Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria - 2022
Contents:
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria (CIF) - 2022
- Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria (CIF) - 2022
The average import price for electrical capacitors; fixed, aluminium electrolytics stood at $49 per unit in 2022, with an increase of 1,463% against the previous year. Overall, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,923% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($47 per unit) and Switzerland ($47 per unit), while the price for Germany ($37 per unit) and the UK ($43 per unit) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+2,081.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria
Electrical capacitors; fixed, aluminium electrolytic imports into Nigeria contracted significantly to 1.6K units in 2022, waning by -79.8% on the previous year. In general, imports recorded a sharp downturn. Imports peaked at 468K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, electrical capacitors; fixed, aluminium electrolytic imports skyrocketed to $77K in 2022. Overall, imports, however, posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Capacitors; Fixed, Aluminium Electrolytic in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 0.2 | 0.2 | 53.6 | 1537.1% | |
| Switzerland | 2.0 | N/A | 9.1 | 113.3% | |
| Finland | 5.8 | 0.2 | 2.4 | -35.7% | |
| United States | 7.7 | 0.3 | 2.0 | -49.0% | |
| Netherlands | 1.9 | 0.9 | 1.2 | -20.5% | |
| Belgium | 5.9 | 0.5 | 1.1 | -56.8% | |
| Italy | 2.7 | 0.4 | 1.0 | -39.1% | |
| Sweden | 2.4 | 1.5 | 0.8 | -42.3% | |
| United Kingdom | 5.9 | N/A | 0.7 | -65.6% | |
| Germany | 7.2 | 0.3 | 0.2 | -83.3% | |
| Others | 31.0 | 20.2 | 4.9 | -60.2% | |
| Total | 72.8 | 24.4 | 77.1 | 2.9% | |
Top Suppliers of Electrical Capacitors; Fixed, Aluminium Electrolytic to Nigeria in 2022:
- China (1138.0 units)
- Switzerland (193.0 units)
- Finland (53.0 units)
- United States (44.0 units)
- Netherlands (26.0 units)
- Belgium (25.0 units)
- Italy (22.0 units)
- United Kingdom (17.0 units)
- Sweden (17.0 units)
- Germany (5.0 units)
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