.4 | 10.1% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 2.1 | 0.6 | 0.5 | 1.9 | -3.3% |
| Total | 27.9 | 29.8 | 19.3 | 25.1 | -3.5% |
Top Suppliers of Industrial Sewing Machines (Non-Automatic) to Nigeria in 2022:
- India (108.6K units)
- China (24.4K units)
- South Korea (12.1K units)
- United Arab Emirates (8.5K units)
- United Kingdom (7.9K units)
- Japan (4.6K units)
- Hong Kong SAR (3.1K units)
Exports of Industrial Sewing Machines (Non-Automatic) in Nigeria
In 2022, overseas shipments of industrial sewing machines (non-automatic) were finally on the rise to reach 88 units after two years of decline. In general, exports, however, faced a abrupt contraction. The exports peaked at 127 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, industrial sewing machines (non-automatic) exports skyrocketed to $81K in 2022. Over the period under review, exports, however, saw a dramatic decline. Over the period under review, the exports attained the peak figure at $279K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Industrial Sewing Machines (Non-Automatic) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 255 | 82.6 | 33.8 | 56.1 | -39.6% |
| Niger | 8.9 | 5.3 | 8.5 | 8.8 | -0.4% |
| Cameroon | 5.4 | 5.7 | 5.8 | 3.5 | -13.5% |
| Others | 10.2 | 7.3 | 12.0 | 12.2 | 6.1% |
| Total | 279 | 101 | 60.1 | 80.5 | -33.9% |
Top Export Markets for Industrial Sewing Machines (Non-Automatic) from Nigeria in 2022:
- Burkina Faso (63.0 units)
- Niger (10.0 units)
- Cameroon (4.0 units)
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
898
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
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4129
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
3851
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
898
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1202
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4129
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
