Nigeria - Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Electronic Liquid or Gas Measurer in Nigeria - 2022
Contents:
- Price for Non-Electronic Liquid or Gas Measurer in Nigeria (CIF) - 2022
- Price for Non-Electronic Liquid or Gas Measurer in Nigeria (FOB) - 2022
- Imports of Non-Electronic Liquid or Gas Measurer in Nigeria
- Exports of Non-Electronic Liquid or Gas Measurer in Nigeria
Price for Non-Electronic Liquid or Gas Measurer in Nigeria (CIF) - 2022
The average import price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $13 per unit in 2022, falling by -53.1% against the previous year. Overall, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,433% against the previous year. As a result, import price reached the peak level of $106 per unit. From 2015 to 2022, the average import prices remained 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 Italy ($53 per unit), while the price for Cameroon ($0.2 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 (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Electronic Liquid or Gas Measurer in Nigeria (FOB) - 2022
In 2022, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $141 per unit, picking up by 34% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 181% against the previous year. Over the period under review, the average export prices reached the peak figure at $146 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($630 per unit), while the average price for exports to Benin ($0.1 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 South Africa (+82.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Electronic Liquid or Gas Measurer in Nigeria
In 2022, non-electronic liquid or gas measurer imports into Nigeria skyrocketed to 440K units, jumping by 46% on 2021 figures. Overall, imports, however, saw a perceptible descent. Over the period under review, imports reached the maximum at 579K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, non-electronic liquid or gas measurer imports declined sharply to $5.5M in 2022. In general, imports, however, recorded a precipitous descent. The smallest decline of -25.8% was in 2020. Over the period under review, imports reached the maximum at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Non-Electronic Liquid or Gas Measurer in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,192 | 783 | 842 | 1,088 | -36.2% |
| Italy | 998 | 997 | 743 | 647 | -13.5% |
| China | 6,179 | 5,542 | 1,219 | 544 | -55.5% |
| Germany | 792 | 558 | 67.2 | 419 | -19.1% |
| United Arab Emirates | 260 | 455 | 457 | 394 | 14.9% |
| United Kingdom | 803 | 307 | 345 | 358 | -23.6% |
| South Korea | 391 | 357 | 243 | 177 | -23.2% |
| Lebanon | 43.1 | 77.3 | 136 | 154 | 52.9% |
| Croatia | 421 | 241 | 48.1 | 153 | -28.6% |
| Hong Kong SAR | 73.2 | 147 | 123 | 106 | 13.1% |
| Israel | 67.6 | 38.1 | 27.5 | 23.0 | -30.2% |
| Cameroon | 25.2 | 25.4 | 19.1 | 16.7 | -12.8% |
| Spain | 2.9 | 3.8 | 3.6 | 3.2 | 3.3% |
| Others | 2,989 | 3,256 | 3,770 | 1,428 | -21.8% |
| Total | 17,237 | 12,788 | 8,043 | 5,513 | -31.6% |
Top Suppliers of Non-Electronic Liquid or Gas Measurer to Nigeria in 2022:
- Lebanon (113.3K units)
- Cameroon (69.2K units)
- Hong Kong SAR (46.3K units)
- China (46.2K units)
- Israel (27.8K units)
- United States (23.2K units)
- South Korea (12.9K units)
- Italy (12.3K units)
- United Arab Emirates (10.3K units)
- United Kingdom (9.8K units)
- Spain (9.6K units)
- Germany (9.1K units)
- Croatia (8.6K units)
Exports of Non-Electronic Liquid or Gas Measurer in Nigeria
In 2022, non-electronic liquid or gas measurer exports from Nigeria surged to 3.3K units, increasing by 347% against the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 443% against the previous year. As a result, the exports reached the peak of 5.8K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-electronic liquid or gas measurer exports surged to $461K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 700%. As a result, the exports reached the peak of $845K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Electronic Liquid or Gas Measurer in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 34.8 | 47.0 | 19.6 | 122 | 51.9% |
| United Kingdom | 27.4 | 50.8 | 18.5 | 104 | 56.0% |
| Norway | 13.5 | 31.5 | 11.7 | 67.7 | 71.2% |
| United States | 4.4 | 12.2 | 6.4 | 36.3 | 102.1% |
| South Africa | 3.7 | 8.4 | 3.0 | 16.4 | 64.3% |
| Austria | 1.1 | 1.9 | 1.9 | 10.9 | 114.8% |
| Angola | 1.8 | 2.6 | 0.4 | 5.3 | 43.3% |
| Czech Republic | 6.1 | 8.6 | 1.8 | 3.1 | -20.2% |
| Niger | 0.6 | 1.1 | 0.3 | 1.4 | 32.6% |
| France | 0.7 | 1.4 | 0.3 | 1.0 | 12.6% |
| Ghana | 0.2 | 0.4 | 0.2 | 0.9 | 65.1% |
| Benin | N/A | N/A | N/A | N/A | 0% |
| Denmark | N/A | 654 | 5.1 | N/A | -99.2% |
| Others | 11.3 | 25.3 | 7.7 | 91.9 | 101.1% |
| Total | 106 | 845 | 76.9 | 461 | 63.2% |
Top Export Markets for Non-Electronic Liquid or Gas Measurer from Nigeria in 2022:
- United Kingdom (741.0 units)
- Cote d'Ivoire (728.0 units)
- Austria (437.0 units)
- Angola (284.0 units)
- United States (215.0 units)
- Benin (181.0 units)
- Ghana (111.0 units)
- Norway (107.0 units)
- South Africa (97.0 units)
- Niger (88.0 units)
- Czech Republic (73.0 units)
- France (58.0 units)
This report provides an in-depth analysis of the market for non-electronic liquid or gas measurer 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 26515289 - Non-electronic instruments for measuring or checking variables of liquids or gases (including heat meters, excluding for measuring or checking pressure/flow/level of liquids)
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
-
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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