Nigeria - Electronic Calculators And Pocket-Size Data Recording, Reproducing And Displaying Machines With Calculating Functions - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCalculator Price in Nigeria - 2022
Contents:
- Calculator Price in Nigeria (CIF) - 2022
- Calculator Price in Nigeria (FOB) - 2022
- Calculator Imports in Nigeria
- Calculator Exports in Nigeria
Calculator Price in Nigeria (CIF) - 2022
In 2022, the average calculator import price amounted to $23 per unit, growing by 19% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 55%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42 per unit), while the price for the Netherlands ($10 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 (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Calculator Price in Nigeria (FOB) - 2022
The average calculator export price stood at $7.9 per unit in 2022, waning by -39.4% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 206%. The export price peaked at $26 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($15 per unit), while the average price for exports to Ghana ($1.8 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 Tanzania (+63.4%), while the prices for the other major destinations experienced more modest paces of growth.
Calculator Imports in Nigeria
In 2022, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions was finally on the rise to reach 193K units after two years of decline. Overall, imports, however, showed a noticeable setback. Imports peaked at 208K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, calculator imports soared to $4.4M in 2022. In general, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Calculator in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,527 | 2,033 | 594 | 2,330 | 15.1% |
United States | 710 | 763 | 197 | 711 | 0.0% |
Hong Kong SAR | 565 | 776 | 237 | 372 | -13.0% |
Belgium | 83.5 | 87.2 | 34.1 | 194 | 32.4% |
United Arab Emirates | 31.1 | 39.8 | 46.4 | 120 | 56.8% |
South Africa | 42.6 | 130 | 37.1 | 80.1 | 23.4% |
South Korea | 57.0 | 69.0 | 75.1 | 57.3 | 0.2% |
Germany | 109 | 58.8 | 11.7 | 41.2 | -27.7% |
Netherlands | 22.2 | 12.5 | 6.6 | 33.6 | 14.8% |
Italy | 41.2 | 16.1 | 11.1 | 16.3 | -26.6% |
Others | 133 | 332 | 194 | 475 | 52.9% |
Total | 3,321 | 4,317 | 1,443 | 4,430 | 10.1% |
Top Suppliers of Calculator to Nigeria in 2022:
- China (122.9K units)
- United States (17.0K units)
- Hong Kong SAR (14.1K units)
- Belgium (6.8K units)
- South Africa (6.0K units)
- United Arab Emirates (4.3K units)
- Netherlands (3.3K units)
- South Korea (2.5K units)
- Germany (1.4K units)
- Italy (0.4K units)
Calculator Exports in Nigeria
For the third consecutive year, Nigeria recorded decline in overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, which decreased by -21.6% to 211 units in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of -2.2% was in 2021. Over the period under review, the exports hit record highs at 433 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, calculator exports shrank rapidly to $1.7K in 2022. In general, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. Over the period under review, the exports attained the maximum at $4.2K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Calculator in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 514 | 799 | 326 | 745 | 13.2% |
Benin | 526 | 1.0 | 191 | 384 | -10.0% |
Niger | 514 | 868 | 261 | 218 | -24.9% |
Netherlands | 64.0 | 62.0 | 36.0 | 81.0 | 8.2% |
Ghana | 129 | 98.0 | 44.0 | 73.0 | -17.3% |
Gambia | 43.0 | 35.0 | 17.0 | 31.0 | -10.3% |
South Africa | 40.0 | 15.0 | 9.0 | 19.0 | -22.0% |
Zambia | N/A | 175 | 2,208 | N/A | 1161.7% |
Others | 2,367 | 23.0 | 410 | 114 | -63.6% |
Total | 4,197 | 2,076 | 3,502 | 1,665 | -26.5% |
Top Export Markets for Calculator from Nigeria in 2022:
- Benin (70.0 units)
- Cote d'Ivoire (50.0 units)
- Ghana (40.0 units)
- Niger (23.0 units)
- Netherlands (6.0 units)
- Gambia (5.0 units)
- South Africa (4.0 units)
This report provides an in-depth analysis of the calculator 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 28231200 - Electronic calculators and pocket-size data recording, r eproducing and displaying machines with calculating functions
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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