Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria - 2023
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria (CIF) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria (CIF) - 2022
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $817 per thousand units in 2022, waning by -16.7% against the previous year. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $1.8 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($17 per unit), while the price for China ($739 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.7%), while the prices for the other major suppliers experienced a decline.
Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria
In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses imported into Nigeria contracted to 492K units, falling by -12% against 2021. Over the period under review, imports faced a dramatic decline. The smallest decline of -4.2% was in 2020. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses contracted notably to $402K in 2022. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 4.9%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 638 | 632 | 17.9 | 263 | -25.6% |
Turkey | 316 | 370 | 526 | 112 | -29.2% |
Qatar | N/A | N/A | N/A | 19.2 | 0% |
Others | 7.5 | 6.4 | 4.8 | 8.1 | 2.6% |
Total | 962 | 1,009 | 549 | 402 | -25.2% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Nigeria in 2022:
- China (356.2K units)
- Turkey (116.7K units)
- Qatar (13.9K units)
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