Nigeria - Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrapers Excavator Price in Nigeria - 2022
Contents:
- Scrapers Excavator Price in Nigeria (CIF) - 2022
- Scrapers Excavator Price in Nigeria (FOB) - 2022
- Scrapers Excavator Imports in Nigeria
- Scrapers Excavator Exports in Nigeria
Scrapers Excavator Price in Nigeria (CIF) - 2022
In 2022, the average scrapers excavator import price amounted to $1,555 per unit, declining by -32.7% against the previous year. Over the period under review, the import price faced a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 24%. The import price peaked at $6,550 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($5,287 per unit), while the price for Italy ($568 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Scrapers Excavator Price in Nigeria (FOB) - 2022
In 2022, the average scrapers excavator export price amounted to $1,946 per unit, waning by -76.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 142%. Over the period under review, the average export prices attained the maximum at $8,305 per unit in 2021, and then fell markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +1.0% per year.
Scrapers Excavator Imports in Nigeria
In 2022, imports of scrapers earth moving, excavating, extracting machinery (not self-propelled) into Nigeria soared to 1.2K units, with an increase of 20% against the year before. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of 1.8K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, scrapers excavator imports dropped rapidly to $1.9M in 2022. Overall, imports, however, recorded a precipitous descent. The smallest decline of -3.5% was in 2020. Over the period under review, imports hit record highs at $5.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Scrapers Excavator in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,949 | 1,293 | 651 | 948 | -31.5% |
| Greece | 499 | 546 | 400 | 191 | -27.4% |
| Turkey | 111 | 106 | 67.2 | 123 | 3.5% |
| Belgium | 99.6 | 413 | 87.2 | 65.1 | -13.2% |
| Netherlands | 35.8 | 68.0 | 24.1 | 49.9 | 11.7% |
| Italy | 288 | 78.8 | 26.8 | 41.7 | -47.5% |
| France | 2.6 | 70.1 | 83.1 | 37.2 | 142.8% |
| Spain | 24.3 | 106 | 73.0 | 32.7 | 10.4% |
| Germany | 313 | 1,119 | 44.6 | 19.4 | -60.4% |
| United States | 511 | 1,187 | 263 | 14.2 | -69.7% |
| Others | 938 | 584 | 629 | 380 | -26.0% |
| Total | 5,771 | 5,570 | 2,349 | 1,902 | -30.9% |
Top Suppliers of Scrapers Excavator to Nigeria in 2022:
- China (835.0 units)
- Italy (73.0 units)
- Belgium (70.0 units)
- Greece (51.0 units)
- Spain (50.0 units)
- Turkey (23.0 units)
- France (23.0 units)
- Netherlands (20.0 units)
- Germany (7.0 units)
- United States (6.0 units)
Scrapers Excavator Exports in Nigeria
In 2022, exports of scrapers earth moving, excavating, extracting machinery (not self-propelled) from Nigeria skyrocketed to 7 units, growing by 250% against the previous year's figure. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, scrapers excavator exports reduced notably to $13K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports reached the peak of $17K, and then fell significantly in the following year.
| Export of Scrapers Excavator in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 6.9 | 9.3 | 0.1 | 12.9 | 23.2% |
| Netherlands | N/A | N/A | 16.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | 9.3 | 16.6 | 12.9 | 23.2% |
Top Export Markets for Scrapers Excavator from Nigeria in 2022:
- Niger (7.0 units)
This report provides an in-depth analysis of the scrapers excavator 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 28923070 - Scrapers earth moving, excavating, extracting... machinery, n ot self-propelled
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
-
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
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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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