Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria - 2022
Contents:
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (CIF) - 2022
- Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (FOB) - 2022
- Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria
- Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (CIF) - 2022
The average import price for handbags with outer surface of vulcanised fibre or of paperboards stood at $1.4 per unit in 2022, reducing by -10.8% against the previous year. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in 2015 an increase of 28% against the previous year. As a result, import price reached the peak level of $3 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1.4 per unit) and South Africa ($1.4 per unit), while the price for Singapore ($1.4 per unit) and Italy ($1.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (FOB) - 2022
The average export price for handbags with outer surface of vulcanised fibre or of paperboards stood at $15 per unit in 2022, falling by -38.7% against the previous year. In general, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,447%. As a result, the export price attained the peak level of $38 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($22 per unit), while the average price for exports to Botswana ($2.7 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 Rwanda (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of handbags with outer surface of vulcanised fibre or of paperboards, when their volume increased by 300% to 84K units. Over the period under review, imports, however, recorded a abrupt setback. Imports peaked at 161K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of handbags with outer surface of vulcanised fibre or of paperboards surged to $113K in 2022. Overall, imports, however, recorded a sharp descent. Over the period under review, imports of hit record highs at $306K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 40.3 | 0% |
| Italy | 3.1 | 0.8 | 4.9 | 15.3 | 70.3% |
| United States | 2.5 | 15.8 | 2.5 | 11.6 | 66.8% |
| Singapore | N/A | N/A | 0.3 | 9.9 | 3200.0% |
| India | 4.0 | 0.1 | N/A | 5.8 | 13.2% |
| China | 265 | 87.9 | 7.8 | 5.8 | -72.0% |
| United Kingdom | 23.8 | 17.4 | 1.4 | 5.2 | -39.8% |
| Spain | N/A | 1.2 | 0.8 | 4.9 | 102.1% |
| Others | 7.4 | 4.1 | 14.0 | 14.4 | 24.8% |
| Total | 306 | 127 | 31.8 | 113 | -28.3% |
Top Suppliers of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard to Nigeria in 2022:
- Hong Kong SAR (29.8K units)
- Italy (11.4K units)
- United States (8.6K units)
- Singapore (7.4K units)
- India (4.3K units)
- China (4.3K units)
- United Kingdom (3.9K units)
- Spain (3.6K units)
Exports of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria
In 2022, the amount of handbags with outer surface of vulcanised fibre or of paperboards exported from Nigeria surged to 2.1K units, picking up by 76% on 2021 figures. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 124%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of handbags with outer surface of vulcanised fibre or of paperboards rose rapidly to $31K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 270%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Handbags with Outer Surface of Vulcanised Fibre or of Paperboard in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 0.3 | 1.7 | 8.2 | 334.4% |
| Ghana | 0.7 | N/A | 9.3 | 4.1 | 80.3% |
| Sao Tome and Principe | 0.1 | N/A | N/A | 2.5 | 192.4% |
| Thailand | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Angola | 0.9 | N/A | 2.3 | 1.8 | 26.0% |
| Kenya | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
| South Africa | N/A | 0.2 | 1.6 | 1.2 | 144.9% |
| Rwanda | N/A | N/A | N/A | 0.8 | 0% |
| Tanzania | 0.1 | N/A | 1.5 | 0.6 | 81.7% |
| Canada | 0.1 | 0.1 | 0.5 | 0.4 | 58.7% |
| Botswana | 0.1 | 0.9 | 1.0 | 0.3 | 44.2% |
| Cote d'Ivoire | 1.4 | 3.0 | 0.9 | 0.1 | -58.5% |
| Mozambique | 6.0 | N/A | 0.1 | N/A | -87.1% |
| Others | 6.5 | 3.1 | 9.0 | 7.5 | 4.9% |
| Total | 16.4 | 7.7 | 28.5 | 30.8 | 23.4% |
Top Export Markets for Handbags with Outer Surface of Vulcanised Fibre or of Paperboard from Nigeria in 2022:
- Ghana (452.0 units)
- Netherlands (422.0 units)
- Sao Tome and Principe (124.0 units)
- Thailand (102.0 units)
- Botswana (95.0 units)
- Canada (93.0 units)
- Angola (88.0 units)
- Kenya (78.0 units)
- South Africa (55.0 units)
- Rwanda (39.0 units)
- Tanzania (31.0 units)
- Cote d'Ivoire (7.0 units)
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