Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria - 2023
Contents:
- Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria (CIF) - 2022
- Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria
Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria (CIF) - 2022
In 2022, the average import price for boilers; watertube boilers with a steam production exceeding 45t per hour amounted to $4,970 per ton, growing by 43% against the previous year. Overall, the import price, however, saw a noticeable slump. The import price peaked at $9,926 per ton in 2015; however, from 2016 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 Finland ($6,067 per ton), while the price for China ($1,282 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria
Imports of boilers; watertube boilers with a steam production exceeding 45t per hour into Nigeria reduced sharply to 185 tons in 2022, declining by -95.8% on 2021. In general, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 782% against the previous year.
In value terms, imports of boilers; watertube boilers with a steam production exceeding 45t per hour fell sharply to $920K in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 806% against the previous year.
| Import of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 9.5 | 0.8 | 3.8 | 0.5 | -62.5% |
| India | 3.8 | 0.6 | 7.3 | 0.2 | -62.5% |
| Finland | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 0.5 | N/A | N/A | N/A | 0% |
| Japan | 8.6 | N/A | N/A | N/A | 0% |
| China | 0.9 | N/A | 1.7 | N/A | 37.4% |
| Taiwan (Chinese) | 0.5 | 0.1 | 0.8 | N/A | 26.5% |
| Portugal | 0.3 | N/A | 0.5 | N/A | 29.1% |
| Romania | 0.3 | N/A | 0.5 | N/A | 29.1% |
| Others | 0.3 | 0.1 | 0.7 | N/A | 52.8% |
| Total | 24.9 | 1.7 | 15.4 | 0.9 | -66.9% |
Top Suppliers of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour to Nigeria in 2022:
- Brazil (94.4 tons)
- India (52.6 tons)
- Finland (16.1 tons)
- Taiwan (Chinese) (5.9 tons)
- Portugal (4.1 tons)
- Romania (4.0 tons)
- China (3.9 tons)
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