Nigeria: Photographic Flashbulb Market 2025

Photographic Flashbulb Market Size in Nigeria

In 2021, the Nigerien photographic flashbulb market decreased by -93.8% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Photographic Flashbulb Production in Nigeria

In value terms, photographic flashbulb production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 7.5%. Photographic flashbulb production peaked at $X in 2020, and then shrank in the following year.

Photographic Flashbulb Exports

Exports from Nigeria

In 2020, approx. X units of photographic flashbulbs and flashcubes were exported from Nigeria; remaining constant against 2019. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2018 with an increase of 67%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, photographic flashbulb exports totaled $X in 2020. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 80%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for photographic flashbulb exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Zimbabwe was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Zimbabwe was relatively modest.

Export Prices by Country

In 2020, the average photographic flashbulb export price amounted to $X per unit, remaining stable against the previous year. In general, the export price showed a temperate increase. The most prominent rate of growth was recorded in 2017 an increase of 8.5%. The export price peaked in 2020 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 Zimbabwe.

From 2012 to 2020, the rate of growth in terms of prices for Benin amounted to +7.9% per year.

Photographic Flashbulb Imports

Imports into Nigeria

In 2021, overseas purchases of photographic flashbulbs and flashcubes decreased by -93.8% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 85,581%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, photographic flashbulb imports declined rapidly to $X in 2021. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,458%. Over the period under review, imports reached the maximum at $X in 2020, and then declined significantly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of photographic flashbulb to Nigeria, accounting for a 66% share of total imports. Moreover, photographic flashbulb imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold.

From 2013 to 2021, the average annual rate of growth in terms of volume from China stood at +88.7%.

In value terms, China ($X) constituted the largest supplier of photographic flashbulbs and flashcubes to Nigeria, comprising 86% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.1% share of total imports.

From 2013 to 2021, the average annual rate of growth in terms of value from China amounted to +58.8%.

Import Prices by Country

In 2021, the average photographic flashbulb import price amounted to $X per unit, picking up by 1,068% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 4,996%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by China (-15.9%).

Source: IndexBox Platform

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