Nigeria - Printing Presses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrinting Press Price in Nigeria - 2022
Contents:
- Printing Press Price in Nigeria (CIF) - 2022
- Printing Press Price in Nigeria (FOB) - 2022
- Printing Press Imports in Nigeria
- Printing Press Exports in Nigeria
Printing Press Price in Nigeria (CIF) - 2022
The average printing press import price stood at $6,758 per unit in 2022, dropping by -43.2% against the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 668% against the previous year. Over the period under review, average import prices attained the peak figure at $12,100 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,844 per unit), while the price for Japan ($1,584 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.0%), while the prices for the other major suppliers experienced a decline.
Printing Press Price in Nigeria (FOB) - 2022
The average printing press export price stood at $1,035 per unit in 2022, shrinking by -66.7% against the previous year. Overall, the export price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 262%. The export price peaked at $4,749 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($1,359 per unit), while the average price for exports to Niger ($531 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 Niger (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.
Printing Press Imports in Nigeria
In 2022, after two years of decline, there was significant growth in overseas purchases of printing presses, when their volume increased by 56% to 5.2K units. In general, imports, however, saw a deep reduction. Imports peaked at 8.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, printing press imports dropped to $35M in 2022. Overall, imports, however, saw a precipitous slump. Over the period under review, imports hit record highs at $83M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Printing Press in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.2 | 12.1 | 9.6 | 9.8 | -11.6% |
Germany | 25.0 | 5.2 | 4.5 | 5.5 | -39.6% |
Antigua and Barbuda | 5.0 | 5.7 | 3.6 | 5.1 | 0.7% |
Italy | 4.4 | 6.3 | 2.4 | 2.5 | -17.2% |
Taiwan (Chinese) | 2.0 | 1.0 | 1.9 | 1.8 | -3.5% |
France | 1.5 | 1.5 | 1.2 | 1.6 | 2.2% |
United States | 1.0 | 1.0 | 0.7 | 0.9 | -3.5% |
Japan | 1.7 | 1.5 | 1.0 | 0.5 | -33.5% |
Netherlands | 0.7 | 0.4 | 0.3 | 0.2 | -34.1% |
Greece | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
United Kingdom | 3.9 | 1.4 | 0.1 | 0.1 | -70.5% |
Jordan | 0.1 | N/A | N/A | N/A | 0% |
Others | 23.3 | 17.5 | 14.0 | 6.9 | -33.3% |
Total | 83.0 | 53.7 | 39.4 | 35.0 | -25.0% |
Top Suppliers of Printing Press to Nigeria in 2022:
- Germany (1467.0 units)
- China (1148.0 units)
- Antigua and Barbuda (1112.0 units)
- Japan (336.0 units)
- Taiwan (Chinese) (158.0 units)
- France (158.0 units)
- Greece (101.0 units)
- Italy (95.0 units)
- Netherlands (78.0 units)
- United States (72.0 units)
- United Kingdom (25.0 units)
Printing Press Exports in Nigeria
For the fourth year in a row, Nigeria recorded growth in shipments abroad of printing presses, which increased by 96% to 417 units in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, printing press exports shrank sharply to $432K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 246% against the previous year. As a result, the exports reached the peak of $662K, and then fell markedly in the following year.
Export of Printing Press in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 38.9 | 139 | 159 | 360 | 110.0% |
Ghana | 4.5 | 12.9 | 9.9 | 19.2 | 62.2% |
Benin | 5.3 | 11.3 | 7.5 | 10.9 | 27.2% |
Niger | 3.3 | 3.7 | 7.0 | 9.0 | 39.7% |
South Africa | 5.8 | 0.1 | 450 | N/A | 780.8% |
Others | 13.7 | 24.9 | 28.9 | 32.2 | 33.0% |
Total | 71.6 | 191 | 662 | 432 | 82.0% |
Top Export Markets for Printing Press from Nigeria in 2022:
- Hong Kong SAR (370.0 units)
- Niger (17.0 units)
- Benin (8.0 units)
- Ghana (6.0 units)
- South Africa (1.0 units)
This report provides an in-depth analysis of the printing press market 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 28232200 - Sheet fed office type offset printing machinery, for sheet size. .22 x .36 cm
- Prodcom 28941530 - Printing machinery for printing textile materials (excluding offset, flexographic, letterpress and gravure printing machinery)
- Prodcom 28991330 - Reel fed offset printing machinery
- Prodcom 28991390 - Other offset printing machinery
- Prodcom 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)
- Prodcom 28991430 - Flexographic printing machinery
- Prodcom 28991450 - Gravure printing machinery
- Prodcom 28991490 - Other printing machinery, excluding those of the office type, n .e.c.
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
This report provides an in-depth analysis of the printing press market in Nigeria.
This report provides an in-depth analysis of the market for reel fed offset printing machinery in Nigeria.
This report provides an in-depth analysis of the market for reel fed letterpress printing machinery in Nigeria.
This report provides an in-depth analysis of the textiles printing machinery market in Nigeria.
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This report provides an in-depth analysis of the photo-copying apparatus market in Nigeria.
This report provides an in-depth analysis of the multitask printer market in Nigeria.
This report provides an in-depth analysis of the gravure printing machinery market in Nigeria.
This report provides an in-depth analysis of the flexographic printing machinery market in Nigeria.
This report provides an in-depth analysis of the facsimile machine market in Nigeria.
Explore the top import markets for printing press equipment in 2023, including key statistics and trends. Discover the leading countries driving the demand for high-quality printed materials.
Explore the top import markets for printers and copying machines worldwide. Discover key statistics and import values for countries like the United States, Netherlands, Germany, China, and more.
Discover the top import markets for multitask printers based on import value data from 2023. Learn about the leading countries and their demand for these versatile devices.
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