Nigeria - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Window, Wall, or Split Air Conditioning System in Nigeria - 2022
Contents:
- Price for Window, Wall, or Split Air Conditioning System in Nigeria (CIF) - 2022
- Price for Window, Wall, or Split Air Conditioning System in Nigeria (FOB) - 2022
- Imports of Window, Wall, or Split Air Conditioning System in Nigeria
- Exports of Window, Wall, or Split Air Conditioning System in Nigeria
Price for Window, Wall, or Split Air Conditioning System in Nigeria (CIF) - 2022
In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $349 per unit, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 16%. The import price peaked at $425 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($349 per unit) and Malaysia ($349 per unit), while the price for India ($349 per unit) and South Korea ($349 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Window, Wall, or Split Air Conditioning System in Nigeria (FOB) - 2022
In 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $382 per unit, rising by 2.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 153% against the previous year. Over the period under review, the average export prices reached the maximum at $407 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($402 per unit) and Benin ($321 per unit), while the average price for exports to Austria ($310 per unit) and Niger ($312 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+86.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Window, Wall, or Split Air Conditioning System in Nigeria
In 2022, approx. 528K units of window or wall air conditioning systems, self-contained or split-systems were imported into Nigeria; growing by 14% compared with 2021 figures. In general, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports of attained the peak figure at 845K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of window or wall air conditioning systems, self-contained or split-systems expanded rapidly to $184M in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. Over the period under review, imports of attained the peak figure at $259M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Window, Wall, or Split Air Conditioning System in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 218 | 233 | 151 | 168 | -8.3% |
| South Korea | 2.4 | 5.6 | 0.9 | 5.6 | 32.6% |
| Malaysia | 4.1 | 7.7 | 3.8 | 4.6 | 3.9% |
| India | 4.1 | 4.4 | 2.5 | 3.0 | -9.9% |
| Others | 20.2 | 8.6 | 4.6 | 3.1 | -46.5% |
| Total | 249 | 259 | 163 | 184 | -9.6% |
Top Suppliers of Window, Wall, or Split Air Conditioning System to Nigeria in 2022:
- China (481.3K units)
- South Korea (16.0K units)
- Malaysia (13.2K units)
- India (8.6K units)
Exports of Window, Wall, or Split Air Conditioning System in Nigeria
Exports of window or wall air conditioning systems, self-contained or split-systems from Nigeria soared to 125 units in 2022, with an increase of 178% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. The exports peaked at 222 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of window or wall air conditioning systems, self-contained or split-systems surged to $48K in 2022. Over the period under review, exports, however, recorded a mild downturn. The exports peaked at $69K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Window, Wall, or Split Air Conditioning System in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 28.3 | 25.5 | 9.4 | 33.4 | 5.7% |
| South Africa | N/A | N/A | N/A | 2.8 | 0% |
| Niger | 2.8 | 11.4 | 3.6 | 1.6 | -17.0% |
| Austria | N/A | N/A | N/A | 1.2 | 0% |
| South Korea | N/A | 22.8 | N/A | N/A | 0% |
| United Kingdom | N/A | 6.6 | N/A | N/A | 0% |
| Ghana | 10.3 | N/A | N/A | N/A | 0% |
| Others | 8.2 | 2.5 | 3.7 | 8.8 | 2.4% |
| Total | 49.6 | 68.8 | 16.8 | 47.8 | -1.2% |
Top Export Markets for Window, Wall, or Split Air Conditioning System from Nigeria in 2022:
- Benin (104.0 units)
- South Africa (7.0 units)
- Niger (5.0 units)
- Austria (4.0 units)
This report provides an in-depth analysis of the market for window, wall, or split air conditioning system 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems
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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