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HSCODE 71171990 import has seen a growth of about 7% 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 71171990 imports in Nigeria, stood at XX.X billion in 2015.In 2015, imports of HSCODE 71171990 in Nigeria increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of HSCODE 71171990 Imports in Nigeria : Based on import statistics of past few months, HSCODE 71171990 imports in Nigeria is expected to increase in size to US$XX.X billion by Jan 2016
Price Analysis of HSCODE 71171990 Imports in Nigeria in Dec 2015 show that fastest groiwing price band is US$ 0.0-4.56 for HSCODE 71171990 and market has a preference for price range between US$ 0.0-4.56.
The highest number of quantity of HSCODE 71171990 import in Nigeria was 360.2 Thousand in the price band US$ 0.0-4.56 , the second highest quantity came under the price band US$ 4.56-9.06 with 14.9 Thousand.
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Prices of HSCODE 71171990 in Nigeria have fluctuated between $ 0.07 to $ 45, during the month of Dec-2015.
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As per Nigeria importers's Directory compiled from HSCODE 71171990 imports data , there are total 15 Exporters of HSCODE 71171990 from Nigeria. Maximum of them fall in price band of $ 0.0-8.31.
The Exporters of HSCODE 71171990 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 71171990 import market data for compiling the latest information on HSCODE 71171990 Exporters, Buyers, Countries.
In Dec 2015, Nigeria import Data, saw the entry of 0 new importers of Nigeria and 13 new Exporters of India setting foot in the HSCODE 71171990 import trade in Nigeria.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 13 | 0 | - | - |
Total | 15 | 0 | - | - |
In Dec 2015, import of HSCODE 71171990 to Apapa Port was most profitable ,followed by Tincan Lagos and Lagos . The left charts shows the summary of the Imports of HSCODE 71171990 at various price bands.
Apapa Average Prices for HSCODE 71171990 import in Nigeria was $ 6.3 ,Tincan Lagos is $ 43.04 and Lagos is $ 271.16.
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Tincan Lagos, Kano, Apapa were the leading ports of HSCODE 71171990 in Nigeria with a market share of 92.22% with an import value of US$ 353.7 Thousand as per imports details released by Nigeria import Database.
Tincan Lagos has a market share with 41.55% , followed by Kano with 40.17% and Apapa with 10.5%
There was an increase in the percentages of HSCODE 71171990 imported by Tincan Lagos by 41.55% , an increase in the percentages Kano by 40.17% and an increase in the percentages Apapa by 10.5%.
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 |
Tincan Lagos | 41.55% | |||
Kano | 40.17% | |||
Apapa | 10.5% | |||
Lagos | 7.78% |
Tincan Lagos, Kano, Apapa, Lagos were the fastest growing ports for HSCODE 71171990 import in Nigeria.The growth rate of Tincan Lagos is 41.55% , Kano is 40.17% and Apapa is 10.5% in Dec 2015 , as per imports shipping bills filed in Nigeria Import data.
Apapa Average Prices for HSCODE 71171990 import in Nigeria was $ 6.3 ,Tincan Lagos is $ 43.04 and Lagos is $ 271.16
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 Mulund Cfs is the leading exports port for HSCODE 71171990 goods , It contributed 43.32% of the country’s HSCODE 71171990 shipements from India,adding roughly US$ 166.1 Thousand worth of imports to the Nigeria Import market.
Bombay Air comes seccond and it handled 40.74% of the country’s HSCODE 71171990 imports products. This port handled roughly US$ 156.3 Thousand worth of imports in 2015. Jnpt comes third in the rank and it handled 12.6% of the country’s HSCODE 71171990 imports items, valueing roughly US$ 48.3 Thousand worth of imports in Nigeria.
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