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Nigeria - First-Aid Boxes And Kits - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFirst-Aid Kit Price in Nigeria - 2022
Contents:
- First-Aid Kit Price in Nigeria (CIF) - 2022
- First-Aid Kit Price in Nigeria (FOB) - 2022
- First-Aid Kit Imports in Nigeria
- First-Aid Kit Exports in Nigeria
First-Aid Kit Price in Nigeria (CIF) - 2022
In 2022, the average first-aid kit import price amounted to $15,124 per ton, rising by 69% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $20,297 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 the Netherlands ($29,994 per ton), while the price for Norway ($5,480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
First-Aid Kit Price in Nigeria (FOB) - 2022
In 2022, the average first-aid kit export price amounted to $3,913 per ton, with a decrease of -10.3% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 250%. Over the period under review, the average export prices attained the peak figure at $92,621 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 the Netherlands ($18,000 per ton), while the average price for exports to Ghana ($3,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+161.1%), while the prices for the other major destinations experienced a decline.
First-Aid Kit Imports in Nigeria
First-aid kit imports into Nigeria soared to 445 tons in 2022, growing by 144% compared with the previous year's figure. In general, imports showed a buoyant increase.
In value terms, first-aid kit imports soared to $6.7M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of First-Aid Kit in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 746 | 2,633 | 1,132 | 1,615 | 29.4% |
Netherlands | 130 | 336 | 138 | 1,377 | 119.6% |
France | 74.4 | 174 | 69.3 | 872 | 127.2% |
Denmark | 14.3 | 41.3 | 30.1 | 355 | 191.7% |
Ghana | 61.9 | 80.2 | 37.5 | 320 | 72.9% |
Kenya | 10.7 | 12.1 | 1.2 | 205 | 167.6% |
Pakistan | 14.1 | 32.6 | 12.8 | 130 | 109.7% |
Singapore | 7.0 | 20.0 | 14.5 | 124 | 160.7% |
Switzerland | 24.7 | 39.2 | 10.0 | 109 | 64.0% |
United Arab Emirates | 21.8 | 65.7 | 3.1 | 72.2 | 49.1% |
Norway | 0.4 | 4.3 | 5.0 | 43.1 | 375.9% |
Germany | 805 | 596 | 13.7 | 17.4 | -72.1% |
Malaysia | 212 | N/A | N/A | N/A | 0% |
Others | 898 | 908 | 168 | 1,484 | 18.2% |
Total | 3,021 | 4,943 | 1,635 | 6,724 | 30.6% |
Top Suppliers of First-Aid Kit to Nigeria in 2022:
- China (213.3 tons)
- Netherlands (45.9 tons)
- Denmark (40.4 tons)
- France (33.5 tons)
- Switzerland (18.0 tons)
- Ghana (15.8 tons)
- Pakistan (12.5 tons)
- United Arab Emirates (9.1 tons)
- Kenya (8.5 tons)
- Norway (7.9 tons)
- Singapore (7.1 tons)
- Germany (3.1 tons)
First-Aid Kit Exports in Nigeria
In 2022, overseas shipments of first-aid boxes and kits decreased by -9.1% to 381 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,244% against the previous year.
In value terms, first-aid kit exports dropped notably to $1.5K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, the exports reached the peak of $1.8K, and then declined rapidly in the following year.
Export of First-Aid Kit in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 774 | 948 | 81.0 | 1,211 | 16.1% |
Canada | N/A | N/A | 2.0 | 47.0 | 2250.0% |
Zimbabwe | N/A | 35.0 | N/A | N/A | 0% |
Israel | N/A | N/A | 1,711 | N/A | 0% |
Others | 181 | 167 | 34.0 | 233 | 8.8% |
Total | 955 | 1,150 | 1,828 | 1,491 | 16.0% |
Top Export Markets for First-Aid Kit from Nigeria in 2022:
- Ghana (358.0 kg)
- Canada (9.0 kg)
This report provides an in-depth analysis of the first-aid kit 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 21202460 - First-aid boxes and kits
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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