Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria - 2022
Contents:
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria (CIF) - 2022
- Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria (CIF) - 2022
In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $914 per unit, waning by -57.5% against the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 23%. As a result, import price attained the peak level of $2,393 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.3% per year.
Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria
Imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Nigeria contracted markedly to 1 units in 2022, falling by -90% compared with the year before. Over the period under review, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. Over the period under review, imports of hit record highs at 105 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined remarkably to $914 in 2022. In general, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 192%. Imports peaked at $220K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 188 | N/A | N/A | 0.9 | -83.1% |
| New Zealand | N/A | N/A | 6.4 | N/A | 0% |
| India | N/A | 7.4 | 12.7 | N/A | 71.6% |
| Italy | 31.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 2.3 | N/A | 0% |
| Total | 220 | 7.4 | 21.5 | 0.9 | -84.0% |
Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Nigeria in 2022:
- China (1.0 units)
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This report provides an in-depth analysis of the automatic goods-vending machine market in Nigeria.
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Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
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This report provides an in-depth analysis of the automatic goods-vending machine market in Nigeria.
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Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
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