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Nigeria - Air Or Vacuum Pumps And Air Or Other Gas Compressors - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Overview of the Market for Air Or Vacuum Pumps And Air Or Other Gas Compressors 2021

Market Size for Air Or Vacuum Pumps And Air Or Other Gas Compressors in Nigeria

In 2020, the Nigerien market for air or vacuum pumps and air or other gas compressors increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption recorded prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2015 to 2020, the growth of the market failed to regain the momentum.

Exports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Exports from Nigeria

Air pump and gas compressor exports from Nigeria declined notably to X units in 2020, dropping by -X% on 2019. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at X units in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, air pump and gas compressor exports contracted sharply to $X in 2020. Overall, exports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for air pump and gas compressor exports from Nigeria, accounting for a X% share of total exports. Moreover, air pump and gas compressor exports to Italy exceeded the volume sent to the second major destination, the U.S. (X units), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Italy totaled +X%.

In value terms, Italy ($X) remains the key foreign market for air pump and gas compressor exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy totaled +X%.

Export Prices by Country

The average export price for air or vacuum pumps and air or other gas compressors stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, the export price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Italy amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy.

Imports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Imports into Nigeria

In 2020, overseas purchases of air or vacuum pumps and air or other gas compressors increased by X% to X units, rising for the third year in a row after three years of decline. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. As a result, imports attained the peak of X units. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, air pump and gas compressor imports expanded rapidly to $X in 2020. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

The U.S. (X units), China (X units) and Germany (X units) were the main suppliers of air pump and gas compressor imports to Nigeria, with a combined X% share of total imports. These countries were followed by India, South Korea and Namibia, which together accounted for a further X 2007 to 2020, the biggest increases were in Namibia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest air pump and gas compressor suppliers to Nigeria were the U.S. ($X), China ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by India, South Korea and Namibia, which together accounted for a further X 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 import price for air or vacuum pumps and air or other gas compressors stood at $X per unit in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2019, and then dropped significantly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Namibia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for air or vacuum pumps and air or other gas compressors in the world?
+
China (148M units) remains the largest air pump and gas compressor consuming country worldwide, accounting for 24% of total volume. Moreover, air pump and gas compressor consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (69M units), twofold. Japan (39M units) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of air or vacuum pumps and air or other gas compressors in the world?
+
The country with the largest volume of air pump and gas compressor production was China (433M units), comprising approx. 73% of total volume. Moreover, air pump and gas compressor production in China exceeded the figures recorded by the second-largest producer, Taiwan (Chinese) (24M units), more than tenfold. The third position in this ranking was occupied by Brazil (18M units), with a 3% share.
What are the leading suppliers of air or vacuum pumps and air or other gas compressors to Nigeria?
+
In value terms, the largest air pump and gas compressor suppliers to Nigeria were the U.S. ($51M), China ($36M) and Germany ($10M), with a combined 76% share of total imports. India, South Korea and Namibia lagged somewhat behind, together accounting for a further 3.7%.
What are the leading importers of air or vacuum pumps and air or other gas compressors from Nigeria?
+
In value terms, Italy ($336K) remains the key foreign market for air pump and gas compressor exports from Nigeria, comprising 84% of total exports. The second position in the ranking was occupied by the U.S. ($58K), with a 14% share of total exports.
What is the average export price for air or vacuum pumps and air or other gas compressors in Nigeria?
+
In 2020, the average export price for air or vacuum pumps and air or other gas compressors amounted to $141 per unit, increasing by 12% against the previous year.
What is the average import price for air or vacuum pumps and air or other gas compressors in Nigeria?
+
In 2020, the average import price for air or vacuum pumps and air or other gas compressors amounted to $179 per unit, shrinking by -23.1% against the previous year.

Product coverage:
• Prodcom 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
• Prodcom 28132190 - Liquid ring
• Prodcom 28132200 - Hand or foot-operated air pumps
• Prodcom 28132300 - Compressors for refrigeration equipment
• Prodcom 28132400 - Air compressors mounted on a wheeled chassis for towing
• Prodcom 28132530 - Turbo-compressors, single stage
• Prodcom 28132550 - Turbo-compressors, multistage
• Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
• Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
• Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
• Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
• Prodcom 28132730 - Rotary displacement compressors, single-shaft
• Prodcom 28132753 - Multi-shaft screw compressors
• Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
• Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors

This report provides an in-depth analysis of the market for air pump and gas compressor 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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