Nigeria: Desktop Computer Market 2022

Desktop Computer Market Size in Nigeria

In 2021, the Nigerien desktop computer market decreased by -56.5% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption showed a abrupt decrease. Desktop computer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Desktop Computer Exports

Exports from Nigeria

In 2021, the amount of desktop computers exported from Nigeria skyrocketed to X units, picking up by 60% on the year before. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 311% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, desktop computer exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 76%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Congo (X units) was the main destination for desktop computer exports from Nigeria, with a 76% share of total exports. Moreover, desktop computer exports to Congo exceeded the volume sent to the second major destination, Benin (X units), sixfold. The third position in this ranking was held by the Netherlands (X units), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to Congo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (+116.9% per year) and the Netherlands (-8.5% per year).

In value terms, the Netherlands ($X), Benin ($X) and Congo ($X) constituted the largest markets for desktop computer exported from Nigeria worldwide, with a combined 27% share of total exports.

Benin, with a CAGR of +138.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average desktop computer export price stood at $X per unit in 2021, declining by -24.6% against the previous year. Overall, the export price showed a dramatic contraction. The pace of growth appeared the most rapid in 2017 an increase of 375% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+237.6%), while the prices for the other major destinations experienced a decline.

Desktop Computer Imports

Imports into Nigeria

In 2021, purchases abroad of desktop computers decreased by -64.1% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 152%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, desktop computer imports contracted notably to $X in 2021. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 176% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest desktop computer supplier to Nigeria, with a 41% share of total imports. Moreover, desktop computer imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. The third position in this ranking was held by Poland (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+24.4% per year) and Poland (+52.1% per year).

In value terms, India ($X), China ($X) and Poland ($X) appeared to be the largest desktop computer suppliers to Nigeria, together comprising 66% of total imports.

Among the main suppliers, Poland, with a CAGR of +75.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average desktop computer import price stood at $X per unit in 2021, rising by 53% against the previous year. Overall, the import price enjoyed a moderate increase. The growth pace was the most rapid in 2016 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :