Lamps; Arc-Lamps Price in Nigeria - 2022
Contents:
Lamps; Arc-Lamps Price in Nigeria (CIF) - 2022
The average lamps; arc-lamps import price stood at $19 per unit in 2022, picking up by 25% against the previous year. Overall, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 209%. The import price peaked at $33 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($58 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Lamps; Arc-Lamps Imports in Nigeria
In 2022, lamps; arc-lamps imports into Nigeria skyrocketed to 7.8K units, growing by 390% against the previous year's figure. Over the period under review, imports, however, showed a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 1,661%. As a result, imports reached the peak of 325K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lamps; arc-lamps imports surged to $148K in 2022. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 654%. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Lamps; Arc-Lamps in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 24.3 | 910 | 0.8 | 30.1 | 7.4% |
China | 34.2 | 991 | 4.9 | 18.0 | -19.3% |
Austria | 6.1 | 4.6 | 2.1 | 7.4 | 6.7% |
Spain | 8.4 | 5.2 | 1.5 | 5.6 | -12.6% |
Others | 186 | 45.3 | 14.9 | 86.6 | -22.5% |
Total | 259 | 1,956 | 24.2 | 148 | -17.0% |
Top Suppliers of Lamps; Arc-Lamps to Nigeria in 2022:
- China (4.5K units)
- Germany (1.7K units)
- Spain (0.9K units)
- Austria (0.1K units)
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Discover the leading import markets for electric lamps, including key statistics and insights on countries driving the global demand for lighting products.
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
Discover the leading import markets for electric lamps, including key statistics and insights on countries driving the global demand for lighting products.
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y