Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria - 2023
Contents:
- Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (CIF) - 2022
- Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (FOB) - 2022
- Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria
- Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria
Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (CIF) - 2022
The average import price for saws for working in the hand, with self-contained electric motor stood at $63 per unit in 2022, reducing by -19.4% against the previous year. In general, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2018 when the average import price increased by 14%. The import price peaked at $78 per unit in 2021, and then dropped remarkably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($63 per unit) and the United Arab Emirates ($63 per unit), while the price for the UK ($63 per unit) and China ($63 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (FOB) - 2022
In 2022, the average export price for saws for working in the hand, with self-contained electric motor amounted to $161 per unit, waning by -4.6% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2014 an increase of 155%. Over the period under review, the average export prices reached the maximum at $169 per unit in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($215 per unit), while the average price for exports to South Africa ($14 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 Germany (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria
In 2022, purchases abroad of saws for working in the hand, with self-contained electric motor increased by 177% to 52K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage. Imports peaked at 91K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of saws for working in the hand, with self-contained electric motor soared to $3.3M in 2022. Overall, imports, however, saw a deep setback. Imports peaked at $6.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 5.8 | 1.2 | 3.1 | -18.4% |
| United Arab Emirates | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Germany | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Total | 6.4 | 6.2 | 1.5 | 3.3 | -19.8% |
Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to Nigeria in 2022:
- China (49.0K units)
- United Arab Emirates (1.2K units)
- Germany (0.1K units)
Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria
In 2022, approx. 19 units of saws for working in the hand, with self-contained electric motor were exported from Nigeria; reducing by -20.8% compared with 2021. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 85%. The exports peaked at 34 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of saws for working in the hand, with self-contained electric motor dropped notably to $3.1K in 2022. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, the exports reached the peak of $4.1K, and then shrank notably in the following year.
| Export of Saws for Working in the Hand, with Self-Contained Electric Motor in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,250 | 2,033 | 2,467 | 2,916 | -3.6% |
| Ghana | 30.0 | 23.0 | 38.0 | 50.0 | 18.6% |
| Mauritius | N/A | N/A | N/A | 29.0 | 0% |
| Benin | N/A | N/A | N/A | 28.0 | 0% |
| South Africa | N/A | N/A | N/A | 23.0 | 0% |
| Cote d'Ivoire | 25.0 | 14.0 | 15.0 | 16.0 | -13.8% |
| United States | N/A | N/A | 1,343 | N/A | 0% |
| Others | 11.0 | N/A | 191 | N/A | 316.7% |
| Total | 3,316 | 2,070 | 4,054 | 3,062 | -2.6% |
Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from Nigeria in 2022:
- Germany (14.0 units)
- South Africa (2.0 units)
- Mauritius (2.0 units)
- Ghana (1.0 units)
- Cote d'Ivoire (1.0 units)
- Benin (1.0 units)
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