Price for Surveying Equipment; Theodolites and Tacheometers in Nigeria - 2022

Contents:

  1. Price for Surveying Equipment; Theodolites and Tacheometers in Nigeria (CIF) - 2022
  2. Price for Surveying Equipment; Theodolites and Tacheometers in Nigeria (FOB) - 2022
  3. Imports of Surveying Equipment; Theodolites and Tacheometers in Nigeria
  4. Exports of Surveying Equipment; Theodolites and Tacheometers in Nigeria

Price for Surveying Equipment; Theodolites and Tacheometers in Nigeria (CIF) - 2022

The average import price for surveying equipment; theodolites and tacheometerses stood at $3,273 per unit in 2022, picking up by 311% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The import price peaked at $8,219 per unit in 2012; however, from 2013 to 2022, 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 France ($13,981 per unit), while the price for South Africa ($367 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Surveying Equipment; Theodolites and Tacheometers in Nigeria (FOB) - 2022

In 2022, the average export price for surveying equipment; theodolites and tacheometerses amounted to $6,358 per unit, falling by -1.8% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 122% against the previous year. As a result, the export price reached the peak level of $13,390 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($37,934 per unit), while the average price for exports to Cote d'Ivoire ($3,463 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 Spain (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Surveying Equipment; Theodolites and Tacheometers in Nigeria

In 2022, approx. 58 units of surveying equipment; theodolites and tacheometerses were imported into Nigeria; with a decrease of -45.3% on the previous year. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 960%. Over the period under review, imports reached the peak figure at 128 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, surveying equipment; theodolites and tacheometers imports soared to $191K in 2022. Overall, imports showed a sharp decline. Over the period under review, imports hit record highs at $488K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Surveying Equipment; Theodolites and Tacheometers in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France15829.040.389.2-17.4%
Switzerland77.315.417.743.6-17.4%
Germany2.40.71.517.092.0%
United States1120.73.214.6-49.3%
Spain24.60.44.38.0-31.2%
China75.73.83.56.5-55.9%
South Africa7.01.21.42.7-27.2%
India0.80.40.81.523.3%
Netherlands4.80.60.51.2-37.0%
Japan1.70.20.20.3-43.9%
PolandN/AN/AN/AN/A0%
Australia2.2N/AN/AN/A0%
Others21.52.910.86.7-32.2%
Total48855.284.2191-26.9%

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to Nigeria in 2022:

  1. Switzerland (22.0 units)
  2. South Africa (7.0 units)
  3. United States (7.0 units)
  4. France (6.0 units)
  5. Germany (6.0 units)
  6. Spain (5.0 units)
  7. Netherlands (1.0 units)
  8. Japan (1.0 units)
  9. India (1.0 units)
  10. China (1.0 units)

Exports of Surveying Equipment; Theodolites and Tacheometers in Nigeria

In 2022, overseas shipments of surveying equipment; theodolites and tacheometerses decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a precipitous contraction. The smallest decline of -50% was in 2020. Over the period under review, the exports reached the peak figure at 2 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, surveying equipment; theodolites and tacheometers exports declined to $9.1K in 2022. Overall, exports recorded a slight shrinkage. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $9.7K, and then shrank in the following year.

Export of Surveying Equipment; Theodolites and Tacheometers in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.45.06.15.61.2%
Cote d'Ivoire3.31.13.33.2-1.0%
SpainN/A2.0N/AN/A0%
Others0.70.30.40.3-24.6%
Total9.48.59.79.1-1.1%

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from Nigeria in 2022:

  1. Cote d'Ivoire (1.0 units)

Source: IndexBox Market Intelligence Platform

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