Nigeria - Non-Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Frame Non-Upholstered Seat in Nigeria - 2022
Contents:
- Price for Metal Frame Non-Upholstered Seat in Nigeria (CIF) - 2022
- Price for Metal Frame Non-Upholstered Seat in Nigeria (FOB) - 2022
- Imports of Metal Frame Non-Upholstered Seat in Nigeria
- Exports of Metal Frame Non-Upholstered Seat in Nigeria
Price for Metal Frame Non-Upholstered Seat in Nigeria (CIF) - 2022
In 2022, the average metal frame non-upholstered seat import price amounted to $1.8 per unit, falling by -92.4% against the previous year. In general, the import price faced a precipitous curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 139% against the previous year. The import price peaked at $38 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2.2 per unit), while the price for Malaysia ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.5%), while the prices for the other major suppliers experienced a decline.
Price for Metal Frame Non-Upholstered Seat in Nigeria (FOB) - 2022
The average metal frame non-upholstered seat export price stood at $291 per unit in 2022, dropping by -2.8% against the previous year. Over the period under review, the export price showed a mild descent. The pace of growth was the most pronounced in 2014 an increase of 69%. Over the period under review, the average export prices attained the maximum at $1,045 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -5.8% per year.
Imports of Metal Frame Non-Upholstered Seat in Nigeria
In 2022, metal frame non-upholstered seat imports into Nigeria soared to 14K units, rising by 263% on the previous year. Overall, imports, however, recorded a deep contraction. Imports peaked at 24K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, metal frame non-upholstered seat imports reduced markedly to $24K in 2022. In general, imports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of $546K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Metal Frame Non-Upholstered Seat in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.4 | 325 | 4.1 | 19.6 | -26.0% |
| Turkey | 12.0 | 62.0 | 23.1 | 1.5 | -50.0% |
| Italy | 1.5 | 0.3 | 0.1 | 0.8 | -18.9% |
| Malaysia | 108 | 51.9 | 10.3 | 0.5 | -83.3% |
| Others | 260 | 106 | 51.0 | 2.0 | -80.3% |
| Total | 430 | 546 | 88.6 | 24.4 | -61.6% |
Top Suppliers of Metal Frame Non-Upholstered Seat to Nigeria in 2022:
- China (11.6K units)
- Turkey (0.7K units)
- Italy (0.4K units)
- Malaysia (0.3K units)
Exports of Metal Frame Non-Upholstered Seat in Nigeria
In 2022, the amount of non-upholstered seats with metal frames exported from Nigeria shrank significantly to 12 units, which is down by -33.3% on the previous year's figure. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 260%. Over the period under review, the exports attained the peak figure at 21 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, metal frame non-upholstered seat exports shrank rapidly to $3.5K in 2022. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 237% against the previous year. The exports peaked at $6.3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Metal Frame Non-Upholstered Seat in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,559 | 405 | 560 | 93.0 | -60.9% |
| Others | 4,767 | 1,190 | 4,817 | 3,393 | -10.7% |
| Total | 6,326 | 1,595 | 5,377 | 3,486 | -18.0% |
Top Export Markets for Metal Frame Non-Upholstered Seat from Nigeria in 2022:
- Uganda (12.0 units)
This report provides an in-depth analysis of the market for metal frame non-upholstered seat 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 31001190 - Non-upholstered seats with metal frames (excluding medical, s urgical, dental or veterinary seats, barbers
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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