Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria - 2022

Contents:

  1. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria (CIF) - 2022
  2. Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria (CIF) - 2022

The average import price for tubes; microwave, magnetrons, excluding grid-controlled tubeses stood at $137 per unit in 2022, waning by -4.6% against the previous year. Over the period under review, the import price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 1,643%. Over the period under review, average import prices attained the maximum at $144 per unit in 2021, and then fell slightly in the following year.

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 Spain ($218 per unit), while the price for the Netherlands ($30 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1,040.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria

In 2022, imports of tubes; microwave, magnetrons, excluding grid-controlled tubeses into Nigeria fell remarkably to 1K units, reducing by -46% compared with the year before. Over the period under review, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 628% against the previous year. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of tubes; microwave, magnetrons, excluding grid-controlled tubeses shrank markedly to $141K in 2022. In general, imports, however, saw a measured expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 904%. As a result, imports reached the peak of $274K, and then declined markedly in the following year.

Import of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.60.265.358.7360.8%
Netherlands63.84.37.910.7-44.9%
SpainN/AN/AN/A5.40%
China3.01.52.84.514.5%
Norway2.21.33.23.617.8%
Italy3.01.43.23.33.2%
France1.21.735.91.20.0%
Singapore3.50.91.00.3-55.9%
United States28.81.338.2N/A15.2%
FinlandN/A9.324.3N/A161.3%
Others26.15.491.953.126.7%
Total13227.32741412.2%

Top Suppliers of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes to Nigeria in 2022:

  1. Belgium (467.0 units)
  2. Netherlands (357.0 units)
  3. China (40.0 units)
  4. Italy (30.0 units)
  5. Spain (25.0 units)
  6. Norway (21.0 units)
  7. Singapore (4.0 units)
  8. France (4.0 units)
  9. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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