Price for Valves and Tubes; Receiver or Amplifier in Nigeria - 2022
Contents:
- Price for Valves and Tubes; Receiver or Amplifier in Nigeria (CIF) - 2022
- Imports of Valves and Tubes; Receiver or Amplifier in Nigeria
Price for Valves and Tubes; Receiver or Amplifier in Nigeria (CIF) - 2022
The average import price for valves and tubes; receiver or amplifiers stood at $104 per unit in 2022, jumping by 21% against the previous year. Overall, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 34%. The import price peaked at $154 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($107 per unit), while the price for Germany ($66 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Valves and Tubes; Receiver or Amplifier in Nigeria
For the third year in a row, Nigeria recorded decline in purchases abroad of valves and tubes; receiver or amplifiers, which decreased by -79.7% to 404 units in 2022. In general, imports faced a significant contraction. The smallest decline of -4.3% was in 2020. Over the period under review, imports of hit record highs at 2.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of valves and tubes; receiver or amplifiers fell remarkably to $42K in 2022. Overall, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $249K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Valves and Tubes; Receiver or Amplifier in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.5 | 162 | 9.3 | 37.3 | 6.9% |
| Germany | 0.3 | 1.4 | 4.1 | 2.2 | 94.3% |
| Turkey | 1.9 | 2.4 | 1.3 | 1.2 | -14.2% |
| France | 30.2 | 4.1 | 1.5 | 0.4 | -76.3% |
| Thailand | 95.1 | N/A | 116 | N/A | 10.4% |
| India | 5.5 | 4.3 | 1.4 | N/A | -49.5% |
| South Africa | 17.8 | 33.4 | 26.4 | N/A | 21.8% |
| Netherlands | 3.7 | 0.6 | 2.0 | N/A | -26.5% |
| Others | 36.1 | 40.7 | 8.0 | 0.9 | -70.8% |
| Total | 221 | 249 | 171 | 42.1 | -42.5% |
Top Suppliers of Valves and Tubes; Receiver or Amplifier to Nigeria in 2022:
- China (348.0 units)
- Germany (34.0 units)
- Turkey (14.0 units)
- France (5.0 units)
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