| Product Code: ETC8618204 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The ammonia storage tanks import shipments to Nigeria in 2024 saw a notable shift in the market landscape, with China, South Korea, Italy, Belgium, and the USA emerging as the top exporting countries. The market concentration, as measured by the HHI, significantly decreased from very high in 2023 to a more moderate level in 2024. The impressive CAGR of 21.59% from 2020 to 2024 reflects the growing demand in the Nigerian market, further evidenced by the remarkable growth rate of 48.45% from 2023 to 2024. This indicates a dynamic and expanding market for ammonia storage tanks in Nigeria.

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 Ammonia Storage Tanks Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Ammonia Storage Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Ammonia Storage Tanks Market - Industry Life Cycle |
3.4 Nigeria Ammonia Storage Tanks Market - Porter's Five Forces |
3.5 Nigeria Ammonia Storage Tanks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Ammonia Storage Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Ammonia Storage Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Nigeria leading to higher demand for ammonia storage tanks |
4.2.2 Growing agriculture sector in Nigeria driving the need for ammonia storage tanks for fertilizer storage |
4.2.3 Government initiatives to enhance infrastructure and storage facilities in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up ammonia storage tanks |
4.3.2 Lack of skilled workforce for maintenance and operation of storage tanks |
4.3.3 Regulatory challenges and compliance requirements in the ammonia storage industry in Nigeria |
5 Nigeria Ammonia Storage Tanks Market Trends |
6 Nigeria Ammonia Storage Tanks Market, By Types |
6.1 Nigeria Ammonia Storage Tanks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Ammonia Storage Tanks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Ammonia Storage Tanks Market Revenues & Volume, By Single-wall Tank, 2021- 2031F |
6.1.4 Nigeria Ammonia Storage Tanks Market Revenues & Volume, By Double-wall Tank, 2021- 2031F |
6.2 Nigeria Ammonia Storage Tanks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Ammonia Storage Tanks Market Revenues & Volume, By Chemical, 2021- 2031F |
6.2.3 Nigeria Ammonia Storage Tanks Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Nigeria Ammonia Storage Tanks Market Import-Export Trade Statistics |
7.1 Nigeria Ammonia Storage Tanks Market Export to Major Countries |
7.2 Nigeria Ammonia Storage Tanks Market Imports from Major Countries |
8 Nigeria Ammonia Storage Tanks Market Key Performance Indicators |
8.1 Average capacity utilization rate of existing ammonia storage tanks in Nigeria |
8.2 Number of new infrastructure projects in the industrial and agriculture sectors requiring storage tanks |
8.3 Compliance rate with safety and environmental regulations in the operation of ammonia storage tanks |
9 Nigeria Ammonia Storage Tanks Market - Opportunity Assessment |
9.1 Nigeria Ammonia Storage Tanks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Ammonia Storage Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Ammonia Storage Tanks Market - Competitive Landscape |
10.1 Nigeria Ammonia Storage Tanks Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Ammonia Storage Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |