Price for Electrical Capacitors; Fixed, Tantalum in Nigeria - 2022
Contents:
- Price for Electrical Capacitors; Fixed, Tantalum in Nigeria (CIF) - 2022
- Imports of Electrical Capacitors; Fixed, Tantalum in Nigeria
Price for Electrical Capacitors; Fixed, Tantalum in Nigeria (CIF) - 2022
The average electrical capacitors; fixed, tantalum import price stood at less than $0.1 per unit in 2022, with a decrease of -68.5% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 137%. As a result, import price attained the peak level of $0.4 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.1 per unit), while the price for Portugal amounted to less than $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced a decline.
Imports of Electrical Capacitors; Fixed, Tantalum in Nigeria
In 2022, purchases abroad of electrical capacitors; fixed, tantala decreased by -62.8% to 66K units, falling for the second year in a row after two years of growth. In general, imports faced a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of 346K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical capacitors; fixed, tantalum imports reduced remarkably to $2.7K in 2022. Overall, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of $39K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Electrical Capacitors; Fixed, Tantalum in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.1 | 15.2 | 2.2 | 1.5 | -51.4% |
| Portugal | N/A | 1.9 | N/A | 0.7 | -39.3% |
| Mexico | N/A | 1.9 | N/A | N/A | 0% |
| Italy | 7.8 | 9.9 | 7.2 | N/A | -3.9% |
| Others | 9.9 | 10.3 | 13.4 | 0.5 | -63.0% |
| Total | 30.8 | 39.2 | 22.8 | 2.7 | -55.6% |
Top Suppliers of Electrical Capacitors; Fixed, Tantalum to Nigeria in 2022:
- Portugal (46.6K units)
- China (19.4K units)
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