| Product Code: ETC274489 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria copper wire and cable import market saw a significant shift in 2024, with top exporting countries including Egypt, Spain, UAE, China, and Germany. Despite a high concentration in 2023, the Herfindahl-Hirschman Index (HHI) remained elevated in 2024. The market experienced a steep decline with a CAGR of -18.57% from 2020 to 2024, and a sharp growth rate decrease of -65.8% from 2023 to 2024. These trends indicate a challenging environment for copper wire and cable imports in Nigeria, necessitating a strategic approach for stakeholders in the industry.

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 Copper Wire And Cable Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Copper Wire And Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Copper Wire And Cable Market - Industry Life Cycle |
3.4 Nigeria Copper Wire And Cable Market - Porter's Five Forces |
3.5 Nigeria Copper Wire And Cable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Copper Wire And Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Nigeria Copper Wire And Cable Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Copper Wire And Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects in Nigeria leading to higher demand for copper wire and cables. |
4.2.2 Growth in the construction industry, particularly in residential and commercial sectors, driving the need for electrical wiring systems. |
4.2.3 Technological advancements and increasing industrial automation requiring more sophisticated copper wire and cable solutions. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for copper wire and cable manufacturers. |
4.3.2 Competition from alternative materials such as aluminum and fiber optics affecting the market share of copper wire and cables. |
4.3.3 Regulatory challenges and compliance requirements influencing the manufacturing and distribution processes. |
5 Nigeria Copper Wire And Cable Market Trends |
6 Nigeria Copper Wire And Cable Market, By Types |
6.1 Nigeria Copper Wire And Cable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Copper Wire And Cable Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Copper Wire And Cable Market Revenues & Volume, By Wire , 2021 - 2031F |
6.1.4 Nigeria Copper Wire And Cable Market Revenues & Volume, By Cable, 2021 - 2031F |
6.2 Nigeria Copper Wire And Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Copper Wire And Cable Market Revenues & Volume, By Low, 2021 - 2031F |
6.2.3 Nigeria Copper Wire And Cable Market Revenues & Volume, By Medium, 2021 - 2031F |
6.2.4 Nigeria Copper Wire And Cable Market Revenues & Volume, By High, 2021 - 2031F |
6.3 Nigeria Copper Wire And Cable Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Copper Wire And Cable Market Revenues & Volume, By Building Wire, 2021 - 2031F |
6.3.3 Nigeria Copper Wire And Cable Market Revenues & Volume, By Communication, 2021 - 2031F |
6.3.4 Nigeria Copper Wire And Cable Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.3.5 Nigeria Copper Wire And Cable Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Copper Wire And Cable Market Import-Export Trade Statistics |
7.1 Nigeria Copper Wire And Cable Market Export to Major Countries |
7.2 Nigeria Copper Wire And Cable Market Imports from Major Countries |
8 Nigeria Copper Wire And Cable Market Key Performance Indicators |
8.1 Average selling price (ASP) of copper wire and cables in Nigeria. |
8.2 Percentage of revenue invested in research and development for innovative copper wire and cable solutions. |
8.3 Number of infrastructure development projects in Nigeria utilizing copper wire and cables. |
8.4 Energy consumption efficiency of copper wire and cable products. |
9 Nigeria Copper Wire And Cable Market - Opportunity Assessment |
9.1 Nigeria Copper Wire And Cable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Copper Wire And Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Nigeria Copper Wire And Cable Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Copper Wire And Cable Market - Competitive Landscape |
10.1 Nigeria Copper Wire And Cable Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Copper Wire And Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |