Latest Report Update: Jan 15, 2020

Nigeria - Electric Hand-Drying Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Nigeria: Electric Hand-Dryer Market Overview 2020

Electric Hand-Dryer Market Size in Nigeria

The revenue of the electric hand-dryer market in Nigeria amounted to $X in 2018, 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). Overall, electric hand-dryer consumption continues to indicate a slight expansion. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Over the period under review, the electric hand-dryer market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Electric Hand-Dryer Exports

Exports from Nigeria

In 2018, the exports of electric hand-drying apparatus from Nigeria amounted to X units, coming down by -X% against the previous year. Overall, electric hand-dryer exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. In that year, electric hand-dryer exports reached their peak of X units. From 2011 to 2018, the growth of electric hand-dryer exports failed to regain its momentum.

In value terms, electric hand-dryer exports totaled $X in 2018. Overall, electric hand-dryer exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. In that year, electric hand-dryer exports reached their peak of $X. From 2011 to 2018, the growth of electric hand-dryer exports failed to regain its momentum.

Exports by Country

Ghana (X units), Rwanda (X units) and South Africa (X units) were the main destinations of electric hand-dryer exports from Nigeria, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Rwanda, while exports for the other leaders experienced a decline.

In value terms, Rwanda ($X) remains the key foreign market for electric hand-dryer exports from Nigeria, comprising X% of total electric hand-dryer exports. The second position in the ranking was occupied by Ghana ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Rwanda totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (-X% per year) and South Africa (-X% per year).

Export Prices by Country

The average electric hand-dryer export price stood at $X per unit in 2018, dropping by -X% against the previous year. Overall, the electric hand-dryer export price continues to indicate a dramatic decrease. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for electric hand-drying apparatus reached their maximum at $X per unit in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Rwanda ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda, while the prices for the other major destinations experienced a decline.

Electric Hand-Dryer Imports

Imports into Nigeria

In 2018, the amount of electric hand-drying apparatus imported into Nigeria totaled X units, growing by X% against the previous year. Over the period under review, electric hand-dryer imports continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X units in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, electric hand-dryer imports totaled $X in 2018. Over the period under review, electric hand-dryer imports continue to indicate a moderate reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, electric hand-dryer imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), China (X units) and the UK (X units) were the main suppliers of electric hand-dryer imports to Nigeria, with a combined X% share of total imports. These countries were followed by Lebanon, Germany and Spain, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Lebanon, while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of electric hand-dryer to Nigeria, comprising X% of total electric hand-dryer imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the average electric hand-dryer import price amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the electric hand-dryer import price continues to indicate a deep decline. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for electric hand-drying apparatus reached their maximum at $X per unit in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512350 - Electric hand-drying apparatus

This report provides an in-depth analysis of the electric hand-dryer 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 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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