Price for Antiques; of an Age Exceeding One Hundred Years in Nigeria - 2023
Contents:
- Price for Antiques; of an Age Exceeding One Hundred Years in Nigeria (FOB) - 2022
- Price for Antiques; of an Age Exceeding One Hundred Years in Nigeria (CIF) - 2022
- Exports of Antiques; of an Age Exceeding One Hundred Years in Nigeria
- Imports of Antiques; of an Age Exceeding One Hundred Years in Nigeria
Price for Antiques; of an Age Exceeding One Hundred Years in Nigeria (FOB) - 2022
In 2022, the average export price for antiques; of an age exceeding one hundred yearses amounted to $1,366,412 per ton, increasing by 7% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 88% against the previous year. As a result, the export price reached the peak level of $11,812 per kg. From 2016 to 2022, the average 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 ($3,442,400 per ton), while the average price for exports to Switzerland ($109,000 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 (+12.8%), while the prices for the other major destinations experienced a decline.
Price for Antiques; of an Age Exceeding One Hundred Years in Nigeria (CIF) - 2022
The average import price for antiques; of an age exceeding one hundred yearses stood at $132,728 per ton in 2022, jumping by 36% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2015 an increase of 90% against the previous year. As a result, import price attained the peak level of $793,405 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +29.1% per year.
Exports of Antiques; of an Age Exceeding One Hundred Years in Nigeria
In 2022, overseas shipments of antiques; of an age exceeding one hundred yearses were finally on the rise to reach 297 kg after two years of decline. Over the period under review, exports, however, recorded a abrupt contraction.
In value terms, exports of antiques; of an age exceeding one hundred yearses skyrocketed to $404K in 2022. Overall, exports, however, showed a precipitous curtailment.
| Export of Antiques; of an Age Exceeding One Hundred Years in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 978 | 757 | 136 | 387 | -26.6% |
| United Kingdom | N/A | 6.1 | N/A | 17.2 | 67.9% |
| Switzerland | 31.9 | N/A | 73.7 | 0.1 | -85.4% |
| China | 0.9 | N/A | N/A | N/A | 0% |
| Others | 75.0 | 24.5 | 12.6 | N/A | -59.0% |
| Total | 1,085 | 788 | 222 | 404 | -28.1% |
Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Nigeria in 2022:
- United States (291.0 kg)
- United Kingdom (5.0 kg)
- Switzerland (1.0 kg)
Imports of Antiques; of an Age Exceeding One Hundred Years in Nigeria
In 2022, overseas purchases of antiques; of an age exceeding one hundred yearses were finally on the rise to reach 335 kg after two years of decline. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of antiques; of an age exceeding one hundred yearses skyrocketed to $44K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Antiques; of an Age Exceeding One Hundred Years in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | N/A | 2.7 | 44.4 | 80.1% |
| Ghana | N/A | 5.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 5.4 | 2.7 | 44.5 | 80.2% |
Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Nigeria in 2022:
- United States (331.0 kg)
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