Report Update Apr 1, 2024

Nigeria - Pumps for Liquids and Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Pump For Liquid Market 2024

Pump For Liquid Market Size in Nigeria

The Nigerien pump for liquid market contracted to $X in 2022, reducing 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). In general, consumption, however, posted a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Pump For Liquid Exports

Exports from Nigeria

In 2022, after two years of growth, there was significant decline in overseas shipments of pumps for liquids and liquid elevators, when their volume decreased by X% to X units. Overall, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pump for liquid exports skyrocketed to $X in 2022. In general, exports showed a sharp curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for pump for liquid exports from Nigeria, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%.

In value terms, the Netherlands ($X) emerged as the key foreign market for pumps for liquids and liquid elevators exports from Nigeria.

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

Export Prices by Country

The average pump for liquid export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Pump For Liquid Imports

Imports into Nigeria

In 2022, approx. X units of pumps for liquids and liquid elevators were imported into Nigeria; with a decrease of X% compared with the previous year's figure. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then declined in the following year.

In value terms, pump for liquid imports reached $X in 2022. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest pump for liquid supplier to Nigeria, accounting for a X% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, India (X units), eightfold. The United States (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 totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of pumps for liquids and liquid elevators to Nigeria, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average pump for liquid import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, saw a mild descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pumps for liquids and liquid elevators in the world?

The countries with the highest volumes of consumption in 2023 were China, Latvia and the United States, together accounting for 69% of global consumption.

What are the largest producers of pumps for liquids and liquid elevators in the world?

The countries with the highest volumes of production in 2022 were China, Latvia and Mexico, with a combined 78% share of global production.

What are the leading suppliers of pumps for liquids and liquid elevators to Nigeria?

In value terms, China constituted the largest supplier of pumps for liquids and liquid elevators to Nigeria, comprising 80% of total imports. The second position in the ranking was taken by India, with a 3.6% share of total imports. It was followed by the United States, with a 3.2% share.

What are the leading importers of pumps for liquids and liquid elevators from Nigeria?

In value terms, the Netherlands emerged as the key foreign market for pumps for liquids and liquid elevators exports from Nigeria.

What is the average export price for pumps for liquids and liquid elevators in Nigeria?

In 2022, the average pump for liquid export price amounted to $1,131 per unit, increasing by 91% against the previous year.

What is the average import price for pumps for liquids and liquid elevators in Nigeria?

In 2022, the average pump for liquid import price amounted to $216 per unit, increasing by 9.7% against the previous year.

This report provides an in-depth analysis of the pump for liquid 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 28121320 - Hydraulic pumps (radial piston)
Prodcom 28121350 - Hydraulic pumps (gear)
Prodcom 28121380 - Hydraulic pumps (vane)
Prodcom 28121530 - Hydraulic pumps (axial piston)
Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
Prodcom 28131105 - Petrol and oil dispensing pumps, unit
Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
Prodcom 28131145 - Positive displacement pumps, hand pumps
Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
Prodcom 28131185 - Concrete pumps
Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
Prodcom 28131250 - In-line reciprocating piston pumps
Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
Prodcom 28131320 - Positive displacement pumps, rotary, gear
Prodcom 28131340 - Positive displacement pumps, rotary, vane
Prodcom 28131360 - Positive displacement pumps, rotary, screw
Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
Prodcom 28131480 - Other liquid pumps, liquid elevators

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023