Nigeria: Typewriter Market 2023

Typewriter Market Size in Nigeria

For the third year in a row, the Nigerien typewriter market recorded growth in sales value, which increased by 301% to $X in 2021. Overall, consumption posted a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Typewriter Production in Nigeria

In value terms, typewriter production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of 25% against the previous year. Typewriter production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Typewriter Exports

Exports from Nigeria

In 2020, typewriter exports from Nigeria stood at X units, standing approx. at the previous year's figure. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2017. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

In value terms, typewriter exports amounted to $X in 2020. In general, exports continue to indicate a slight slump. The smallest decline of 99.9% was in 2017. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for typewriter exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

From 2012 to 2020, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.

Export Prices by Country

The average typewriter export price stood at $X per unit in 2020, remaining relatively unchanged against the previous year. In general, the export price saw a precipitous decrease. The pace of growth was the most pronounced in 2017 when the average export price decreased by 99.9%. The export price peaked at $X per unit in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Typewriter Imports

Imports into Nigeria

In 2021, the amount of typewriters and word-processing machines imported into Nigeria soared to X units, with an increase of 291% against 2020 figures. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when imports increased by 4,919%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, typewriter imports skyrocketed to $X in 2021. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2014 with an increase of 2,896% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) was the main typewriter supplier to Nigeria, with a 92% share of total imports. Moreover, typewriter imports from Italy exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +104.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+37.6% per year) and the United States (+30.0% per year).

In value terms, Italy ($X) constituted the largest supplier of typewriters and word-processing machines to Nigeria, comprising 75% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 6% share of total imports. It was followed by the United States, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +91.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+31.8% per year) and the United States (+23.3% per year).

Import Prices by Country

In 2021, the average typewriter import price amounted to $X per unit, falling by -29.3% against the previous year. In general, the import price recorded a dramatic setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :