Nigeria: Breathing Appliances Market 2024

Breathing Appliances Market Size in Nigeria

The Nigerien breathing appliances market contracted rapidly to $X in 2022, shrinking by -16.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Breathing Appliances Exports

Exports from Nigeria

In 2022, the amount of breathing appliances and gas masks exported from Nigeria dropped slightly to X units, approximately reflecting the previous year. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 543% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, breathing appliances exports reduced to $X in 2022. Overall, exports, however, showed notable growth. The pace of growth appeared the most rapid in 2019 with an increase of 470%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Ghana (X units) was the main destination for breathing appliances exports from Nigeria, with a 66% share of total exports. Moreover, breathing appliances exports to Ghana exceeded the volume sent to the second major destination, India (X units), sixfold. South Africa (X units) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Ghana amounted to +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and South Africa (+7.3% per year).

In value terms, India ($X), Ghana ($X) and Cote d'Ivoire ($X) appeared to be the largest markets for breathing appliances exported from Nigeria worldwide, together accounting for 75% of total exports.

Among the main countries of destination, Ghana, with a CAGR of +24.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2022, shrinking by -5.6% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 368%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ghana ($X 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 Germany (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Breathing Appliances Imports

Imports into Nigeria

In 2022, approx. X units of breathing appliances and gas masks were imported into Nigeria; which is down by -21.3% against 2021 figures. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,065%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, breathing appliances imports contracted modestly to $X in 2022. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2020 with an increase of 1,159% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X units) constituted the largest supplier of breathing appliances to Nigeria, with a 54% share of total imports. Moreover, breathing appliances imports from Egypt exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. China (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt totaled +83.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+129.3% per year) and China (+9.6% per year).

In value terms, Egypt ($X) constituted the largest supplier of breathing appliances and gas masks to Nigeria, comprising 44% of total imports. The second position in the ranking was held by Spain ($X), with a 21% share of total imports. It was followed by the United States, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to +68.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+125.1% per year) and the United States (+11.0% per year).

Import Prices by Country

In 2022, the average breathing appliances import price amounted to $X per unit, growing by 27% against the previous year. In general, the import price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 58% against the previous year. The import price peaked at $X 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 the United States ($X per unit), while the price for Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+69.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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