Nigeria - Signal Generators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSignal Generator Price in Nigeria - 2022
Contents:
- Signal Generator Price in Nigeria (CIF) - 2022
- Signal Generator Price in Nigeria (FOB) - 2022
- Signal Generator Imports in Nigeria
- Signal Generator Exports in Nigeria
Signal Generator Price in Nigeria (CIF) - 2022
In 2022, the average signal generator import price amounted to $3.4 per unit, increasing by 38% against the previous year. Overall, the import price, however, faced a dramatic setback. Over the period under review, average import prices attained the peak figure at $43 per unit in 2012; however, from 2013 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 the UK ($34 per unit), while the price for Austria ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Signal Generator Price in Nigeria (FOB) - 2022
The average signal generator export price stood at $18 per unit in 2022, shrinking by -60.1% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 219%. Over the period under review, the average export prices reached the peak figure at $49 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 Germany ($55 per unit), while the average price for exports to Ghana ($0.9 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 Cote d'Ivoire (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Signal Generator Imports in Nigeria
In 2022, after three years of growth, there was significant decline in purchases abroad of signal generators, when their volume decreased by -16.6% to 338K units. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 118% against the previous year. Imports peaked at 406K units in 2021, and then reduced sharply in the following year.
In value terms, signal generator imports surged to $1.2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 90%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Signal Generator in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 232 | 512 | 560 | 202 | -4.5% |
United Kingdom | 27.7 | 33.0 | 56.0 | 174 | 84.5% |
Austria | 20.6 | 34.3 | 77.4 | 122 | 80.9% |
Others | 200 | 333 | 313 | 662 | 49.0% |
Total | 480 | 912 | 1,006 | 1,160 | 34.2% |
Top Suppliers of Signal Generator to Nigeria in 2022:
- Austria (193.0K units)
- China (107.8K units)
- United Kingdom (5.1K units)
Signal Generator Exports in Nigeria
In 2022, approx. 1K units of signal generators were exported from Nigeria; jumping by 79% on 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 187%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, signal generator exports fell sharply to $18K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 133%. As a result, the exports reached the peak of $26K, and then contracted remarkably in the following year.
Export of Signal Generator in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 0.3 | 3.3 | 2.7 | 9.8 | 219.7% |
Germany | 2.4 | 3.6 | 2.0 | 3.7 | 15.5% |
Ghana | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Norway | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
Benin | N/A | 0.4 | N/A | N/A | 0% |
Sweden | N/A | N/A | 10.4 | N/A | 0% |
United Kingdom | 0.5 | N/A | N/A | N/A | 0% |
Others | 3.2 | 3.6 | 10.4 | 4.4 | 11.2% |
Total | 6.4 | 11.0 | 25.7 | 18.3 | 41.9% |
Top Export Markets for Signal Generator from Nigeria in 2022:
- Cote d'Ivoire (675.0 units)
- Ghana (211.0 units)
- Germany (67.0 units)
- Norway (28.0 units)
This report provides an in-depth analysis of the signal generator 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 27904030 - Signal generators
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
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