Nigeria - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVehicle Seat Price in Nigeria - 2022
Contents:
- Vehicle Seat Price in Nigeria (CIF) - 2022
- Vehicle Seat Price in Nigeria (FOB) - 2022
- Vehicle Seat Imports in Nigeria
- Vehicle Seat Exports in Nigeria
Vehicle Seat Price in Nigeria (CIF) - 2022
In 2022, the average vehicle seat import price amounted to $104 per unit, with a decrease of -47.9% against the previous year. In general, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 57% against the previous year. The import price peaked at $266 per unit in 2019; however, from 2020 to 2022, 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 the UK ($189 per unit), while the price for Malaysia ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+362.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Vehicle Seat Price in Nigeria (FOB) - 2022
In 2022, the average vehicle seat export price amounted to $124 per unit, with a decrease of -43.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 246% against the previous year. Over the period under review, the average export prices reached the maximum at $238 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($284 per unit), while the average price for exports to Canada ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Seat Imports in Nigeria
In 2022, the amount of seats for motor vehicles imported into Nigeria soared to 862 units, jumping by 213% on 2021 figures. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,149% against the previous year. As a result, imports attained the peak of 4K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vehicle seat imports skyrocketed to $90K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,249%. As a result, imports attained the peak of $646K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Vehicle Seat in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | 4.7 | 0.4 | 66.4 | 275.9% |
China | 0.8 | 449 | 3.1 | 13.6 | 157.1% |
United Kingdom | 14.7 | 39.0 | 15.3 | 3.6 | -37.4% |
Germany | 3.2 | 21.2 | 7.6 | 1.8 | -17.5% |
Others | 29.2 | 132 | 28.7 | 4.5 | -46.4% |
Total | 47.8 | 646 | 55.1 | 89.9 | 23.4% |
Top Suppliers of Vehicle Seat to Nigeria in 2022:
- Spain (673.0 units)
- China (112.0 units)
- United Kingdom (19.0 units)
- Germany (10.0 units)
Vehicle Seat Exports in Nigeria
In 2022, approx. 19 units of seats for motor vehicles were exported from Nigeria; increasing by 12% compared with the year before. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, vehicle seat exports declined rapidly to $2.4K in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 268% against the previous year. As a result, the exports attained the peak of $3.7K, and then dropped significantly in the following year.
Export of Vehicle Seat in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 1,414 | 2.0 | 1,538 | 1,705 | 6.4% |
Sao Tome and Principe | 105 | 221 | 176 | 205 | 25.0% |
Gambia | 149 | 283 | 49.0 | 179 | 6.3% |
Benin | 89.0 | 288 | 201 | 83.0 | -2.3% |
Uganda | 82.0 | 1.0 | 62.0 | 68.0 | -6.0% |
Angola | 26.0 | 62.0 | 47.0 | 52.0 | 26.0% |
Niger | 69.0 | 109 | 64.0 | 43.0 | -14.6% |
Ghana | 13.0 | 25.0 | 19.0 | 20.0 | 15.4% |
Canada | 5.0 | N/A | N/A | 10.0 | 26.0% |
Others | 65.0 | 20.0 | 1,563 | N/A | 390.4% |
Total | 2,017 | 1,011 | 3,719 | 2,365 | 5.4% |
Top Export Markets for Vehicle Seat from Nigeria in 2022:
- Gambia (6.0 units)
- Cote d'Ivoire (6.0 units)
- Ghana (1.0 units)
- Canada (1.0 units)
- Sao Tome and Principe (1.0 units)
- Angola (1.0 units)
- Uganda (1.0 units)
- Niger (1.0 units)
- Benin (1.0 units)
This report provides an in-depth analysis of the vehicle seat 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 29321000 - Seats for motor vehicles
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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 vehicle seat market in Nigeria.
This report provides an in-depth analysis of the seat market in Nigeria.
This report provides an in-depth analysis of the market for metal frame non-upholstered seat in Nigeria.
This report provides an in-depth analysis of the market for wooden frame non-upholstered seat in Nigeria.
This report provides an in-depth analysis of the bed-convertible seat market in Nigeria.
This report provides an in-depth analysis of the aircraft seat market in Nigeria.
This report provides an in-depth analysis of the market for cane and bamboo seat in Nigeria.
This report provides an in-depth analysis of the swivel seat market in Nigeria.
This report provides an in-depth analysis of the market for metal frame upholstered seat in Nigeria.
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Nigeria.
In value terms, walking-sticks, seat-sticks, whips and riding-crops imports stood at $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an ...
In value terms, walking-sticks, seat-sticks, whips and riding-crops exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an a...
In 2016, approx. X tons of seat were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. The total import volume increased at an average annual rate...
In 2016, approx. X tons of seat were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. The total import volume increased at an average annual rate...
Discover the leading countries for importing metal frame non-upholstered seats and the key factors driving demand in these markets. Learn about the latest import values and trends in the global furniture industry.
Discover the top import markets for metal frame upholstered seat worldwide. Explore the import values of countries such as the US, Germany, Netherlands, and more. Stay informed with IndexBox data!
Discover the world's best import markets for wooden frame upholstered seats based on the import value. Learn about the key countries driving the demand for these seats and how IndexBox market intelligence platform can help businesses tap into these lucrative markets.
In value terms, walking-sticks, seat-sticks, whips and riding-crops imports stood at $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an ...
In value terms, walking-sticks, seat-sticks, whips and riding-crops exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an a...
In 2016, approx. X tons of seat were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. The total import volume increased at an average annual rate...