Report Update Nov 1, 2024

Nigeria - Fluorescent Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Nigeria

In 2021, the Nigerien fluorescent discharge lamps market increased by 3.1% to $X, rising for the fifth year in a row after three years of decline. Overall, consumption, however, recorded a abrupt decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from Nigeria

In 2021, overseas shipments of fluorescent discharge lamps increased by 380% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, faced a significant decline. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports surged to $X in 2021. In general, exports, however, faced a precipitous slump. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Kenya (X units), Congo (X units) and Benin (X units) were the main destinations of fluorescent discharge lamps exports from Nigeria, with a combined 92% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of +26.5%), while the other leaders experienced mixed trend patterns.

In value terms, Kenya ($X) emerged as the key foreign market for fluorescent discharge lamps exports from Nigeria, comprising 45% of total exports. The second position in the ranking was held by Congo ($X), with an 18% share of total exports. It was followed by Niger, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Kenya amounted to +58.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+9.6% per year) and Niger (+0.7% per year).

Export Prices by Country

The average fluorescent discharge lamps export price stood at $X per unit in 2021, reducing by -51.8% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 an increase of 71% against the previous year. As a result, the export price reached the peak level of $X per unit, and then contracted notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Niger ($X per unit), while the average price for exports to Congo ($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 Kenya (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Nigeria

In 2021, purchases abroad of fluorescent discharge lamps increased by 1.1% to X units, rising for the fifth consecutive year after three years of decline. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 102%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports surged to $X in 2021. In general, imports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2019 with an increase of 70%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of fluorescent discharge lamps to Nigeria, with a 94% share of total imports. It was followed by the UK (X units), with a 1.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.6% per year) and Germany (-28.0% per year).

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Nigeria, comprising 86% of total imports. The second position in the ranking was taken by the UK ($X), with a 3.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.8% per year) and Germany (-20.4% per year).

Import Prices by Country

The average fluorescent discharge lamps import price stood at $X per unit in 2021, surging by 21% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 480%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorescent discharge lamps in the world?

The country with the largest volume of fluorescent discharge lamps consumption was China, comprising approx. 35% of total volume. Moreover, fluorescent discharge lamps consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.6% share.

What are the largest producers of fluorescent discharge lamps in the world?

China constituted the country with the largest volume of fluorescent discharge lamps production, comprising approx. 66% of total volume. Moreover, fluorescent discharge lamps production in China exceeded the figures recorded by the second-largest producer, India, eightfold. The third position in this ranking was occupied by Poland, with a 4.2% share.

What are the leading suppliers of fluorescent discharge lamps to Nigeria?

In value terms, China constituted the largest supplier of fluorescent discharge lamps to Nigeria.

What are the leading importers of fluorescent discharge lamps from Nigeria?

In value terms, Niger, Kenya and Benin were the largest markets for fluorescent discharge lamps exported from Nigeria worldwide, together comprising 91% of total exports. Cabo Verde lagged somewhat behind, comprising a further 6.8%.

What is the average export price for fluorescent discharge lamps in Nigeria?

The average fluorescent discharge lamps export price stood at $1.1 per unit in 2020, falling by -11.5% against the previous year.

What is the average import price for fluorescent discharge lamps in Nigeria?

In 2020, the average fluorescent discharge lamps import price amounted to $1 per unit, rising by 15% against the previous year.

This report provides an in-depth analysis of the fluorescent discharge lamps 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 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)

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