Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria - 2022
Contents:
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (CIF) - 2022
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (FOB) - 2022
- Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria
- Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (CIF) - 2022
In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $173 per unit, reducing by -35.9% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 477% against the previous year. As a result, import price reached the peak level of $1,177 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,926 per unit), while the price for South Africa ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (FOB) - 2022
In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $602 per unit, almost unchanged from the previous year. In general, the export price showed a slight expansion. The growth pace was the most rapid in 2014 when the average export price increased by 58%. As a result, the export price attained the peak level of $1,035 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($602 per unit), while the average price for exports to Gabon ($602 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 Greece (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria
In 2022, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses into Nigeria fell remarkably to 28K units, with a decrease of -52.2% against the previous year's figure. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 474%. As a result, imports reached the peak of 58K units, and then fell markedly in the following year.
In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses shrank rapidly to $4.8M in 2022. Overall, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of $16M, and then reduced sharply in the following year.
| Import of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 0.2 | 6.9 | 2.9 | 113.0% |
| South Africa | 0.9 | 0.3 | 0.1 | 0.4 | -23.7% |
| United Kingdom | 3.3 | 0.3 | 0.1 | 0.4 | -50.5% |
| Gabon | 2.3 | 2.4 | 3.8 | N/A | 28.5% |
| Others | 4.5 | 4.6 | 4.8 | 1.2 | -35.6% |
| Total | 11.4 | 7.9 | 15.7 | 4.8 | -25.0% |
Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Nigeria in 2022:
- China (23.6K units)
- South Africa (3.0K units)
- United Kingdom (0.3K units)
Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria
For the third year in a row, Nigeria recorded decline in overseas shipments of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, which decreased by 0% to 11K units in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of -55.9% was in 2020. Over the period under review, the exports of reached the peak figure at 50K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $6.7M in 2022. Overall, exports recorded a dramatic setback. The smallest decline of -38.4% was in 2020. The exports peaked at $22M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.7 | 0.2 | N/A | 5.3 | -34.3% |
| China | 2.8 | 2.4 | N/A | 1.2 | -24.6% |
| Cote d'Ivoire | N/A | 10.6 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Total | 21.6 | 13.3 | N/A | 6.7 | -32.3% |
Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Nigeria in 2022:
- United Arab Emirates (8.8K units)
- China (2.0K units)
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