Price for Statuettes and Other Ornamental Ceramic Articles in Nigeria - 2022
Contents:
- Price for Statuettes and Other Ornamental Ceramic Articles in Nigeria (CIF) - 2022
- Price for Statuettes and Other Ornamental Ceramic Articles in Nigeria (FOB) - 2022
- Imports of Statuettes and Other Ornamental Ceramic Articles in Nigeria
- Exports of Statuettes and Other Ornamental Ceramic Articles in Nigeria
Price for Statuettes and Other Ornamental Ceramic Articles in Nigeria (CIF) - 2022
In 2022, the average import price for statuettes and other ornamental ceramic articleses amounted to $783 per ton, falling by -11.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 71% against the previous year. Over the period under review, average import prices reached the maximum at $3,949 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($2,804 per ton), while the price for China ($593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+41.8%), while the prices for the other major suppliers experienced a decline.
Price for Statuettes and Other Ornamental Ceramic Articles in Nigeria (FOB) - 2022
The average export price for statuettes and other ornamental ceramic articleses stood at $3,458 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2016 an increase of 354%. Over the period under review, the average export prices hit record highs at $6,799 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($16,142 per ton), while the average price for exports to Angola ($506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Statuettes and Other Ornamental Ceramic Articles in Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of statuettes and other ornamental ceramic articleses, when their volume increased by 119% to 81 tons. Overall, imports recorded a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of statuettes and other ornamental ceramic articleses soared to $64K in 2022. In general, imports, however, faced a precipitous setback.
| Import of Statuettes and Other Ornamental Ceramic Articles in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 97.2 | 41.8 | 30.0 | 44.9 | -22.7% |
| Switzerland | N/A | N/A | N/A | 11.2 | 0% |
| Netherlands | N/A | N/A | N/A | 3.8 | 0% |
| Others | 34.4 | 6.5 | 2.7 | 3.6 | -52.9% |
| Total | 132 | 48.3 | 32.8 | 63.6 | -21.6% |
Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to Nigeria in 2022:
- China (75.7 tons)
- Switzerland (4.0 tons)
- Netherlands (1.4 tons)
Exports of Statuettes and Other Ornamental Ceramic Articles in Nigeria
In 2022, approx. 15 tons of statuettes and other ornamental ceramic articleses were exported from Nigeria; with an increase of 124% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 425%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of statuettes and other ornamental ceramic articleses skyrocketed to $51K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 953%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Statuettes and Other Ornamental Ceramic Articles in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 6.5 | 34.3 | 427.7% |
| Spain | 2.3 | N/A | N/A | 6.5 | 41.4% |
| Germany | N/A | N/A | N/A | 2.4 | 0% |
| Turkey | N/A | N/A | N/A | 2.1 | 0% |
| Sweden | N/A | N/A | N/A | 1.5 | 0% |
| Angola | 1.4 | 0.5 | 1.6 | 1.3 | -2.4% |
| Niger | 0.4 | N/A | 0.1 | N/A | -50.0% |
| China | N/A | 0.9 | 1.4 | N/A | 55.6% |
| Others | 0.2 | 0.5 | 10.3 | 3.1 | 149.3% |
| Total | 4.3 | 1.9 | 19.8 | 51.1 | 128.2% |
Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from Nigeria in 2022:
- United States (8.9 tons)
- Angola (2.6 tons)
- Turkey (1.2 tons)
- Germany (0.7 tons)
- Sweden (0.6 tons)
- Spain (0.4 tons)
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In value terms, statuettes and other ornamental ceramic articles imports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles imports continue to indicate a mild downtu...
752
In value terms, ceramic articles imports totaled $X in 2016. In general, ceramic articles imports continue to indicate a relatively flat trend pattern. Global ceramic articles import peaked in 2016...
721
In value terms, statuettes and other ornamental ceramic articles exports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles exports continue to indicate a tangible gr...
516
In value terms, ceramic articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over th...
756
In value terms, statuettes and other ornamental ceramic articles imports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles imports continue to indicate a mild downtu...
752
In value terms, ceramic articles imports totaled $X in 2016. In general, ceramic articles imports continue to indicate a relatively flat trend pattern. Global ceramic articles import peaked in 2016...
721
In value terms, statuettes and other ornamental ceramic articles exports amounted to $X in 2016. Overall, statuettes and other ornamental ceramic articles exports continue to indicate a tangible gr...
516
In value terms, ceramic articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over th...
