Nigeria - Printing Components - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrinting Components Price in Nigeria - 2022
Contents:
- Printing Components Price in Nigeria (CIF) - 2022
- Printing Components Price in Nigeria (FOB) - 2022
- Printing Components Imports in Nigeria
- Printing Components Exports in Nigeria
Printing Components Price in Nigeria (CIF) - 2022
In 2022, the average printing components import price amounted to $2,004 per ton, dropping by -6.2% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $7,852 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,371 per ton), while the price for Canada ($1,130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.
Printing Components Price in Nigeria (FOB) - 2022
The average printing components export price stood at $1,430 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $7,606 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($7,457 per ton), while the average price for exports to South Africa ($363 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 Cote d'Ivoire (+2.0%), while the prices for the other major destinations experienced a decline.
Printing Components Imports in Nigeria
In 2022, overseas purchases of printing components decreased by -72.1% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 202% against the previous year.
In value terms, printing components imports contracted markedly to $31M in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 218% against the previous year.
Import of Printing Components in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 20.6 | 72.3 | 110 | 29.6 | 12.8% |
Canada | 0.2 | 0.6 | 1.6 | 0.4 | 26.0% |
Others | 3.6 | 4.9 | 5.6 | 0.7 | -42.1% |
Total | 24.4 | 77.7 | 117 | 30.6 | 7.8% |
Top Suppliers of Printing Components to Nigeria in 2022:
- China (14.6K tons)
- Canada (0.3K tons)
Printing Components Exports in Nigeria
In 2022, overseas shipments of printing components were finally on the rise to reach 27 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous descent.
In value terms, printing components exports soared to $38K in 2022. In general, exports, however, showed a sharp reduction.
Export of Printing Components in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 15.6 | 0% |
Cote d'Ivoire | 16.3 | 16.0 | 7.7 | 8.4 | -19.8% |
Germany | 51.6 | 22.5 | 4.0 | 5.7 | -52.0% |
United Kingdom | 7.6 | 5.6 | 2.7 | 3.1 | -25.8% |
Benin | 3.7 | 3.4 | 2.6 | 2.9 | -7.8% |
Italy | 7.9 | 4.6 | 1.8 | 1.4 | -43.8% |
South Africa | 1.6 | 2.5 | 0.7 | 0.2 | -50.0% |
Others | 1.5 | 1.0 | 1.4 | 1.1 | -9.8% |
Total | 90.3 | 55.6 | 20.9 | 38.3 | -24.9% |
Top Export Markets for Printing Components from Nigeria in 2022:
- Turkey (12.9 tons)
- Benin (6.5 tons)
- Germany (2.7 tons)
- United Kingdom (2.2 tons)
- Cote d'Ivoire (1.1 tons)
- Italy (0.5 tons)
- South Africa (0.5 tons)
This report provides an in-depth analysis of the printing components market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 18132000 - Printing components
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the printing components market in Nigeria.
This report provides an in-depth analysis of the global printing components market.
This report provides an in-depth analysis of the printing components market in Nigeria.
This report provides an in-depth analysis of the global printing components market.
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