
Nigeria - Splitting, Slicing or Paring Machines - Market Analysis, Forecast, Size, Trends and Insights
Nigeria: Wood Slicing Machine Market 2022
Wood Slicing Machine Market Size in Nigeria
In 2021, the Nigerien wood slicing machine market decreased by -70.6% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. Wood slicing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Wood Slicing Machine Exports
Exports from Nigeria
In 2021, exports of splitting, slicing or paring machines from Nigeria stood at less than X units, approximately mirroring the previous year. In general, exports saw a relatively flat trend pattern.
In value terms, wood slicing machine exports amounted to less than $X in 2021. Over the period under review, exports recorded a dramatic descent. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Wood Slicing Machine Imports
Imports into Nigeria
In 2021, supplies from abroad of splitting, slicing or paring machines decreased by -76.6% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2017 when imports increased by 283%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
In value terms, wood slicing machine imports shrank remarkably to $X in 2021. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 175%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) was the main wood slicing machine supplier to Nigeria, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +10.5%.
In value terms, China ($X) constituted the largest supplier of wood slicing machine to Nigeria.
From 2012 to 2021, the average annual growth rate of value from China amounted to +7.2%.
Import Prices by Country
The average wood slicing machine import price stood at $X per unit in 2021, jumping by 75% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.0% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood slicing machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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