Nigeria - Video Monitors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVideo Monitor Price in Nigeria - 2022
Contents:
- Video Monitor Price in Nigeria (CIF) - 2022
- Video Monitor Price in Nigeria (FOB) - 2022
- Video Monitor Imports in Nigeria
- Video Monitor Exports in Nigeria
Video Monitor Price in Nigeria (CIF) - 2022
In 2022, the average video monitor import price amounted to $36 per unit, increasing by 8.1% against the previous year. Over the period under review, the import price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 20% against the previous year. The import price peaked at $46 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($88 per unit), while the price for Spain ($8.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Video Monitor Price in Nigeria (FOB) - 2022
The average video monitor export price stood at $84 per unit in 2022, falling by -33.5% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 290%. As a result, the export price attained the peak level of $384 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($605 per unit), while the average price for exports to Niger ($20 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 South Africa (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Video Monitor Imports in Nigeria
In 2022, supplies from abroad of video monitors was finally on the rise to reach 97K units after two years of decline. In general, imports, however, faced a sharp slump. Over the period under review, imports reached the maximum at 198K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, video monitor imports totaled $3.5M in 2022. Overall, imports, however, continue to indicate a sharp slump. Imports peaked at $8.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Video Monitor in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,385 | 1,049 | 461 | 713 | -19.9% |
United Arab Emirates | 2,110 | 1,479 | 330 | 676 | -31.6% |
Germany | 601 | 116 | 209 | 268 | -23.6% |
Czech Republic | 416 | 251 | 195 | 217 | -19.5% |
United States | 339 | 196 | 165 | 202 | -15.9% |
United Kingdom | 607 | 121 | 102 | 155 | -36.6% |
Netherlands | 674 | 172 | 57.9 | 150 | -39.4% |
France | 259 | 267 | 57.4 | 105 | -26.0% |
Hong Kong SAR | 188 | 209 | 57.5 | 92.1 | -21.2% |
Spain | 65.6 | 85.8 | 85.9 | 92.0 | 11.9% |
Italy | 45.5 | 102 | 27.9 | 36.4 | -7.2% |
South Korea | 86.5 | 15.8 | 22.0 | 27.4 | -31.8% |
Others | 1,688 | 1,396 | 1,303 | 718 | -24.8% |
Total | 8,465 | 5,459 | 3,073 | 3,452 | -25.8% |
Top Suppliers of Video Monitor to Nigeria in 2022:
- China (29.3K units)
- United Arab Emirates (15.6K units)
- Spain (11.0K units)
- Hong Kong SAR (9.1K units)
- United Kingdom (7.4K units)
- United States (4.0K units)
- Germany (3.2K units)
- Czech Republic (2.8K units)
- South Korea (2.3K units)
- France (1.8K units)
- Netherlands (1.7K units)
- Italy (1.7K units)
Video Monitor Exports in Nigeria
In 2022, the amount of video monitors exported from Nigeria shrank rapidly to 525 units, with a decrease of -62.6% on 2021. Overall, exports faced a precipitous setback. The smallest decline of -18.4% was in 2020. The exports peaked at 2.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, video monitor exports declined dramatically to $44K in 2022. Over the period under review, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. Over the period under review, the exports hit record highs at $345K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Video Monitor in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 64.8 | 26.3 | 31.4 | 15.1 | -38.5% |
Niger | 8.2 | 25.5 | 19.4 | 8.4 | 0.8% |
France | 0.3 | 17.1 | 90.1 | 5.7 | 166.8% |
Benin | 33.8 | 10.8 | 9.3 | 5.5 | -45.4% |
United Kingdom | 200 | 7.6 | 2.7 | 1.1 | -82.3% |
China | 0.6 | N/A | N/A | N/A | 0% |
Congo | 0.8 | N/A | N/A | N/A | 0% |
Ghana | 6.9 | N/A | N/A | N/A | 0% |
Others | 29.5 | 16.7 | 24.8 | 8.3 | -34.5% |
Total | 345 | 104 | 178 | 44.1 | -49.6% |
Top Export Markets for Video Monitor from Nigeria in 2022:
- Niger (418.0 units)
- Cote d'Ivoire (40.0 units)
- Benin (35.0 units)
- France (13.0 units)
- United Kingdom (2.0 units)
This report provides an in-depth analysis of the video monitor 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 26403420 - Video projectors
- Prodcom 26403440 - Colour video monitors with cathode-ray tube
- Prodcom 26403460 - Flat panel video monitor, LCD or plasma, etc., without tuner (colour video monitors) (excluding with cathode-ray tube)
- Prodcom 26403480 - Black and white or other monochrome video monitors
- Prodcom 26403400 -
- Prodcom 26201700 - Monitors and projectors, principally used in an automatic data processing system
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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In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
Despite a dip in exports in 2014, China continued to dominate in the global monitor trade. In 2014, China exported X thousand units of monitors totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., wher
In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
In 2016, approx. X tons of monitor were imported worldwide- flattening at the previous year level. In general, monitor imports continue to indicate a drastic downturn. The most prominent rate of ...
Despite a dip in exports in 2014, China continued to dominate in the global monitor trade. In 2014, China exported X thousand units of monitors totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., wher