Price for Non-Tanker Trailer and Semi-Trailers in Nigeria - 2022
Contents:
- Price for Non-Tanker Trailer and Semi-Trailers in Nigeria (CIF) - 2022
- Imports of Non-Tanker Trailer and Semi-Trailers in Nigeria
Price for Non-Tanker Trailer and Semi-Trailers in Nigeria (CIF) - 2022
In June 2022, the average non-tanker trailer and semi-trailers import price amounted to $19,855 per unit, approximately mirroring the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of less than 0.1% against the previous month. Over the period under review, average import prices hit record highs in June 2022.
Average prices varied noticeably amongst the major supplying countries. In June 2022, the countries with the highest prices were the Netherlands ($19,869 per unit) and the United States ($19,866 per unit), while the price for Italy ($19,853 per unit) and Germany ($19,854 per unit) were amongst the lowest.
From February 2022 to June 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Tanker Trailer and Semi-Trailers in Nigeria
In 2022, non-tanker trailer and semi-trailers imports into Nigeria surged to 711 units, increasing by 180% against 2021. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-tanker trailer and semi-trailers imports skyrocketed to $16M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Tanker Trailer and Semi-Trailers in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 228 | 1,543 | 1,197 | 11,448 | 268.9% |
| Brazil | 303 | 210 | 164 | 2,250 | 95.1% |
| South Korea | 120 | 89.9 | 82.4 | 686 | 78.8% |
| Netherlands | 857 | 829 | 969 | 464 | -18.5% |
| United States | 219 | 20.7 | 158 | 424 | 24.6% |
| Germany | 43.9 | 1.6 | 724 | 410 | 110.6% |
| Belgium | 959 | 925 | 9.4 | 13.8 | -75.7% |
| Spain | 156 | 83.7 | 33.3 | 2.5 | -74.8% |
| Israel | 237 | 235 | 349 | N/A | 21.3% |
| Others | 503 | 1,160 | 1,483 | 284 | -17.3% |
| Total | 3,627 | 5,098 | 5,170 | 15,983 | 63.9% |
Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Nigeria in 2022:
- China (509.0 units)
- Brazil (100.0 units)
- Netherlands (54.0 units)
- South Korea (31.0 units)
- United States (19.0 units)
- Germany (18.0 units)
- Belgium (1.0 units)
- Spain (1.0 units)
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