Nigeria - Parts Of Vapour Generating Boilers And Super-Heater Water Boilers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 11, 2024

Nigeria - Parts Of Vapour Generating Boilers And Super-Heater Water Boilers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Vapour Generating Boiler Parts in Nigeria - 2022

Contents:

  1. Price for Vapour Generating Boiler Parts in Nigeria (CIF) - 2022
  2. Price for Vapour Generating Boiler Parts in Nigeria (FOB) - 2022
  3. Imports of Vapour Generating Boiler Parts in Nigeria
  4. Exports of Vapour Generating Boiler Parts in Nigeria

Price for Vapour Generating Boiler Parts in Nigeria (CIF) - 2022

The average vapour generating boiler parts import price stood at $5,982 per ton in June 2022, increasing by 7.9% against the previous month. In general, the import price posted a tangible expansion. The pace of growth was the most pronounced in December 2021 when the average import price increased by 260% m-o-m. As a result, import price attained the peak level of $16,977 per ton. From January 2022 to June 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was India ($6,357 per ton), while the price for China stood at $3,949 per ton.

From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%).

Price for Vapour Generating Boiler Parts in Nigeria (FOB) - 2022

The average vapour generating boiler parts export price stood at $9,080 per ton in 2022, reducing by -22.9% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $23,760 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +29.1% per year.

Imports of Vapour Generating Boiler Parts in Nigeria

In 2022, vapour generating boiler parts imports into Nigeria skyrocketed to 2.7K tons, jumping by 23% on 2021. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 156% against the previous year. As a result, imports attained the peak of 9.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, vapour generating boiler parts imports dropped remarkably to $7.1M in 2022. In general, imports, however, showed a dramatic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of $32M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Vapour Generating Boiler Parts in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.76.80.63.8-33.1%
India0.84.32.91.07.7%
Italy0.10.20.10.9108.0%
Belgium2.11.10.70.2-54.3%
United States0.20.1N/A0.1-20.6%
Thailand1.8N/A0.8N/A-33.3%
PolandN/A9.6N/AN/A0%
Others2.29.512.71.1-20.6%
Total19.931.617.87.1-29.1%

Top Suppliers of Vapour Generating Boiler Parts to Nigeria in 2022:

  1. China (2097.9 tons)
  2. India (304.7 tons)
  3. Italy (108.9 tons)
  4. United States (49.2 tons)
  5. Belgium (48.8 tons)

Exports of Vapour Generating Boiler Parts in Nigeria

In 2022, vapour generating boiler parts exports from Nigeria surged to 964 kg, jumping by 29% compared with the previous year. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 506% against the previous year. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vapour generating boiler parts exports contracted slightly to $8.8K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 302%.

Export of Vapour Generating Boiler Parts in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire2.28.78.88.858.7%
OthersN/AN/AN/AN/A0%
Total2.28.78.88.858.7%

Top Export Markets for Vapour Generating Boiler Parts from Nigeria in 2022:

  1. Cote d'Ivoire (964.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vapour generating boiler parts 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 25301330 - Parts of vapour generating boilers and super-heater water boilers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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