Nigeria - Combined Reel Slitting And Re-Reeling Cutting Machines For Paper And Paperboard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingReel Cutting Slitter Price in Nigeria - 2022
Contents:
- Reel Cutting Slitter Price in Nigeria (CIF) - 2022
- Reel Cutting Slitter Price in Nigeria (FOB) - 2022
- Reel Cutting Slitter Imports in Nigeria
- Reel Cutting Slitter Exports in Nigeria
Reel Cutting Slitter Price in Nigeria (CIF) - 2022
In 2022, the average reel cutting slitter import price amounted to $1,516 per unit, with an increase of 30% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 134% against the previous year. Over the period under review, average import prices attained the maximum at $10,832 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($9,307 per unit), while the price for the UK ($595 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.8%), while the prices for the other major suppliers experienced a decline.
Reel Cutting Slitter Price in Nigeria (FOB) - 2022
The average reel cutting slitter export price stood at $960 per unit in 2022, rising by 99% against the previous year. In general, the export price, however, recorded a sharp contraction. The pace of growth was the most pronounced in 2014 an increase of 719%. Over the period under review, the average export prices reached the maximum at $15,359 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($1,038 per unit), while the average price for exports to Italy stood at $807 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-0.8%), while the prices for the other major destinations experienced a decline.
Reel Cutting Slitter Imports in Nigeria
For the third year in a row, Nigeria recorded decline in overseas purchases of combined reel slitting and re-reeling cutting machines for paper and paperboard, which decreased by -33.4% to 18K units in 2022. Overall, imports saw a dramatic decrease. The smallest decline of -2.7% was in 2020. Over the period under review, imports reached the maximum at 182K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, reel cutting slitter imports declined to $27M in 2022. In general, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of $137M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Reel Cutting Slitter in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.3 | 119 | 22.3 | 17.9 | -41.5% |
| Spain | 9.4 | 5.4 | 2.5 | 3.8 | -26.1% |
| United Arab Emirates | 0.1 | 0.2 | 0.2 | 1.4 | 141.0% |
| Turkey | 2.0 | 2.0 | 0.1 | 0.9 | -23.4% |
| United Kingdom | 3.8 | 0.7 | 0.5 | 0.4 | -52.8% |
| Others | 13.6 | 10.0 | 5.8 | 2.9 | -40.3% |
| Total | 118 | 137 | 31.4 | 27.3 | -38.6% |
Top Suppliers of Reel Cutting Slitter to Nigeria in 2022:
- China (14.7K units)
- United Arab Emirates (0.7K units)
- United Kingdom (0.6K units)
- Turkey (0.5K units)
- Spain (0.4K units)
Reel Cutting Slitter Exports in Nigeria
After three years of growth, overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -50% to 4 units in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports attained the peak figure at 8 units in 2021, and then shrank sharply in the following year.
In value terms, reel cutting slitter exports shrank to $3.4K in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of $3.7K, and then dropped in the following year.
| Export of Reel Cutting Slitter in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.6 | 2.6 | 3.2 | 2.1 | 9.5% |
| Ghana | 0.4 | 0.6 | 0.6 | 0.3 | -9.1% |
| United Kingdom | 0.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 1.1 | 0% |
| Total | 2.7 | 3.2 | 3.7 | 3.4 | 8.0% |
Top Export Markets for Reel Cutting Slitter from Nigeria in 2022:
- Italy (3.0 units)
This report provides an in-depth analysis of the reel cutting slitter 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 28951133 - Combined reel slitting and re-reeling cutting machines for paper and paperboard (excluding film cutting machines and apparatus)
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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