Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria - 2022

Contents:

1. Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria (CIF) - 2022
2. Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria (FOB) - 2022
3. Imports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria
4. Exports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria

Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria (CIF) - 2022

In 2022, the average import price for projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati amounted to $714 per unit, increasing by 22% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 153%. As a result, import price reached the peak level of $1,405 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,546 per unit), while the price for Norway ($91 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria (FOB) - 2022

The average export price for projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati stood at $202 per unit in 2021, which is down by -72.4% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 526%. As a result, the export price attained the peak level of $734 per unit, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($357 per unit), while the average price for exports to the Netherlands ($69 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria

In 2022, the amount of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati imported into Nigeria surged to 60 units, jumping by 107% compared with 2021. Over the period under review, imports enjoyed a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati skyrocketed to $43K in 2022. In general, imports recorded a measured increase. The growth pace was the most rapid in 2021 with an increase of 255% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus to Nigeria in 2022:

1. France (29.0 units)
2. United Kingdom (14.0 units)
3. Norway (7.0 units)
4. Ghana (1.0 units)
5. United States (1.0 units)
6. Italy (1.0 units)
7. South Africa (1.0 units)
8. United Arab Emirates (1.0 units)
9. India (1.0 units)
10. Germany (1.0 units)
11. Hong Kong SAR (1.0 units)
12. China (1.0 units)
13. Spain (1.0 units)

Exports of Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus in Nigeria

In 2021, after two years of growth, there was decline in shipments abroad of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati, when their volume decreased by 0% to 6 units. In general, total exports indicated a significant increase from 2019 to 2021: its volume increased at an average annual rate of +22.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +50.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of projectors, cinematographic; whether or not incorporating sound recording or reproducing apparati reduced sharply to $1.2K in 2021. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 839% against the previous year. As a result, the exports attained the peak of $4.4K, and then declined remarkably in the following year.

Top Export Markets for Projectors, Cinematographic; Whether or Not Incorporating Sound Recording or Reproducing Apparatus from Nigeria in 2022:

1. Cote d'Ivoire (2.0 units)
2. Ghana (1.0 units)
3. Netherlands (1.0 units)
4. South Africa (1.0 units)
5. Benin (1.0 units)

Source: IndexBox Market Intelligence Platform