Price for Tools, Hand; Other than Household Tools in Nigeria - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Nigeria (CIF) - 2022
- Imports of Tools, Hand; Other than Household Tools in Nigeria
Price for Tools, Hand; Other than Household Tools in Nigeria (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $892 per ton in 2022, shrinking by -68.7% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 51% against the previous year. As a result, import price attained the peak level of $3,312 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Germany ($6,721 per ton), while the price for China ($458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.4%), while the prices for the other major suppliers experienced a decline.
Imports of Tools, Hand; Other than Household Tools in Nigeria
In 2022, after two years of decline, there was significant growth in supplies from abroad of tools, hand; other than household toolses, when their volume increased by 468% to 2.2K tons. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses skyrocketed to $1.9M in 2022. In general, imports, however, recorded a relatively flat trend pattern.
| Import of Tools, Hand; Other than Household Tools in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 547 | 368 | 106 | 911 | 18.5% |
| Germany | 169 | 90.9 | 137 | 303 | 21.5% |
| South Africa | 64.4 | 3.6 | 1.5 | 67.8 | 1.7% |
| Others | 1,173 | 1,640 | 845 | 656 | -17.6% |
| Total | 1,953 | 2,103 | 1,089 | 1,937 | -0.3% |
Top Suppliers of Tools, Hand; Other than Household Tools to Nigeria in 2022:
- China (1988.0 tons)
- Germany (45.1 tons)
- South Africa (41.9 tons)
412
This report provides an in-depth analysis of the blow lamp market in Nigeria.
360
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Nigeria.
369
This report provides an in-depth analysis of the metal hammer market in Nigeria.
307
This report provides an in-depth analysis of the household hand tools market in Nigeria.
364
This report provides an in-depth analysis of the gouges and chisels market in Nigeria.
384
This report provides an in-depth analysis of the screwdriver market in Nigeria.
329
This report provides an in-depth analysis of the vices and clamps market in Nigeria.
1051
This report provides an in-depth analysis of the hand tools market in Nigeria.
443
This report provides an in-depth analysis of the market for stamp and photo collection album in Nigeria.
423
This report provides an in-depth analysis of the diary market in Nigeria.
62
The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
531
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
1106
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
2739
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
757
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
721
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
709
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
737
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
717
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
753
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
