Nigeria: Market for Gas and Smoke Analysers 2025

Market Size for Gas and Smoke Analysers in Nigeria

After three years of growth, the Nigerien gas and smoke analyser market decreased by -26.7% to $X in 2021. In general, consumption, however, enjoyed a buoyant increase. Gas and smoke analyser consumption peaked at $X in 2020, and then declined rapidly in the following year.

Exports of Gas and Smoke Analysers

Exports from Nigeria

In 2021, after two years of growth, there was significant decline in overseas shipments of gas and smoke analysers, when their volume decreased by -18.8% to X units. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by 650%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, gas and smoke analyser exports stood at $X in 2021. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by 842%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for gas and smoke analyser exports from Nigeria, accounting for a 80% share of total exports. Moreover, gas and smoke analyser exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled -9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-14.9% per year) and the United States (-11.2% per year).

In value terms, Cote d'Ivoire ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for gas and smoke analyser exported from Nigeria worldwide, together comprising 50% of total exports. Greece lagged somewhat behind, comprising a further 0.9%.

Greece, with a CAGR of +34.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average gas and smoke analyser export price amounted to $X per unit, increasing by 24% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2013 an increase of 154% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Congo (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gas and Smoke Analysers

Imports into Nigeria

In 2021, after three years of growth, there was significant decline in overseas purchases of gas and smoke analysers, when their volume decreased by -26.7% to X units. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 279%. Over the period under review, imports attained the maximum at X units in 2020, and then contracted remarkably in the following year.

In value terms, gas and smoke analyser imports declined significantly to $X in 2021. In general, imports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2018 with an increase of 199% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and China (X units) were the main suppliers of gas and smoke analyser imports to Nigeria, together accounting for 63% of total imports. These countries were followed by the United States, the UK, the United Arab Emirates, Italy and Belgium, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +103.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the largest gas and smoke analyser suppliers to Nigeria, with a combined 66% share of total imports. The United States, Italy, the United Arab Emirates, China and Belgium lagged somewhat behind, together comprising a further 22%.

Italy, with a CAGR of +98.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gas and smoke analyser import price amounted to $X per unit, remaining stable against the previous year. In general, the import price, however, saw a noticeable decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 116% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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