Vessels; Warships Price in Nigeria - 2022
Contents:
Vessels; Warships Price in Nigeria (CIF) - 2022
In February 2022, the average vessels; warships import price amounted to $76,122 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price faced a deep slump. As a result, import price reached the peak level of $182K per ton. From October 2021 to February 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From September 2021 to February 2022, the rate of growth in terms of prices for Spain amounted to -16.0% per month.
Vessels; Warships Imports in Nigeria
Vessels; warships imports into Nigeria fell to 60 tons in 2022, dropping by -3% on 2021 figures. In general, imports recorded a perceptible decline. The smallest decline of -1% was in 2021.
In value terms, vessels; warships imports contracted dramatically to $4.5M in 2022. Over the period under review, imports saw a significant curtailment. The smallest decline of -33.2% was in 2021.
| Import of Vessels; Warships in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Spain | N/A | 4.6 | 4.5 | -2.2% | |
| Singapore | 13.4 | N/A | N/A | 0% | |
| Others | N/A | 4.4 | N/A | 0% | |
| Total | 13.4 | 9.0 | 4.5 | -42.0% | |
Top Suppliers of Vessels; Warships to Nigeria in 2022:
- Spain (60.0 tons)
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