Report Update Nov 1, 2024

Nigeria - Splitting, Slicing or Paring Machines - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Nigeria

In 2021, after four years of growth, there was significant decline in the Nigerien wood slicing machine market, when its value decreased by -83% to $X. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Wood Slicing Machine Exports

Exports from Nigeria

Wood slicing machine exports from Nigeria amounted to less than X units in 2021, approximately equating 2020. Overall, exports recorded a relatively flat trend pattern.

In value terms, wood slicing machine exports amounted to less than $X in 2021. In general, exports showed a dramatic slump. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Wood Slicing Machine Imports

Imports into Nigeria

In 2021, after four years of growth, there was significant decline in overseas purchases of splitting, slicing or paring machines, when their volume decreased by -83% to X units. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 2,334%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, wood slicing machine imports dropped markedly to $X in 2021. Overall, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2017 with an increase of 175%. Imports peaked at $X in 2020, and then shrank notably in the following year.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of wood slicing machine imports to Nigeria, together comprising 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +78.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest wood slicing machine suppliers to Nigeria, together comprising 91% of total imports.

Among the main suppliers, the United States, with a CAGR of +44.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, increasing by 13% against the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 3,792%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for splitting, slicing or paring machines in the world?

The countries with the highest volumes of wood slicing machine consumption in 2021 were China, the United States and Pakistan, with a combined 45% share of global consumption. These countries were followed by Brazil, South Africa, Canada, Japan, France, Germany, Italy, the UK, Turkey and the Netherlands, which together accounted for a further 28%.

What are the largest producers of splitting, slicing or paring machines in the world?

The country with the largest volume of wood slicing machine production was China, comprising approx. 63% of total volume. Moreover, wood slicing machine production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold. Brazil ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of splitting, slicing or paring machines to Nigeria?

In value terms, the largest wood slicing machine suppliers to Nigeria were China, the United States and Germany, with a combined 92% share of total imports. Lebanon lagged somewhat behind, comprising a further 2.9%.

What is the average import price for splitting, slicing or paring machines in Nigeria?

The average wood slicing machine import price stood at $361 per unit in 2021, increasing by 5.6% against the previous year.

This report provides an in-depth analysis of the wood slicing machine 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 28491275 - Splitting, slicing or paring machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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