Report Update Nov 1, 2024

Nigeria - Chainsaws With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Nigeria

In 2022, the Nigerien non-electric chainsaw market decreased by -76.5% to $X, falling for the third consecutive year after three years of growth. In general, consumption, however, enjoyed a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Chainsaw Exports

Exports from Nigeria

Non-electric chainsaw exports from Nigeria skyrocketed to X units in 2022, surging by 33% on the year before. In general, exports, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2013 when exports increased by 880% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-electric chainsaw exports skyrocketed to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 837% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ghana (X units) was the main destination for non-electric chainsaw exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ghana amounted to -2.2%.

In value terms, Ghana ($X) also remains the key foreign market for chainsaws with a self-contained non-electric motor exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Ghana was relatively modest.

Export Prices by Country

In 2022, the average non-electric chainsaw export price amounted to $X per unit, rising by 35% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric chainsaw export price increased by +125.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 67%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2012 to 2022, the rate of growth in terms of prices for Cameroon amounted to +26.6% per year.

Non-Electric Chainsaw Imports

Imports into Nigeria

In 2022, purchases abroad of chainsaws with a self-contained non-electric motor decreased by -76.2% to X units, falling for the third consecutive year after three years of growth. Overall, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2015 when imports increased by 1,119%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric chainsaw imports dropped markedly to $X in 2022. Over the period under review, imports, however, posted strong growth. The growth pace was the most rapid in 2015 with an increase of 578%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric chainsaw to Nigeria, with a 72% share of total imports. Moreover, non-electric chainsaw imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold. The third position in this ranking was taken by Germany (X units), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.5% per year) and Germany (+4.9% per year).

In value terms, China ($X) constituted the largest supplier of chainsaws with a self-contained non-electric motor to Nigeria, comprising 73% of total imports. The second position in the ranking was held by the UK ($X), with a 10% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.7% per year) and Germany (+2.2% per year).

Import Prices by Country

In 2022, the average non-electric chainsaw import price amounted to $X per unit, falling by -2.6% against the previous year. Overall, the import price showed a noticeable decline. The growth pace was the most rapid in 2016 when the average import price increased by 55% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for the UK ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chainsaws with a self-contained non-electric motor in the world?

China constituted the country with the largest volume of non-electric chainsaw consumption, comprising approx. 40% of total volume. Moreover, non-electric chainsaw consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. Russia ranked third in terms of total consumption with a 6% share.

What are the largest producers of chainsaws with a self-contained non-electric motor in the world?

The country with the largest volume of non-electric chainsaw production was China, comprising approx. 86% of total volume. Moreover, non-electric chainsaw production in China exceeded the figures recorded by the second-largest producer, Sweden, more than tenfold. The third position in this ranking was occupied by Germany, with a 4% share.

What are the leading suppliers of chainsaws with a self-contained non-electric motor to Nigeria?

In value terms, China constituted the largest supplier of non-electric chainsaw to Nigeria, comprising 80% of total imports. The second position in the ranking was occupied by Germany, with a 10% share of total imports. It was followed by the United States, with a 2.9% share.

What are the leading importers of chainsaws with a self-contained non-electric motor from Nigeria?

In value terms, Ghana remains the key foreign market for non-electric chainsaw exports from Nigeria, comprising 77% of total exports. The second position in the ranking was occupied by Benin $510), with a 23% share of total exports.

What is the average export price for chainsaws with a self-contained non-electric motor in Nigeria?

In 2021, the average non-electric chainsaw export price amounted to $15,775 per ton, waning by -2.4% against the previous year.

What is the average import price for chainsaws with a self-contained non-electric motor in Nigeria?

In 2021, the average non-electric chainsaw import price amounted to $3,390 per ton, jumping by 28% against the previous year.

This report provides an in-depth analysis of the non-electric chainsaw 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 28241260 - Chainsaws with a self-contained non-electric motor

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
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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