Nigeria - Sleeping Bags - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSleeping Bag Price in Nigeria - 2022
Contents:
- Sleeping Bag Price in Nigeria (CIF) - 2022
- Sleeping Bag Price in Nigeria (FOB) - 2022
- Sleeping Bag Imports in Nigeria
- Sleeping Bag Exports in Nigeria
Sleeping Bag Price in Nigeria (CIF) - 2022
In 2022, the average sleeping bag import price amounted to $21 per unit, declining by -10.4% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure at $23 per unit in 2021, and then declined in the following year.
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 China ($21 per unit), while the price for India ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sleeping Bag Price in Nigeria (FOB) - 2022
The average sleeping bag export price stood at $32 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw buoyant growth. The growth pace was the most rapid in 2016 an increase of 55%. Over the period under review, the average export prices attained the maximum at $32 per unit in 2021, and then reduced slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Cyprus.
From 2015 to 2022, the rate of growth in terms of prices for Niger amounted to -3.1% per year.
Sleeping Bag Imports in Nigeria
In 2022, the amount of sleeping bags imported into Nigeria surged to 2.1K units, jumping by 324% compared with 2021 figures. Overall, imports enjoyed a pronounced expansion. Imports peaked at 3.7K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, sleeping bag imports skyrocketed to $44K in 2022. In general, imports enjoyed a perceptible expansion. Over the period under review, imports reached the peak figure at $77K in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Import of Sleeping Bag in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 36.4 | 73.8 | 3.7 | 39.4 | 2.7% |
South Africa | 1.1 | 0.9 | 0.3 | 1.5 | 10.9% |
Turkey | 0.3 | 0.2 | 0.1 | 0.7 | 32.6% |
India | N/A | N/A | N/A | 0.2 | 0% |
Others | 2.7 | 2.3 | 7.5 | 2.6 | -1.3% |
Total | 40.7 | 77.2 | 11.7 | 44.5 | 3.0% |
Top Suppliers of Sleeping Bag to Nigeria in 2022:
- China (1848.0 units)
- South Africa (110.0 units)
- India (72.0 units)
- Turkey (49.0 units)
Sleeping Bag Exports in Nigeria
In 2022, overseas shipments of sleeping bags decreased by -20% to 8 units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 10 units, and then shrank markedly in the following year.
In value terms, sleeping bag exports reduced remarkably to $254 in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of $322, and then contracted rapidly in the following year.
Export of Sleeping Bag in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | N/A | N/A | N/A | 22.0 | 0% |
Niger | N/A | 108 | N/A | N/A | 0% |
Sri Lanka | N/A | N/A | 322 | N/A | 0% |
Burundi | 109 | N/A | N/A | N/A | 0% |
Others | N/A | 79.0 | N/A | 232 | 71.4% |
Total | 109 | 187 | 322 | 254 | 32.6% |
Top Export Markets for Sleeping Bag from Nigeria in 2022:
- Cyprus (2.0 units)
This report provides an in-depth analysis of the sleeping bag 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 13922430 - Sleeping bags
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
-
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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