Nigeria - Turbo-Propellers Of A Power Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Turbo-Propeller (over 1100 kW) in Nigeria - 2022
Contents:
- Price for Turbo-Propeller (over 1100 kW) in Nigeria (CIF) - 2022
- Imports of Turbo-Propeller (over 1100 kW) in Nigeria
Price for Turbo-Propeller (over 1100 kW) in Nigeria (CIF) - 2022
In 2022, the average turbo-propeller (over 1100 kW) import price amounted to $20,625 per unit, with a decrease of -81.2% against the previous year. Overall, the import price saw a deep contraction. The growth pace was the most rapid in 2016 an increase of 382% against the previous year. The import price peaked at $523,849 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +82.5% per year.
Imports of Turbo-Propeller (over 1100 kW) in Nigeria
For the third year in a row, Nigeria recorded decline in supplies from abroad of turbo-propellers of a power exceeding 1,100 kW, which decreased by -80% to 2 units in 2022. Overall, imports faced a sharp reduction. The smallest decline of -14.3% was in 2020. Over the period under review, imports reached the maximum at 14 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, turbo-propeller (over 1100 kW) imports reduced dramatically to $41K in 2022. Over the period under review, imports saw a sharp reduction. The smallest decline of -44.3% was in 2020. Over the period under review, imports attained the maximum at $6.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Turbo-Propeller (over 1100 kW) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.2 | 18.7 | 7.2 | 41.2 | -7.0% |
| Spain | N/A | 13.2 | N/A | N/A | 0% |
| Russia | 1,322 | N/A | N/A | N/A | 0% |
| United States | 1,216 | 468 | 488 | N/A | -36.7% |
| Germany | 120 | 222 | 65.2 | N/A | -26.3% |
| Belgium | 25.3 | 18.1 | 6.6 | N/A | -48.9% |
| Hong Kong SAR | 0.1 | N/A | N/A | N/A | 0% |
| United Kingdom | 1,115 | 476 | 104 | N/A | -69.5% |
| South Africa | N/A | N/A | 0.1 | N/A | 0% |
| Singapore | 877 | 441 | 91.4 | N/A | -67.7% |
| Canada | 1,892 | 1,806 | 238 | N/A | -64.5% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Ukraine | 20.2 | 14.6 | 5.4 | N/A | -48.3% |
| Others | N/A | 221 | 90.6 | N/A | -59.0% |
| Total | 6,637 | 3,698 | 1,096 | 41.2 | -81.6% |
Top Suppliers of Turbo-Propeller (over 1100 kW) to Nigeria in 2022:
- China (2.0 units)
This report provides an in-depth analysis of the market for turbo-propeller (over 1100 kw) 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 30301200 - Turbo-jets and turbo-propellers, for civil use
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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