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HSCODE 5208 import has seen a growth of about -22% in the month of Dec-2015 when compared to Nov-2015 withapprox US XX.X billion of imports reported from Nigeria Import Shipment database.
Total imports of HSCODE 5208 imports in Nigeria, stood at XX.X billion in 2015.In 2015, imports of HSCODE 5208 in Nigeria increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of HSCODE 5208 Imports in Nigeria : Based on import statistics of past few months, HSCODE 5208 imports in Nigeria is expected to increase in size to US$XX.X billion by Jan 2016
Price Analysis of HSCODE 5208 Imports in Nigeria in Dec 2015 show that fastest groiwing price band is US$ 0.0-1.5 for HSCODE 5208 and market has a preference for price range between US$ 0.0-1.5.
The highest number of quantity of HSCODE 5208 import in Nigeria was 1.4 Million in the price band US$ 0.0-1.5 , the second highest quantity came under the price band US$ 1.5-3.0 with 1.1 Million.
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Prices of HSCODE 5208 in Nigeria have fluctuated between $ 0 to $ 15, during the month of Dec-2015.
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As per Nigeria importers's Directory compiled from HSCODE 5208 imports data , there are total 38 Exporters of HSCODE 5208 from Nigeria. Maximum of them fall in price band of $ 0.0-2257.17.
The Exporters of HSCODE 5208 export to Nigeria are shown in the chart along with their price bands.
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Voleba Qualified team collects information from Nigeria HSCODE 5208 import market data for compiling the latest information on HSCODE 5208 Exporters, Buyers, Countries.
In Dec 2015, Nigeria import Data, saw the entry of 0 new importers of Nigeria and 36 new Exporters of India setting foot in the HSCODE 5208 import trade in Nigeria.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 36 | 0 | - | - |
Total | 38 | 0 | - | - |
In Dec 2015, import of HSCODE 5208 to Tincan Lagos Port was most profitable ,followed by Onne and Apapa . The left charts shows the summary of the Imports of HSCODE 5208 at various price bands.
Tincan Lagos Average Prices for HSCODE 5208 import in Nigeria was $ 22.75 ,Onne is $ 59.99 and Apapa is $ 168.01.
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Apapa, Tincan Lagos, Lagos were the leading ports of HSCODE 5208 in Nigeria with a market share of 90.29% with an import value of US$ 3.9 Million as per imports details released by Nigeria import Database.
Apapa has a market share with 59.84% , followed by Tincan Lagos with 16.69% and Lagos with 13.77%
There was an increase in the percentages of HSCODE 5208 imported by Apapa by 59.84% , an increase in the percentages Tincan Lagos by 16.69% and an increase in the percentages Lagos by 13.77%.
Forecast : Luma most likely will continue to remain Kenya's top import port till 2017, Nurat is emerging as the second largest import port, as per the Melamine import data.
Import Export statistics | ||||
---|---|---|---|---|
Port | Growth Rate | Import Value | Avg Price | Profit Margin |
Apapa | 59.84% | |||
Tincan Lagos | 16.69% | |||
Lagos | 13.77% | |||
Onne | 6.01% | |||
Kano | 3.7% |
Apapa, Tincan Lagos, Lagos, Onne, Kano were the fastest growing ports for HSCODE 5208 import in Nigeria.The growth rate of Apapa is 59.84% , Tincan Lagos is 16.69% and Lagos is 13.77% in Dec 2015 , as per imports shipping bills filed in Nigeria Import data.
Tincan Lagos Average Prices for HSCODE 5208 import in Nigeria was $ 22.75 ,Onne is $ 59.99 and Apapa is $ 168.01
Forecast : Kenya's Melamine import at Luma has reached 75% of last year's import with value of around US$ 22 million to about US$ 44 million. If current trend continues in the coming 6 months of this year(2016), we can except 100% growth in Melamine imports from the previous year.
As per Voleba import Data bank of Nigeria Jnpt is the leading exports port for HSCODE 5208 goods , It contributed 77.16% of the country’s HSCODE 5208 shipements from India,adding roughly US$ 3.3 Million worth of imports to the Nigeria Import market.
Bombay Air comes seccond and it handled 17.39% of the country’s HSCODE 5208 imports products. This port handled roughly US$ 754.7 Thousand worth of imports in 2015. Madras Sea comes third in the rank and it handled 2.69% of the country’s HSCODE 5208 imports items, valueing roughly US$ 116.9 Thousand worth of imports in Nigeria.
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