Nigeria - Transmission Apparatus Incorporating Reception Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTransmission Apparatus Price in Nigeria - 2022
Contents:
- Transmission Apparatus Price in Nigeria (CIF) - 2022
- Transmission Apparatus Price in Nigeria (FOB) - 2022
- Transmission Apparatus Imports in Nigeria
- Transmission Apparatus Exports in Nigeria
Transmission Apparatus Price in Nigeria (CIF) - 2022
The average transmission apparatus import price stood at $440 per unit in 2022, picking up by 388% against the previous year. Overall, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($665 per unit), while the price for Germany ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Transmission Apparatus Price in Nigeria (FOB) - 2022
The average transmission apparatus export price stood at $977 per unit in 2022, with an increase of 15% against the previous year. In general, the export price saw a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 105%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,280 per unit), while the average price for exports to Ghana ($586 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Transmission Apparatus Imports in Nigeria
Transmission apparatus imports into Nigeria soared to 1.2M units in 2022, increasing by 269% on the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, transmission apparatus imports skyrocketed to $514M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Transmission Apparatus in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 3.1 | 1.3 | 0.1 | 458 | 428.6% |
United States | 5.4 | 2.9 | 2.3 | 15.9 | 43.3% |
China | 11.3 | 22.5 | 3.5 | 12.4 | 3.1% |
Ireland | 0.1 | 0.1 | 8.8 | 9.1 | 349.8% |
United Arab Emirates | 7.5 | 3.2 | 0.6 | 3.7 | -21.0% |
Germany | 0.1 | 6.8 | 0.4 | 0.7 | 91.3% |
Spain | 2.5 | 1.7 | 1.6 | 0.6 | -37.9% |
Others | 7.6 | 7.1 | 11.2 | 13.6 | 21.4% |
Total | 37.6 | 45.6 | 28.6 | 514 | 139.1% |
Top Suppliers of Transmission Apparatus to Nigeria in 2022:
- Hong Kong SAR (688.7K units)
- China (211.0K units)
- Ireland (109.1K units)
- United States (47.2K units)
- Germany (27.2K units)
- Spain (20.2K units)
- United Arab Emirates (9.2K units)
Transmission Apparatus Exports in Nigeria
In 2022, shipments abroad of transmission apparatus incorporating reception apparatus decreased by -29.5% to 1.2K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 4.7% against the previous year. The exports peaked at 1.7K units in 2021, and then reduced dramatically in the following year.
In value terms, transmission apparatus exports shrank dramatically to $1.2M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports attained the peak of $1.5M, and then reduced dramatically in the following year.
Export of Transmission Apparatus in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 18.8 | 15.6 | 213 | 280 | 146.0% |
Hong Kong SAR | 294 | 135 | 242 | 210 | -10.6% |
United States | 22.6 | 41.1 | 227 | 206 | 108.9% |
United Kingdom | 4.7 | 371 | 291 | 175 | 233.9% |
Cote d'Ivoire | 77.5 | 207 | 174 | 84.7 | 3.0% |
Ghana | 25.1 | 35.7 | 49.4 | 51.0 | 26.7% |
Ireland | 189 | 4.2 | 56.9 | 38.2 | -41.3% |
Hungary | 97.2 | 1.2 | 1.2 | 13.9 | -47.7% |
Burundi | N/A | 82.7 | N/A | N/A | 0% |
Others | 143 | 222 | 207 | 122 | -5.2% |
Total | 872 | 1,115 | 1,461 | 1,180 | 10.6% |
Top Export Markets for Transmission Apparatus from Nigeria in 2022:
- Netherlands (364.0 units)
- United Kingdom (229.0 units)
- Cote d'Ivoire (113.0 units)
- United States (93.0 units)
- Hong Kong SAR (92.0 units)
- Ghana (87.0 units)
- Ireland (47.0 units)
- Hungary (10.0 units)
This report provides an in-depth analysis of the transmission apparatus 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 26301100 - Transmission apparatus for radio-broadcasting and television, w ith reception apparatus
- Prodcom 26302200 - Telephones for cellular networks or for other wireless networks
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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