| Product Code: ETC12443997 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of aircraft engine forgings to Nigeria in 2024 continued to be dominated by key exporting countries such as the USA, UK, China, South Korea, and South Africa. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 reflects steady expansion at 1.35%, with a notable growth spike of 98.55% from 2023 to 2024. This data suggests a strong demand for aircraft engine forgings in Nigeria, driven by technological advancements and increasing investments in the aviation sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Aircraft Engine Forging Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Aircraft Engine Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Aircraft Engine Forging Market - Industry Life Cycle |
3.4 Nigeria Aircraft Engine Forging Market - Porter's Five Forces |
3.5 Nigeria Aircraft Engine Forging Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Aircraft Engine Forging Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Aircraft Engine Forging Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
4 Nigeria Aircraft Engine Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Aircraft Engine Forging Market Trends |
6 Nigeria Aircraft Engine Forging Market, By Types |
6.1 Nigeria Aircraft Engine Forging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Titanium Forgings, 2021 - 2031F |
6.1.4 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Steel Forgings, 2021 - 2031F |
6.1.5 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Aluminum Forgings, 2021 - 2031F |
6.2 Nigeria Aircraft Engine Forging Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Engine Components, 2021 - 2031F |
6.2.3 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Structural Components, 2021 - 2031F |
6.3 Nigeria Aircraft Engine Forging Market, By Aircraft Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Commercial Aircraft, 2021 - 2031F |
6.3.3 Nigeria Aircraft Engine Forging Market Revenues & Volume, By Military Aircraft, 2021 - 2031F |
7 Nigeria Aircraft Engine Forging Market Import-Export Trade Statistics |
7.1 Nigeria Aircraft Engine Forging Market Export to Major Countries |
7.2 Nigeria Aircraft Engine Forging Market Imports from Major Countries |
8 Nigeria Aircraft Engine Forging Market Key Performance Indicators |
9 Nigeria Aircraft Engine Forging Market - Opportunity Assessment |
9.1 Nigeria Aircraft Engine Forging Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Aircraft Engine Forging Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Aircraft Engine Forging Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
10 Nigeria Aircraft Engine Forging Market - Competitive Landscape |
10.1 Nigeria Aircraft Engine Forging Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Aircraft Engine Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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