Nigeria: Market for Cabinets And Cases For Transmission And Reception Apparatus 2024

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in Nigeria

The Nigerien receivers and transmitters case market reduced to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a sharp setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports from Nigeria

In 2022, approx. X units of cabinets and cases for transmission and reception apparatus were exported from Nigeria; falling by X% compared with the previous year's figure. Overall, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, receivers and transmitters case exports contracted notably to $X in 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

Benin (X units) was the main destination for receivers and transmitters case exports from Nigeria, accounting for a X% share of total exports. It was followed by Denmark (X units), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Benin stood at X%.

In value terms, Benin ($X) emerged as the key foreign market for cabinets and cases for transmission and reception apparatus exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Benin amounted to X%.

Export Prices by Country

In 2022, the average receivers and transmitters case export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Benin totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports into Nigeria

For the third consecutive year, Nigeria recorded decline in purchases abroad of cabinets and cases for transmission and reception apparatus, which decreased by X% to X units in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, receivers and transmitters case imports dropped sharply to $X in 2022. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest receivers and transmitters case supplier to Nigeria, accounting for a X% share of total imports. Moreover, receivers and transmitters case imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. South Africa (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Africa (X% per year).

In value terms, the largest receivers and transmitters case suppliers to Nigeria were South Africa ($X), China ($X) and Germany ($X), with a combined X% share of total imports. The United States, Sweden, the United Arab Emirates, the Netherlands, France and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average receivers and transmitters case import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 South Africa ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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