Nigeria - Folding Machines For Books - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBook Folding Machine Price in Nigeria - 2022
Contents:
- Book Folding Machine Price in Nigeria (CIF) - 2022
- Book Folding Machine Price in Nigeria (FOB) - 2022
- Book Folding Machine Imports in Nigeria
- Book Folding Machine Exports in Nigeria
Book Folding Machine Price in Nigeria (CIF) - 2022
In 2022, the average book folding machine import price amounted to $105 per unit, falling by -24.9% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $408 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.3% per year.
Book Folding Machine Price in Nigeria (FOB) - 2022
The average book folding machine export price stood at $307 per unit in 2022, picking up by 2% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book folding machine export price increased by +153.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 149%. Over the period under review, the average export prices attained the maximum at $373 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($8,626 per unit), while the average price for exports to Germany ($38 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 Ghana (+40.0%), while the prices for the other major destinations experienced mixed trend patterns.
Book Folding Machine Imports in Nigeria
In 2022, the amount of folding machines for books imported into Nigeria soared to 643K units, increasing by 32% compared with 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year. As a result, imports reached the peak of 803K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, book folding machine imports contracted slightly to $67M in 2022. Overall, imports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 79%. As a result, imports attained the peak of $109M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Book Folding Machine in Nigeria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 51.7 | 98.6 | 65.4 | 64.4 | 7.6% |
Others | 9.4 | 10.7 | 2.8 | 2.9 | -32.4% |
Total | 61.1 | 109 | 68.2 | 67.4 | 3.3% |
Top Suppliers of Book Folding Machine to Nigeria in 2022:
- China (630.3K units)
Book Folding Machine Exports in Nigeria
In 2022, approx. 19 units of folding machines for books were exported from Nigeria; with an increase of 217% on 2021. In general, exports, however, recorded a drastic downturn. Over the period under review, the exports reached the maximum at 80 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, book folding machine exports surged to $5.7K in 2022. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports attained the peak figure at $11K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Book Folding Machine in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 5.0 | 4.0 | 1.3 | 4.6 | -2.7% |
Germany | 0.4 | 3.3 | 0.1 | 0.4 | 0.0% |
Gambia | 0.1 | 1.7 | 0.1 | 0.3 | 44.2% |
Others | 5.1 | 0.7 | 0.1 | 0.4 | -57.2% |
Total | 10.6 | 9.7 | 1.7 | 5.7 | -18.7% |
Top Export Markets for Book Folding Machine from Nigeria in 2022:
- Germany (10.0 units)
- United Kingdom (7.0 units)
This report provides an in-depth analysis of the book folding 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.
Product coverage:
- Prodcom 28991110 - Folding machines for books
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
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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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