Nigeria - Non-Electric Bells And Gongs Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Non-Electric Bell Price in Nigeria - 2022
Contents:
- Metal Non-Electric Bell Price in Nigeria (CIF) - 2022
- Metal Non-Electric Bell Price in Nigeria (FOB) - 2022
- Metal Non-Electric Bell Imports in Nigeria
- Metal Non-Electric Bell Exports in Nigeria
Metal Non-Electric Bell Price in Nigeria (CIF) - 2022
The average metal non-electric bell import price stood at $6,733 per ton in 2022, reducing by -65.2% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 168% against the previous year. As a result, import price reached the peak level of $19,326 per ton, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($57,302 per ton), while the price for Italy ($4,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Non-Electric Bell Price in Nigeria (FOB) - 2022
In 2022, the average metal non-electric bell export price amounted to $40,908 per ton, picking up by 59% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 203% against the previous year. Over the period under review, the average export prices attained the peak figure at $138,847 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($153,219 per ton), while the average price for exports to Belgium ($980 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 the UK (+300.6%), while the prices for the other major destinations experienced a decline.
Metal Non-Electric Bell Imports in Nigeria
In 2022, approx. 13 tons of non-electric bells and gongs of base metal were imported into Nigeria; growing by 189% against 2021. Over the period under review, imports, however, recorded a mild decrease.
In value terms, metal non-electric bell imports amounted to $85K in 2022. In general, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 410%.
Import of Metal Non-Electric Bell in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.9 | 2.5 | 1.4 | 43.3 | 123.1% |
Germany | 1.3 | 0.9 | 23.2 | 13.0 | 115.4% |
India | 62.7 | 8.1 | 4.0 | 8.8 | -48.0% |
Netherlands | 4.0 | 1.4 | 9.2 | 5.1 | 8.4% |
Italy | 6.6 | 0.2 | 1.1 | 3.7 | -17.5% |
Others | 12.8 | 3.4 | 45.6 | 11.3 | -4.1% |
Total | 91.3 | 16.6 | 84.5 | 85.2 | -2.3% |
Top Suppliers of Metal Non-Electric Bell to Nigeria in 2022:
- China (10.1 tons)
- India (1.0 tons)
- Italy (0.9 tons)
- Netherlands (0.4 tons)
- Germany (0.2 tons)
Metal Non-Electric Bell Exports in Nigeria
In 2022, metal non-electric bell exports from Nigeria skyrocketed to 79 kg, with an increase of 72% against the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, metal non-electric bell exports surged to $3.2K in 2022. Overall, exports showed a resilient expansion.
Export of Metal Non-Electric Bell in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 897 | 1,409 | 478 | 1,656 | 22.7% |
Cote d'Ivoire | 1,025 | 319 | 318 | 1,116 | 2.9% |
Germany | N/A | N/A | N/A | 180 | 0% |
Ghana | 28.0 | 47.0 | 14.0 | 44.0 | 16.3% |
Canada | 43.0 | 2.0 | 3.0 | 19.0 | -23.8% |
South Africa | 8.0 | 13.0 | 4.0 | 13.0 | 17.6% |
Belgium | N/A | N/A | N/A | 1.0 | 0% |
United Kingdom | N/A | 3,267 | N/A | N/A | 0% |
Angola | N/A | N/A | 93.0 | N/A | 0% |
Others | 110 | 202 | 282 | 197 | 21.4% |
Total | 2,111 | 5,259 | 1,192 | 3,226 | 15.2% |
Top Export Markets for Metal Non-Electric Bell from Nigeria in 2022:
- Netherlands (21.0 kg)
- Ghana (19.0 kg)
- Germany (14.0 kg)
- Cote d'Ivoire (7.0 kg)
- Canada (1.0 kg)
- South Africa (1.0 kg)
- Belgium (1.0 kg)
This report provides an in-depth analysis of the metal non-electric bell 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 25992982 - Bells, gongs, etc., non-electric, of base 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.
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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
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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
This report provides an in-depth analysis of the metal non-electric bell market in Nigeria.
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This report provides an in-depth analysis of the metal non-electric bell market in Nigeria.
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This report provides an in-depth analysis of the global metal non-electric bell market.
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