Price for Pens; Nibs and Nib Points in Nigeria - 2022
Contents:
- Price for Pens; Nibs and Nib Points in Nigeria (CIF) - 2022
- Imports of Pens; Nibs and Nib Points in Nigeria
Price for Pens; Nibs and Nib Points in Nigeria (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to $12 per thousand units, standing approx. at the previous year. In general, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 5.5%. As a result, import price attained the peak level of $15 per thousand units. From 2017 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2015 to 2022, the rate of growth in terms of prices for France amounted to -1.5% per year.
Imports of Pens; Nibs and Nib Points in Nigeria
In 2022, the amount of pens; nibs and nib pointses imported into Nigeria was estimated at 93M units, picking up by 3.6% compared with 2021. In general, imports, however, showed a abrupt downturn. Imports peaked at 161M units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, pens; nibs and nib points imports totaled $1.1M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 5.3% against the previous year. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Pens; Nibs and Nib Points in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.0 | 2.0 | 1.1 | 1.1 | -18.1% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 2.0 | 2.1 | 1.1 | 1.1 | -18.1% |
Top Suppliers of Pens; Nibs and Nib Points to Nigeria in 2022:
- India (92.9M units)
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