Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria (CIF) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria (CIF) - 2022
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $24,328 per ton in 2022, picking up by 60% against the previous year. In general, the import price, however, saw a abrupt descent. The growth pace was the most rapid in 2020 an increase of 350%. Over the period under review, average import prices hit record highs at $79,348 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($24,820 per ton), while the price for the United States totaled $20,313 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+2,994.1%), while the prices for the other major suppliers experienced a decline.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria
In 2022, approx. 980 kg of pharmaceutical goods; appliances identifiable for ostomy uses were imported into Nigeria; rising by 59% compared with 2021. Overall, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 390%.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses surged to $24K in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 22.3 | 0% |
| United States | N/A | 0.1 | 0.7 | 1.4 | 274.2% |
| Hong Kong SAR | 0.4 | N/A | N/A | N/A | 0% |
| Thailand | 5.6 | N/A | N/A | N/A | 0% |
| Switzerland | 5.8 | 1.1 | N/A | N/A | -81.0% |
| China | 12.3 | 2.9 | 1.4 | N/A | -66.3% |
| North Macedonia | 0.2 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 6.7 | N/A | 0% |
| Others | N/A | 1.8 | 0.6 | 0.1 | -76.4% |
| Total | 24.4 | 6.0 | 9.4 | 23.8 | -0.8% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Nigeria in 2022:
- Australia (900.0 kg)
- United States (67.0 kg)
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