Nigeria - Household Dishwashing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHousehold Dishwashing Machine Price in Nigeria - 2022
Contents:
- Household Dishwashing Machine Price in Nigeria (CIF) - 2022
- Household Dishwashing Machine Price in Nigeria (FOB) - 2022
- Household Dishwashing Machine Imports in Nigeria
- Household Dishwashing Machine Exports in Nigeria
Household Dishwashing Machine Price in Nigeria (CIF) - 2022
In 2022, the average household dishwashing machine import price amounted to $344 per unit, growing by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($912 per unit), while the price for Norway ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Household Dishwashing Machine Price in Nigeria (FOB) - 2022
In 2022, the average household dishwashing machine export price amounted to $233 per unit, declining by -12.9% against the previous year. Overall, export price indicated a modest increase 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, household dishwashing machine export price increased by +14.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 85%. As a result, the export price reached the peak level of $307 per unit. From 2018 to 2022, the average 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 Niger ($242 per unit), while the average price for exports to Ghana totaled $26 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-2.6%).
Household Dishwashing Machine Imports in Nigeria
In 2022, after three years of growth, there was significant decline in supplies from abroad of household dishwashing machines, when their volume decreased by -42% to 1.2K units. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 2K units, and then fell notably in the following year.
In value terms, household dishwashing machine imports reduced sharply to $400K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $543K, and then fell markedly in the following year.
Import of Household Dishwashing Machine in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 54.4 | 63.9 | 74.8 | 85.6 | 16.3% |
Turkey | 74.3 | 55.6 | 90.5 | 84.6 | 4.4% |
China | 58.8 | 140 | 202 | 67.2 | 4.6% |
Saudi Arabia | 73.0 | 45.9 | 45.5 | 45.3 | -14.7% |
Italy | 12.8 | 10.9 | 5.7 | 19.1 | 14.3% |
Spain | 7.9 | 3.1 | 2.7 | 14.8 | 23.3% |
Poland | 21.9 | 29.4 | 16.5 | 11.2 | -20.0% |
Austria | 3.1 | 12.4 | 10.0 | 10.0 | 47.8% |
United Kingdom | 18.4 | 20.5 | 12.3 | 7.9 | -24.6% |
Malaysia | 10.3 | 9.2 | 7.2 | 6.8 | -12.9% |
United Arab Emirates | 9.9 | 10.1 | 1.6 | 5.7 | -16.8% |
Norway | 1.6 | 1.3 | 1.0 | 0.9 | -17.5% |
Others | 47.8 | 48.0 | 73.3 | 41.1 | -4.9% |
Total | 394 | 451 | 543 | 400 | 0.5% |
Top Suppliers of Household Dishwashing Machine to Nigeria in 2022:
- Turkey (262.0 units)
- China (240.0 units)
- United States (209.0 units)
- Saudi Arabia (126.0 units)
- Italy (77.0 units)
- Spain (38.0 units)
- Norway (33.0 units)
- Poland (27.0 units)
- United Kingdom (25.0 units)
- Austria (25.0 units)
- Malaysia (18.0 units)
- United Arab Emirates (14.0 units)
Household Dishwashing Machine Exports in Nigeria
In 2022, the amount of household dishwashing machines exported from Nigeria rose rapidly to 68 units, increasing by 7.9% on the year before. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 73 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, household dishwashing machine exports declined to $16K in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $17K, and then declined in the following year.
Export of Household Dishwashing Machine in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niger | 13.3 | 12.7 | 16.8 | 15.7 | 5.7% |
Kenya | 0.1 | N/A | N/A | N/A | 0% |
Democratic Republic of the Congo | N/A | 1.4 | N/A | N/A | 0% |
Others | N/A | 0.7 | N/A | 0.1 | -62.2% |
Total | 13.4 | 14.8 | 16.8 | 15.8 | 5.6% |
Top Export Markets for Household Dishwashing Machine from Nigeria in 2022:
- Niger (65.0 units)
This report provides an in-depth analysis of the household dishwashing 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 27511200 - Household dishwashing machines
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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