Nigeria: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Nigeria

The Nigerien hand-operated air pump market declined significantly to $X in 2022, reducing by -60.9% 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). Over the period under review, consumption recorded a deep setback. Hand-operated air pump consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Hand-Operated Air Pump Exports

Exports from Nigeria

In 2022, approx. X units of hand or foot-operated air pumps were exported from Nigeria; rising by 167% on 2021. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 5,189% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hand-operated air pump exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 6,299%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ghana (X units), Cote d'Ivoire (X units) and Benin (X units) were the main destinations of hand-operated air pump exports from Nigeria, together accounting for 68% of total exports. Burkina Faso, Angola, Niger and South Africa lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +22.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-operated air pump exported from Nigeria were Benin ($X), Cote d'Ivoire ($X) and Burkina Faso ($X), together comprising 65% of total exports.

Among the main countries of destination, Burkina Faso, with a CAGR of +20.2%, recorded the highest growth rate of 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 hand-operated air pump export price stood at $X per unit in 2022, shrinking by -7% against the previous year. Over the period under review, the export price, however, recorded slight growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 104%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per unit), while the average price for exports to South Africa ($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 Niger (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into Nigeria

In 2022, approx. X units of hand or foot-operated air pumps were imported into Nigeria; falling by -55.3% against 2021 figures. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 483%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, hand-operated air pump imports dropped sharply to $X in 2022. Overall, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 with an increase of 583%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X units) constituted the largest supplier of hand-operated air pump to Nigeria, with a 60% share of total imports. Moreover, hand-operated air pump imports from France exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by India (X units), with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to +46.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.4% per year) and India (+68.1% per year).

In value terms, France ($X) constituted the largest supplier of hand or foot-operated air pumps to Nigeria, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by India, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.0% per year) and India (+56.0% per year).

Import Prices by Country

In 2022, the average hand-operated air pump import price amounted to $X per unit, reducing by -17.1% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 76% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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