| Product Code: ETC8618710 | 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 auto parts manufacturing import shipments to Nigeria in 2024 continued to be dominated by top exporting countries such as China, Japan, USA, Belgium, and Hong Kong. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong compound annual growth rate (CAGR) of 15.63% from 2020 to 2024, the industry shows significant expansion. Additionally, the growth rate for 2023 to 2024 at 4.26% reflects a steady upward trend in the import of auto parts manufacturing goods to 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 Auto Parts Manufacturing Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Auto Parts Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Auto Parts Manufacturing Market - Industry Life Cycle |
3.4 Nigeria Auto Parts Manufacturing Market - Porter's Five Forces |
3.5 Nigeria Auto Parts Manufacturing Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.6 Nigeria Auto Parts Manufacturing Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Nigeria Auto Parts Manufacturing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Nigeria Auto Parts Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Nigeria |
4.2.2 Government initiatives to promote local manufacturing in the auto industry |
4.2.3 Growth in the construction and infrastructure sector leading to higher demand for auto parts |
4.3 Market Restraints |
4.3.1 Dependence on imported auto parts due to limited domestic manufacturing capabilities |
4.3.2 High production costs and lack of advanced technology in the manufacturing process |
5 Nigeria Auto Parts Manufacturing Market Trends |
6 Nigeria Auto Parts Manufacturing Market, By Types |
6.1 Nigeria Auto Parts Manufacturing Market, By Component Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Component Type, 2021- 2031F |
6.1.3 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Battery, 2021- 2031F |
6.1.4 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Cooling System, 2021- 2031F |
6.1.5 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Underbody Components, 2021- 2031F |
6.1.6 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Engine Components, 2021- 2031F |
6.1.7 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Automotive Filter, 2021- 2031F |
6.1.8 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Lighting Components, 2021- 2031F |
6.1.9 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Auto Parts Manufacturing Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.3 Nigeria Auto Parts Manufacturing Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.3.3 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.3.4 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
6.3.5 Nigeria Auto Parts Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Auto Parts Manufacturing Market Import-Export Trade Statistics |
7.1 Nigeria Auto Parts Manufacturing Market Export to Major Countries |
7.2 Nigeria Auto Parts Manufacturing Market Imports from Major Countries |
8 Nigeria Auto Parts Manufacturing Market Key Performance Indicators |
8.1 Percentage of locally sourced raw materials used in auto parts manufacturing |
8.2 Number of new partnerships or collaborations between local manufacturers and international auto parts companies |
8.3 Investment in research and development for new auto parts technologies |
8.4 Percentage increase in skilled labor force in the auto parts manufacturing sector |
8.5 Adoption rate of sustainable manufacturing practices in the industry |
9 Nigeria Auto Parts Manufacturing Market - Opportunity Assessment |
9.1 Nigeria Auto Parts Manufacturing Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.2 Nigeria Auto Parts Manufacturing Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Nigeria Auto Parts Manufacturing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Nigeria Auto Parts Manufacturing Market - Competitive Landscape |
10.1 Nigeria Auto Parts Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Auto Parts Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |