Report Update Nov 1, 2024

Nigeria - Blow Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Blow Lamp Market 2024

Blow Lamp Market Size in Nigeria

The Nigerien blow lamp market expanded remarkably to $X in 2022, picking up by 14% against the previous year. Over the period under review, consumption recorded resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Blow Lamp Production in Nigeria

In value terms, blow lamp production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 150%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Blow Lamp Exports

Exports from Nigeria

In 2022, the amount of blow lamps exported from Nigeria surged to X kg, with an increase of 28% against the previous year's figure. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 7,732% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, blow lamp exports rose rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 4,455% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ghana (X kg) and Niger (X kg) were the main destinations of blow lamp exports from Nigeria.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of +7.2%).

In value terms, Ghana ($X) remains the key foreign market for blow lamps exports from Nigeria, comprising 84% of total exports. The second position in the ranking was taken by Niger ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ghana totaled -1.2%.

Export Prices by Country

In 2022, the average blow lamp export price amounted to $X per ton, reducing by -15.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Niger amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (-7.8%), while the prices for the other major destinations experienced a decline.

Blow Lamp Imports

Imports into Nigeria

In 2022, the amount of blow lamps imported into Nigeria dropped markedly to X tons, waning by -86.7% compared with 2021 figures. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 976%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, blow lamp imports shrank rapidly to $X in 2022. Overall, imports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 575% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest blow lamp supplier to Nigeria, with a 65% share of total imports. Moreover, blow lamp imports from Belgium exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +28.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-35.0% per year) and Hong Kong SAR (-5.5% per year).

In value terms, the largest blow lamp suppliers to Nigeria were Hong Kong SAR ($X), Italy ($X) and China ($X), together accounting for 68% of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +2.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average blow lamp import price amounted to $X per ton, surging by 6.3% against the previous year. In general, the import price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 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 Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blow lamps in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 42% of global consumption. Taiwan Chinese), Russia, Pakistan, Nigeria, Japan, Mexico, Turkey, Germany, Italy and Spain lagged somewhat behind, together comprising a further 33%.

What are the largest producers of blow lamps in the world?

China remains the largest blow lamp producing country worldwide, comprising approx. 29% of total volume. Moreover, blow lamp production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Taiwan Chinese), with an 8.6% share.

What are the leading suppliers of blow lamps to Nigeria?

In value terms, the largest blow lamp suppliers to Nigeria were Belgium, China and Hong Kong SAR, together accounting for 78% of total imports.

What are the leading importers of blow lamps from Nigeria?

In value terms, Ghana $146) remains the key foreign market for blow lamp exports from Nigeria.

What is the average export price for blow lamps in Nigeria?

In 2021, the average blow lamp export price amounted to $10,396 per ton, rising by 276% against the previous year.

What is the average import price for blow lamps in Nigeria?

In 2021, the average blow lamp import price amounted to $7,303 per ton, jumping by 34% against the previous year.

This report provides an in-depth analysis of the blow lamp 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 25733083 - Blow lamps (excluding gas-operated welding appliances)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023