Report Update Jan 1, 2025

Nigeria - Electro-Thermic Appliances or Domestic Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Nigeria

In 2021, the Nigerien market for electro-thermic appliances or domestic purposes was finally on the rise to reach $X after seven years of decline. Overall, consumption, however, faced a abrupt downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Nigeria

In 2021, the amount of electro-thermic appliances or domestic purposes exported from Nigeria rose sharply to X units, increasing by 15% against 2020 figures. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 175% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, electro-thermic appliances or domestic purposes exports declined to $X in 2021. Overall, exports recorded mild growth. The most prominent rate of growth was recorded in 2015 when exports increased by 216%. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Mozambique (X units) was the main destination for electro-thermic appliances or domestic purposes exports from Nigeria, accounting for a 61% share of total exports. Moreover, electro-thermic appliances or domestic purposes exports to Mozambique exceeded the volume sent to the second major destination, Togo (X units), twofold. The third position in this ranking was taken by Angola (X units), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mozambique stood at +182.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (0.0% per year) and Angola (-10.8% per year).

In value terms, Togo ($X), Mozambique ($X) and Kenya ($X) constituted the largest markets for electro-thermic appliances or domestic purposes exported from Nigeria worldwide, with a combined 88% share of total exports.

Mozambique, with a CAGR of +125.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, falling by -18.1% against the previous year. Overall, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 138% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kenya ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+42.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Nigeria

In 2021, supplies from abroad of electro-thermic appliances or domestic purposes was finally on the rise to reach X units for the first time since 2014, thus ending a six-year declining trend. Over the period under review, imports, however, showed a abrupt slump. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, electro-thermic appliances or domestic purposes imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of electro-thermic appliances or domestic purposes to Nigeria, with a 97% share of total imports. It was followed by South Africa (X units), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled -7.7%.

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Nigeria, comprising 87% of total imports. The second position in the ranking was held by South Africa ($X), with a 5.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -12.5%.

Import Prices by Country

In 2021, the average import price for electro-thermic appliances or domestic purposes amounted to $X per unit, leveling off at the previous year. Overall, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2016 when the average import price increased by 67% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-3.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electro-thermic appliances or domestic purposes in the world?

South Africa constituted the country with the largest volume of electro-thermic appliances or domestic purposes consumption, comprising approx. 49% of total volume. Moreover, electro-thermic appliances or domestic purposes consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. China ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of electro-thermic appliances or domestic purposes in the world?

China constituted the country with the largest volume of electro-thermic appliances or domestic purposes production, comprising approx. 78% of total volume. Moreover, electro-thermic appliances or domestic purposes production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 3.1% share.

What are the leading suppliers of electro-thermic appliances or domestic purposes to Nigeria?

In value terms, China constituted the largest supplier of electro-thermic appliances or domestic purposes to Nigeria, comprising 85% of total imports. The second position in the ranking was occupied by Germany, with a 3% share of total imports. It was followed by the United Arab Emirates, with a 1.7% share.

What are the leading importers of electro-thermic appliances or domestic purposes from Nigeria?

In value terms, Ghana remains the key foreign market for electro-thermic appliances or domestic purposes exports from Nigeria, comprising 88% of total exports. The second position in the ranking was occupied by Cameroon $189), with an 8.8% share of total exports.

What is the average export price for electro-thermic appliances or domestic purposes in Nigeria?

The average export price for electro-thermic appliances or domestic purposes stood at $25 per unit in 2021, waning by -31.9% against the previous year.

What is the average import price for electro-thermic appliances or domestic purposes in Nigeria?

The average import price for electro-thermic appliances or domestic purposes stood at $14 per unit in 2021, shrinking by -42.1% against the previous year.

This report provides an in-depth analysis of the market for electro-thermic appliances or domestic purposes 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 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024