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Store → Non sorted Root → Non sorted → Agricultural and Horticultural Appliances for Projecting or Dispersing Liquids or Powders
Report Nigeria - Agricultural Appliances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Oct 1, 2023

Nigeria - Agricultural Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Agricultural Appliance Market 2023

Agricultural Appliance Market Size in Nigeria

In 2021, the Nigerien agricultural appliance market decreased by -92.3% to $X, falling for the second year in a row after four years of growth. In general, consumption recorded a abrupt descent. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Agricultural Appliance Exports

Exports from Nigeria

In 2021, shipments abroad of agricultural appliances decreased by 0% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 487% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, agricultural appliance exports amounted to $X in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 198% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X units) was the main destination for agricultural appliance exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

In 2021, the average agricultural appliance export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 39%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to -6.7% per year.

Agricultural Appliance Imports

Imports into Nigeria

In 2021, purchases abroad of agricultural appliances decreased by -92.1% to X units, falling for the second year in a row after four years of growth. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 183%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, agricultural appliance imports shrank markedly to $X in 2021. Over the period under review, imports faced a abrupt slump. The pace of growth was the most pronounced in 2019 when imports increased by 87% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest agricultural appliance supplier to Nigeria, accounting for a 41% share of total imports. Moreover, agricultural appliance imports from China exceeded the figures recorded by the second-largest supplier, Israel (X units), twofold. South Africa (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+32.3% per year) and South Africa (+24.6% per year).

In value terms, China ($X), South Africa ($X) and Israel ($X) were the largest agricultural appliance suppliers to Nigeria, with a combined 82% share of total imports. These countries were followed by Japan, Spain, Italy and South Korea, which together accounted for a further 8.7%.

Japan, with a CAGR of +59.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average agricultural appliance import price stood at $X per unit in 2021, which is down by -2.3% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for agricultural appliances in the world?
+
The countries with the highest volumes of consumption in 2021 were the United States, China and Brazil, together comprising 25% of global consumption. Russia, Uzbekistan, Morocco, Algeria, Indonesia, Mexico, Zimbabwe, Italy, Iraq and France lagged somewhat behind, together accounting for a further 28%.
What are the largest producers of agricultural appliances in the world?
+
The countries with the highest volumes of production in 2021 were Turkey, China and Mexico, together accounting for 49% of global production.
What are the leading suppliers of agricultural appliances to Nigeria?
+
In value terms, China, South Africa and Israel appeared to be the largest agricultural appliance suppliers to Nigeria, with a combined 82% share of total imports. Japan, Spain, Italy and South Korea lagged somewhat behind, together comprising a further 8.7%.
What is the average export price for agricultural appliances in Nigeria?
+
The average agricultural appliance export price stood at $0.3 per unit in 2021, leveling off at the previous year.
What is the average import price for agricultural appliances in Nigeria?
+
The average agricultural appliance import price stood at $0.7 per unit in 2021, with a decrease of -2.3% against the previous year.

This report provides an in-depth analysis of the agricultural appliance 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 28306010 - Agricultural or horticultural watering appliances
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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