Nigeria - Non-Electronic Hydro-, Hygro-, Psychrometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Electronic Hydro- and Hygrometers in Nigeria - 2022
Contents:
- Price for Non-Electronic Hydro- and Hygrometers in Nigeria (CIF) - 2022
- Price for Non-Electronic Hydro- and Hygrometers in Nigeria (FOB) - 2022
- Imports of Non-Electronic Hydro- and Hygrometers in Nigeria
- Exports of Non-Electronic Hydro- and Hygrometers in Nigeria
Price for Non-Electronic Hydro- and Hygrometers in Nigeria (CIF) - 2022
In 2022, the average non-electronic hydro- and hygrometers import price amounted to $1.9 per unit, with a decrease of -20.9% against the previous year. Overall, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 35% against the previous year. As a result, import price reached the peak level of $3.1 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5.8 per unit), while the price for Taiwan (Chinese) ($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 South Africa (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Electronic Hydro- and Hygrometers in Nigeria (FOB) - 2022
The average non-electronic hydro- and hygrometers export price stood at $7.3 per unit in 2022, dropping by -6.2% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 132% against the previous year. Over the period under review, the average export prices attained the maximum at $8.1 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($157 per unit), while the average price for exports to Belgium ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Electronic Hydro- and Hygrometers in Nigeria
In 2022, non-electronic hydro- and hygrometers imports into Nigeria skyrocketed to 838K units, increasing by 29% against the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports attained the peak of 864K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-electronic hydro- and hygrometers imports rose slightly to $1.6M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 39%. As a result, imports reached the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Non-Electronic Hydro- and Hygrometers in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 716 | 1,356 | 22.3 | 274 | -27.4% |
South Africa | 9.4 | 1.3 | 3.8 | 198 | 176.2% |
United States | 70.0 | 68.5 | 35.0 | 178 | 36.5% |
United Kingdom | 45.3 | 8.7 | 33.4 | 155 | 50.7% |
India | 16.8 | 120 | 763 | 118 | 91.5% |
Netherlands | 33.6 | 8.5 | 15.1 | 38.9 | 5.0% |
Italy | 38.7 | 13.1 | 78.9 | 28.0 | -10.2% |
Taiwan (Chinese) | 11.3 | 0.2 | 5.1 | 5.8 | -19.9% |
Croatia | N/A | N/A | 52.3 | N/A | 0% |
Others | 625 | 603 | 580 | 618 | -0.4% |
Total | 1,566 | 2,180 | 1,589 | 1,615 | 1.0% |
Top Suppliers of Non-Electronic Hydro- and Hygrometers to Nigeria in 2022:
- China (355.2K units)
- South Africa (62.3K units)
- United States (56.0K units)
- United Kingdom (50.3K units)
- Taiwan (Chinese) (49.3K units)
- India (37.0K units)
- Netherlands (27.4K units)
- Italy (4.8K units)
Exports of Non-Electronic Hydro- and Hygrometers in Nigeria
In 2022, approx. 5.3K units of non-electronic hydro-, hygro-, psychrometers were exported from Nigeria; picking up by 663% against the previous year's figure. In general, exports, however, continue to indicate a abrupt decline. The exports peaked at 8.8K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, non-electronic hydro- and hygrometers exports skyrocketed to $39K in 2022. Overall, exports, however, showed a perceptible decline. The exports peaked at $72K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Electronic Hydro- and Hygrometers in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 6.5 | 30.9 | 2.2 | 15.4 | 33.3% |
Belgium | 21.3 | 26.1 | 2.0 | 14.8 | -11.4% |
Finland | 1.2 | 2.4 | 0.2 | 1.2 | 0.0% |
Others | 12.9 | 12.3 | 0.9 | 7.1 | -18.0% |
Total | 41.9 | 71.7 | 5.4 | 38.5 | -2.8% |
Top Export Markets for Non-Electronic Hydro- and Hygrometers from Nigeria in 2022:
- Belgium (4.7K units)
- Finland (0.2K units)
- Cote d'Ivoire (0.1K units)
This report provides an in-depth analysis of the market for non-electronic hydro- and hygrometers 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 26515179 - Non-electronic hydro-, hygro-, psychrometers (including hygrographs, thermo-hygrographs, baro-thermo-hygrographs, a ctinometers, pagoscopes, excluding radio-sondes for atmospheric soundings)
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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