Nigeria - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMetal Hammer Price in Nigeria - 2022
Contents:
- Metal Hammer Price in Nigeria (CIF) - 2022
- Metal Hammer Price in Nigeria (FOB) - 2022
- Metal Hammer Imports in Nigeria
- Metal Hammer Exports in Nigeria
Metal Hammer Price in Nigeria (CIF) - 2022
In 2022, the average metal hammer import price amounted to $1,562 per ton, jumping by 41% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 85%. Over the period under review, average import prices attained the maximum at $2,389 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 China ($1,544 per ton), while the price for Hong Kong SAR totaled $240 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).
Metal Hammer Price in Nigeria (FOB) - 2022
In 2022, the average metal hammer export price amounted to $4,263 per ton, with an increase of 15% against the previous year. In general, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 321% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,023 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($6,121 per ton), while the average price for exports to Cameroon ($891 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 Sierra Leone (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Hammer Imports in Nigeria
In 2022, supplies from abroad of hammers and sledge hammers with working part of metal decreased by -42.2% to 949 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, metal hammer imports fell significantly to $1.5M in 2022. Overall, imports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 2.6% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Metal Hammer in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.3 | 2.9 | 1.5 | 1.4 | -15.3% |
Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
Others | 1.1 | 0.5 | 0.3 | 0.1 | -55.0% |
Total | 3.3 | 3.4 | 1.8 | 1.5 | -23.1% |
Top Suppliers of Metal Hammer to Nigeria in 2022:
- China (899.6 tons)
- Hong Kong SAR (15.5 tons)
Metal Hammer Exports in Nigeria
Metal hammer exports from Nigeria dropped significantly to 2.3 tons in 2022, falling by -45% against the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 302% against the previous year. As a result, the exports reached the peak of 4.2 tons, and then dropped remarkably in the following year.
In value terms, metal hammer exports contracted notably to $9.9K in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 277% against the previous year. As a result, the exports attained the peak of $16K, and then fell markedly in the following year.
Export of Metal Hammer in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Benin | 5.7 | 2.8 | 10.6 | 7.8 | 11.0% |
Cameroon | 0.6 | 0.5 | 1.3 | 0.7 | 5.3% |
Angola | 0.2 | 0.2 | 0.9 | 0.6 | 44.2% |
Niger | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
Others | 1.4 | 0.6 | 2.5 | 0.8 | -17.0% |
Total | 8.0 | 4.1 | 15.6 | 9.9 | 7.4% |
Top Export Markets for Metal Hammer from Nigeria in 2022:
- Benin (1267.0 kg)
- Cameroon (820.0 kg)
- Angola (197.0 kg)
- Niger (10.0 kg)
This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the metal hammer market in Nigeria.
This report provides an in-depth analysis of the blow lamp market in Nigeria.
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Nigeria.
This report provides an in-depth analysis of the household hand tools market in Nigeria.
This report provides an in-depth analysis of the gouges and chisels market in Nigeria.
This report provides an in-depth analysis of the screwdriver market in Nigeria.
This report provides an in-depth analysis of the vices and clamps market in Nigeria.
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items in Nigeria.
This report provides an in-depth analysis of the hand tools market in Nigeria.
This report provides an in-depth analysis of the market for stamp and photo collection album in Nigeria.
The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...