Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria - 2023
Contents:
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (CIF) - 2022
- Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (FOB) - 2022
- Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria
- Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (CIF) - 2022
The average import price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china stood at $924 per ton in 2022, with an increase of 41% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 153% against the previous year. The import price peaked at $4,926 per ton 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 ($3,231 per ton), while the price for Vietnam ($62 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (FOB) - 2022
In 2022, the average export price for tableware, kitchenware, other household articles and toilet articles; of porcelain or china amounted to $1,531 per ton, declining by -5.2% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 113% against the previous year. As a result, the export price attained the peak level of $2,673 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,604 per ton), while the average price for exports to Niger ($328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria
In 2022, overseas purchases of tableware, kitchenware, other household articles and toilet articles; of porcelain or china decreased by -22.7% to 7.3K tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 40%. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china expanded rapidly to $6.8M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of $8.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 6.1 | 4.6 | 3.9 | -3.2% |
| United Kingdom | 0.1 | 0.3 | 0.3 | 1.2 | 128.9% |
| United States | 0.6 | 0.8 | 0.5 | 0.7 | 5.3% |
| Italy | 0.1 | 0.3 | 0.3 | 0.5 | 71.0% |
| Ethiopia | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Spain | 0.1 | 0.4 | 0.1 | N/A | 0.0% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Total | 5.7 | 8.1 | 6.2 | 6.8 | 6.1% |
Top Suppliers of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China to Nigeria in 2022:
- China (4667.3 tons)
- Ethiopia (994.6 tons)
- United States (597.0 tons)
- United Kingdom (363.2 tons)
- Italy (248.9 tons)
- Vietnam (174.8 tons)
- Spain (55.3 tons)
Exports of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria
In 2022, the amount of tableware, kitchenware, other household articles and toilet articles; of porcelain or china exported from Nigeria surged to 122 tons, increasing by 40% on 2021. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 427% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tableware, kitchenware, other household articles and toilet articles; of porcelain or china soared to $187K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 291% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.2 | 0.5 | 68.9 | 130 | 214.0% |
| Benin | 2.3 | 1.1 | 11.2 | 41.4 | 162.1% |
| Kenya | 1.7 | 1.6 | 6.2 | 10.4 | 82.9% |
| Cote d'Ivoire | 10.3 | 15.5 | 22.3 | 2.8 | -35.2% |
| Niger | 4.4 | 0.9 | 10.7 | 0.6 | -48.5% |
| Cameroon | N/A | 0.8 | 1.9 | N/A | 137.5% |
| Guatemala | N/A | N/A | 2.6 | N/A | 0% |
| Others | 21.1 | 15.5 | 17.3 | 1.9 | -55.2% |
| Total | 44.0 | 36.1 | 141 | 187 | 62.0% |
Top Export Markets for Tableware, Kitchenware, Other Household Articles and Toilet Articles; of Porcelain or China from Nigeria in 2022:
- Benin (60.5 tons)
- United Arab Emirates (50.0 tons)
- Kenya (7.7 tons)
- Niger (1.7 tons)
- Cote d'Ivoire (1.1 tons)
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