LED and LCD indicator panels imports in Nigeria: data, top suppliers and prices
Imports of led and lcd indicator panels by Nigeria reached $4.7 million in 2024 (291 tonnes). Value rose 18% on 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $6.3 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 | $4.7M | 291 t |
| 2023 | $3.9M | 208 t |
| 2022 | $4.4M | 218 t |
| 2021 | $6.3M | 115 t |
| 2020 | $3.0M | 106 t |
| 2019 | $4.7M | 110 t |
| 2018 | $5.1M | 36 t |
| 2017 | $4.2M | 25 t |
Where Nigeria imports led and lcd indicator panels from
Most of the value came from United States (47%), China (30%), Germany (6%). Among the main suppliers, Italy grew fastest (+826% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United States | $2.2M | 47% |
| China | $1.4M | 30% |
| Germany | $270K | 5.8% |
| Italy | $266K | 5.7% |
| United Kingdom | $143K | 3.1% |
| Australia | $95K | 2% |
| Netherlands | $89K | 1.9% |
| South Africa | $43K | 0.9% |
| Greece | $41K | 0.9% |
| Turkey | $32K | 0.7% |
Average import price per kg
The average declared value was about $16.03 per kg, 81% below the world average of $83.98, 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 led and lcd indicator panels imports (HS 8531.20): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 8531.20: Signalling apparatus: electric, sound or visual, indicator panels incorporating liquid crystal devices (LCD) or light-emitting diodes (LED), excluding those of heading no. 8512 or 8530.
Common questions
What is the value of led and lcd indicator panels imported by Nigeria?
Nigeria imported led and lcd indicator panels worth $4.7 million in 2024, the latest year with complete public data, about 291 tonnes. That ranks it 65th of 217 countries worldwide, with 0% of world imports. The value was up 18% on 2023.
Which countries supply led and lcd indicator panels to Nigeria?
The United States was the largest supplier with 47% of the value ($2.2 million), followed by China (30%) and Germany (6%). The top three together account for 82%, out of 32 supplier countries in total. Italy grew fastest among the top ten, up 826% on the year.
What is the average import price of led and lcd indicator panels per kg?
The average declared import value was about $16.03 per kg in 2024, 81% below the world average of $83.98 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of led and lcd indicator panels to Nigeria changed since 2017?
Imports went from $4.2 million in 2017 to $4.7 million in 2024, an increase of 10%. The peak was 2021 at $6.3 million. Over 8 years the average was $4.5 million a year.
What is the HS code for led and lcd indicator panels?
The HS code for led and lcd indicator panels is subheading 8531.20. 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 8531 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Nigeria. Tell us your product to see it live.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.