Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria - 2023
Contents:
- Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (CIF) - 2022
- Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (FOB) - 2022
- Imports of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria
- Exports of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria
Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (CIF) - 2022
The average import price for pneumatic mattresses of cotton or other textile materialses stood at $13,252 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $14,934 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($74,231 per ton), while the price for China ($1,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (FOB) - 2022
In 2022, the average export price for pneumatic mattresses of cotton or other textile materialses amounted to $1,686 per ton, falling by -65.5% against the previous year. Overall, the export price, however, saw a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 157%. As a result, the export price reached the peak level of $8,073 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($5,787 per ton), while the average price for exports to Benin totaled $653 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+19.2%).
Imports of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria
In 2022, purchases abroad of pneumatic mattresses of cotton or other textile materialses increased by 215% to 123 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic contraction.
In value terms, imports of pneumatic mattresses of cotton or other textile materialses skyrocketed to $1.6K in 2022. In general, imports, however, saw a dramatic downturn.
| Import of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,576 | 2,239 | 200 | 965 | -15.1% |
| Canada | 513 | 709 | 108 | 240 | -22.4% |
| United Arab Emirates | 1,190 | 612 | 5.0 | 219 | -43.1% |
| Egypt | N/A | N/A | N/A | 68.0 | 0% |
| Netherlands | 2.0 | 4.0 | 1.0 | 61.0 | 212.4% |
| Turkey | 136 | 106 | 6.0 | 20.0 | -47.2% |
| United States | 316 | 161 | 5.0 | 17.0 | -62.2% |
| Ghana | 24.0 | 32.0 | 3.0 | 12.0 | -20.6% |
| China | 101 | 1,170 | 64.0 | 1.0 | -78.5% |
| Tunisia | 23.0 | N/A | N/A | N/A | 0% |
| Others | 367 | 99.0 | 16.0 | 27.0 | -58.1% |
| Total | 4,248 | 5,132 | 408 | 1,630 | -27.3% |
Top Suppliers of Pneumatic Mattresses of Cotton or Other Textile Materials to Nigeria in 2022:
- United Arab Emirates (77.0 kg)
- Canada (14.0 kg)
- United Kingdom (13.0 kg)
- Egypt (8.0 kg)
- Turkey (3.0 kg)
- Ghana (2.0 kg)
- Netherlands (2.0 kg)
- United States (1.0 kg)
- China (1.0 kg)
Exports of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria
Exports of pneumatic mattresses of cotton or other textile materialses from Nigeria soared to 303 kg in 2022, jumping by 483% on 2021. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pneumatic mattresses of cotton or other textile materialses soared to $511 in 2022. In general, exports, however, recorded a abrupt decrease.
| Export of Pneumatic Mattresses of Cotton or Other Textile Materials in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 612 | N/A | 176 | 353 | -16.8% |
| Benin | 50.0 | N/A | 31.0 | 158 | 46.7% |
| Rwanda | N/A | N/A | 47.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 662 | N/A | 254 | 511 | -8.3% |
Top Export Markets for Pneumatic Mattresses of Cotton or Other Textile Materials from Nigeria in 2022:
- Benin (242.0 kg)
- Ghana (61.0 kg)
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