Nigeria - Ultraviolet Or Infrared Lamps And Arc Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ultraviolet, Infrared, or Arc Lamp in Nigeria - 2022
Contents:
- Price for Ultraviolet, Infrared, or Arc Lamp in Nigeria (CIF) - 2022
- Price for Ultraviolet, Infrared, or Arc Lamp in Nigeria (FOB) - 2022
- Imports of Ultraviolet, Infrared, or Arc Lamp in Nigeria
- Exports of Ultraviolet, Infrared, or Arc Lamp in Nigeria
Price for Ultraviolet, Infrared, or Arc Lamp in Nigeria (CIF) - 2022
In 2022, the average import price for ultraviolet or infrared lamps and arc lamps amounted to $19 per unit, with an increase of 43% against the previous year. Overall, the import price enjoyed moderate growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 226% against the previous year. As a result, import price reached the peak level of $24 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($86 per unit), while the price for China totaled $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.4%).
Price for Ultraviolet, Infrared, or Arc Lamp in Nigeria (FOB) - 2022
The average export price for ultraviolet or infrared lamps and arc lamps stood at $240 per unit in 2022, with an increase of 42% against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 293% against the previous year. As a result, the export price reached the peak level of $252 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($298 per unit), while the average price for exports to Ireland ($8 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 Niger (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ultraviolet, Infrared, or Arc Lamp in Nigeria
In 2022, purchases abroad of ultraviolet or infrared lamps and arc lamps decreased by -60.4% to 50K units, falling for the second year in a row after two years of growth. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,354%. As a result, imports attained the peak of 467K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ultraviolet, infrared, or arc lamp imports reduced sharply to $946K in 2022. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 715% against the previous year. As a result, imports reached the peak of $4.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ultraviolet, Infrared, or Arc Lamp in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.2 | 3,026 | 983 | 571 | 105.1% |
| Turkey | 27.9 | 41.1 | 30.1 | 1.2 | -65.0% |
| Others | 494 | 1,724 | 654 | 373 | -8.9% |
| Total | 588 | 4,792 | 1,667 | 946 | 17.2% |
Top Suppliers of Ultraviolet, Infrared, or Arc Lamp to Nigeria in 2022:
- China (45.9K units)
- Turkey (0.1K units)
Exports of Ultraviolet, Infrared, or Arc Lamp in Nigeria
For the third consecutive year, Nigeria recorded decline in shipments abroad of ultraviolet or infrared lamps and arc lamps, which decreased by -15.1% to 45 units in 2022. Over the period under review, exports showed a precipitous contraction. The exports peaked at 190 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ultraviolet, infrared, or arc lamp exports soared to $11K in 2022. In general, exports continue to indicate a significant decline. The exports peaked at $22K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ultraviolet, Infrared, or Arc Lamp in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 4.2 | 5.9 | 3.7 | 4.7 | 3.8% |
| Cote d'Ivoire | 10.7 | 1.3 | 4.1 | 4.4 | -25.6% |
| Niger | 0.5 | N/A | 0.9 | 1.0 | 26.0% |
| Angola | 1.1 | 0.8 | 0.1 | 0.4 | -28.6% |
| Benin | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 5.3 | N/A | N/A | N/A | 0% |
| Sao Tome and Principe | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.9 | 8.2 | 9.0 | 10.8 | -21.0% |
Top Export Markets for Ultraviolet, Infrared, or Arc Lamp from Nigeria in 2022:
- Ghana (18.0 units)
- Cote d'Ivoire (17.0 units)
- Niger (4.0 units)
- Angola (2.0 units)
- Sao Tome and Principe (1.0 units)
- Ireland (1.0 units)
- Benin (1.0 units)
This report provides an in-depth analysis of the market for ultraviolet, infrared, or arc lamp 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 27401570 - Ultraviolet or infrared lamps, arc lamps
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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