Snow-Ski Equipment Price in Nigeria - 2021
Contents:
- Snow-Ski Equipment Price in Nigeria (CIF) - 2022
- Snow-Ski Equipment Price in Nigeria (FOB) - 2022
- Snow-Ski Equipment Imports in Nigeria
- Snow-Ski Equipment Exports in Nigeria
Snow-Ski Equipment Price in Nigeria (CIF) - 2022
The average snow-ski equipment import price stood at $5.1 per unit in 2022, with a decrease of -15.3% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30%. The import price peaked at $37 per unit in 2012; however, from 2013 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 South Africa ($24 per unit), while the price for Lebanon ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+47.4%), while the prices for the other major suppliers experienced a decline.
Snow-Ski Equipment Price in Nigeria (FOB) - 2022
In 2022, the average snow-ski equipment export price amounted to $5.3 per unit, with a decrease of -4.4% against the previous year. Over the period under review, the export price saw a slight setback. The growth pace was the most rapid in 2015 an increase of 42%. As a result, the export price attained the peak level of $14 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($16 per unit), while the average price for exports to Niger ($1.7 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 (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Snow-Ski Equipment Imports in Nigeria
In 2022, after two years of decline, there was significant growth in overseas purchases of snow-ski equipment, when their volume increased by 101% to 3.1K units. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at 6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, snow-ski equipment imports skyrocketed to $16K in 2022. Over the period under review, imports, however, faced a dramatic descent. Imports peaked at $64K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Snow-Ski Equipment in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 26.9 | 11.2 | 3.4 | 3.2 | -50.8% |
| China | 16.5 | 2.3 | 1.8 | 3.0 | -43.3% |
| South Africa | 1.7 | 0.7 | 0.9 | 2.5 | 13.7% |
| Lebanon | 5.2 | 1.6 | 0.2 | 1.8 | -29.8% |
| India | 0.3 | N/A | 0.7 | 1.2 | 58.7% |
| United States | 2.3 | 1.0 | 0.2 | 0.6 | -36.1% |
| Germany | 1.3 | 0.7 | 0.3 | 0.4 | -32.5% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 10.2 | 4.7 | 1.7 | 3.0 | -33.5% |
| Total | 64.3 | 22.2 | 9.2 | 15.7 | -37.5% |
Top Suppliers of Snow-Ski Equipment to Nigeria in 2022:
- China (1146.0 units)
- Lebanon (902.0 units)
- India (437.0 units)
- United Kingdom (159.0 units)
- South Africa (105.0 units)
- United States (100.0 units)
- Germany (100.0 units)
Snow-Ski Equipment Exports in Nigeria
In 2022, approx. 96 units of snow-ski equipment were exported from Nigeria; dropping by -17.9% compared with 2021 figures. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. Over the period under review, the exports hit record highs at 358 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, snow-ski equipment exports declined sharply to $508 in 2022. Overall, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 75%. The exports peaked at $1.6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Snow-Ski Equipment in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 847 | 291 | 407 | 376 | -23.7% |
| Cote d'Ivoire | 366 | 22.0 | 123 | 100 | -35.1% |
| Niger | 70.0 | 20.0 | 26.0 | 23.0 | -31.0% |
| Guatemala | N/A | N/A | 5.0 | N/A | 0% |
| Ghana | 238 | N/A | N/A | N/A | 0% |
| Others | 95.0 | 37.0 | 85.0 | 9.0 | -54.4% |
| Total | 1,616 | 370 | 646 | 508 | -32.0% |
Top Export Markets for Snow-Ski Equipment from Nigeria in 2022:
- Tanzania (75.0 units)
- Niger (14.0 units)
- Cote d'Ivoire (6.0 units)
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