Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria - 2022
Contents:
- Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria (CIF) - 2022
- Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria
Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria (CIF) - 2022
In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $21 per unit, shrinking by -15.7% against the previous year. Over the period under review, the import price, however, saw a mild increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 60% against the previous year. As a result, import price attained the peak level of $28 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($26 per unit), while the price for Turkey ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced a decline.
Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria
In 2022, supplies from abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s decreased by -43.1% to 38K units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 527% against the previous year. As a result, imports reached the peak of 116K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s fell remarkably to $788K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 764%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.9 | 2,133 | 1,020 | 429 | 93.8% |
| Germany | 31.5 | 41.8 | 170 | 82.8 | 38.0% |
| India | 3.0 | 14.5 | 6.8 | 38.5 | 134.1% |
| Italy | 8.8 | 8.3 | 8.1 | 12.3 | 11.8% |
| United States | 7.5 | 32.6 | 14.9 | 9.3 | 7.4% |
| South Africa | 2.8 | 7.2 | 11.5 | 7.9 | 41.3% |
| Turkey | 29.7 | 42.4 | 31.8 | 0.8 | -70.0% |
| Hungary | 19.5 | 2.2 | 1.5 | 0.5 | -70.5% |
| Ethiopia | N/A | 38.4 | 71.0 | N/A | 84.9% |
| Romania | 81.4 | 110 | 124 | N/A | 23.4% |
| Others | 85.3 | 406 | 183 | 207 | 34.4% |
| Total | 328 | 2,836 | 1,643 | 788 | 33.9% |
Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Nigeria in 2022:
- China (16.4K units)
- India (9.7K units)
- Germany (4.7K units)
- United States (1.7K units)
- South Africa (1.4K units)
- Italy (0.9K units)
- Turkey (0.7K units)
- Hungary (0.1K units)
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