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Nigeria - Photographic (Other Than Cinematographic) Cameras - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhoto Camera Price in Nigeria - 2022
Contents:
- Photo Camera Price in Nigeria (CIF) - 2022
- Photo Camera Price in Nigeria (FOB) - 2022
- Photo Camera Imports in Nigeria
- Photo Camera Exports in Nigeria
Photo Camera Price in Nigeria (CIF) - 2022
The average photo camera import price stood at $335 per unit in 2022, surging by 5.7% against the previous year. Over the period under review, the import price showed significant growth. The most prominent rate of growth was recorded in 2014 an increase of 4,442% against the previous year. Over the period under review, average import prices reached the maximum at $347 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,643 per unit), while the price for Italy ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+64.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Photo Camera Price in Nigeria (FOB) - 2022
The average photo camera export price stood at $3,260 per unit in 2022, growing by 82% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 281%. Over the period under review, the average export prices hit record highs at $3,953 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9,597 per unit), while the average price for exports to Cote d'Ivoire ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+95.2%), while the prices for the other major destinations experienced more modest paces of growth.
Photo Camera Imports in Nigeria
In 2022, approx. 3.5K units of photographic (other than cinematographic) cameras were imported into Nigeria; picking up by 7.9% against the previous year. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, photo camera imports rose significantly to $1.2M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Photo Camera in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 106 | 345 | 308 | 381 | 53.2% |
France | 198 | 53.0 | 63.4 | 206 | 1.3% |
Singapore | 208 | 52.9 | 219 | 171 | -6.3% |
United Kingdom | 197 | 20.1 | 27.7 | 98.6 | -20.6% |
United States | 20.4 | 22.7 | 31.3 | 36.0 | 20.8% |
South Africa | 44.5 | 72.4 | 6.7 | 33.9 | -8.7% |
United Arab Emirates | 24.5 | 8.3 | 11.3 | 27.5 | 3.9% |
India | 9.5 | 73.2 | 9.9 | 16.4 | 20.0% |
Italy | 9.9 | 1.9 | 7.2 | 4.5 | -23.1% |
Turkey | 2.2 | 0.7 | 1.0 | 3.9 | 21.0% |
Others | 237 | 77.4 | 337 | 187 | -7.6% |
Total | 1,057 | 727 | 1,022 | 1,166 | 3.3% |
Top Suppliers of Photo Camera to Nigeria in 2022:
- China (1043.0 units)
- France (645.0 units)
- Singapore (568.0 units)
- United States (268.0 units)
- Italy (141.0 units)
- United Arab Emirates (135.0 units)
- South Africa (104.0 units)
- Turkey (97.0 units)
- India (73.0 units)
- United Kingdom (60.0 units)
Photo Camera Exports in Nigeria
In 2022, photo camera exports from Nigeria fell rapidly to 12 units, shrinking by -20% compared with 2021 figures. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15%. The exports peaked at 21 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, photo camera exports surged to $39K in 2022. In general, exports continue to indicate a perceptible decline. Over the period under review, the exports reached the maximum at $51K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Photo Camera in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 45.0 | 14.4 | 26.0 | 38.4 | -5.1% |
South Africa | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
Ghana | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Netherlands | N/A | N/A | N/A | 0.1 | 0% |
Benin | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Cote d'Ivoire | N/A | 36.4 | N/A | N/A | 0% |
Thailand | N/A | N/A | N/A | N/A | 0% |
Germany | N/A | N/A | N/A | N/A | 0% |
Portugal | N/A | N/A | 0.1 | N/A | 0% |
Canada | N/A | 0.1 | 0.1 | N/A | 0.0% |
Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
Total | 45.2 | 51.4 | 26.9 | 39.1 | -4.7% |
Top Export Markets for Photo Camera from Nigeria in 2022:
- United Kingdom (4.0 units)
- South Africa (2.0 units)
- Ghana (1.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Cote d'Ivoire (1.0 units)
- Benin (1.0 units)
This report provides an in-depth analysis of the photo camera 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 26701250 - Cameras of a kind used for preparing printing plates or cylinders, cameras specially designed for underwater use, for aerial survey or for medical or surgical examination of internal organs, comparison cameras for forensic or criminological laboratories
- Prodcom 26701400 - Instant print cameras and other cameras (excluding digital cameras, cameras of a kind used for preparing printing plates or cylinders as well as cameras specially designed for underwater use, for aerial survey or for medical or surgical examination of internal organs, comparison cameras for forensic or criminological laboratories)
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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