Electric furnace parts imports in Nigeria: data, top suppliers and prices
Nigeria imported $3.3 million of electric furnace parts in 2024 (994 tonnes). That is 50% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $6.7 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $3.3M | 994 t |
| 2023 | $6.7M | 840 t |
| 2022 | $3.8M | 877 t |
| 2021 | $4.4M | 1.2K t |
| 2020 | $1.5M | 220 t |
| 2019 | $1.2M | 354 t |
| 2018 | $1.4M | 270 t |
| 2017 | $2.1M | 210 t |
Where Nigeria imports electric furnace parts from
The largest suppliers were India (41%), China (40%), Germany (9%). Among the main suppliers, Spain grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| India | $1.4M | 41% |
| China | $1.3M | 40% |
| Germany | $284K | 8.6% |
| Spain | $102K | 3.1% |
| Turkey | $57K | 1.7% |
| Malaysia | $57K | 1.7% |
| Italy | $46K | 1.4% |
| Canada | $39K | 1.2% |
| United States | $16K | 0.5% |
| Taiwan | $7K | 0.2% |
Average import price per kg
The average declared value was about $3.34 per kg, 82% below the world average of $18.72, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria electric furnace parts imports (HS 8514.90): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8514.90: Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514.
Common questions
What is the value of electric furnace parts imported by Nigeria?
Nigeria imported electric furnace parts worth $3.3 million in 2024, the latest year with complete public data, about 994 tonnes. That ranks it 56th of 194 countries worldwide, with 0% of world imports. The value was down 50% on 2023.
Which countries supply electric furnace parts to Nigeria?
India was the largest supplier with 41% of the value ($1.4 million), followed by China (40%) and Germany (9%). The top three together account for 89%, out of 21 supplier countries in total. Italy grew fastest among the top ten, up 166% on the year.
What is the average import price of electric furnace parts per kg?
The average declared import value was about $3.34 per kg in 2024, 82% below the world average of $18.72 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of electric furnace parts to Nigeria changed since 2017?
Imports went from $2.1 million in 2017 to $3.3 million in 2024, an increase of 59%. The peak was 2023 at $6.7 million. Over 8 years the average was $3.0 million a year.
What is the HS code for electric furnace parts?
The HS code for electric furnace parts is subheading 8514.90. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8514 page.
How can I find the companies behind this trade?
Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World electric furnace parts trade: top importers and exporters
More trade data for Nigeria
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