| Product Code: ETC8624483 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria`s external gear pump import shipments in 2024 were primarily sourced from Norway, UK, China, India, and Germany. The market saw a shift in concentration levels from moderate to low in 2024, indicating a more diversified import market. However, the overall Compound Annual Growth Rate (CAGR) for the period 2020-2024 was -13.58%, with a significant decline in growth rate from 2023 to 2024 at -42.66%. This suggests a challenging environment for external gear pump imports in Nigeria, calling for strategic analysis and potential market adaptation.

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 External Gear Pump Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria External Gear Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria External Gear Pump Market - Industry Life Cycle |
3.4 Nigeria External Gear Pump Market - Porter's Five Forces |
3.5 Nigeria External Gear Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria External Gear Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Nigeria External Gear Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and reliable machinery in industries such as oil gas, agriculture, and manufacturing |
4.2.2 Growth in infrastructure development projects driving the need for external gear pumps for various applications |
4.2.3 Technological advancements leading to the development of more energy-efficient and durable external gear pumps |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the overall cost of production for external gear pump manufacturers |
4.3.2 Intense competition from alternative pump technologies impacting market penetration |
4.3.3 Economic instability and currency fluctuations affecting investment decisions in the market |
5 Nigeria External Gear Pump Market Trends |
6 Nigeria External Gear Pump Market, By Types |
6.1 Nigeria External Gear Pump Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria External Gear Pump Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria External Gear Pump Market Revenues & Volume, By Motorless, 2021- 2031F |
6.1.4 Nigeria External Gear Pump Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Nigeria External Gear Pump Market Revenues & Volume, By Two Shaft, 2021- 2031F |
6.2 Nigeria External Gear Pump Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Nigeria External Gear Pump Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Nigeria External Gear Pump Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.2.4 Nigeria External Gear Pump Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.5 Nigeria External Gear Pump Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.6 Nigeria External Gear Pump Market Revenues & Volume, By Automotive Manufacturing, 2021- 2031F |
6.2.7 Nigeria External Gear Pump Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria External Gear Pump Market Import-Export Trade Statistics |
7.1 Nigeria External Gear Pump Market Export to Major Countries |
7.2 Nigeria External Gear Pump Market Imports from Major Countries |
8 Nigeria External Gear Pump Market Key Performance Indicators |
8.1 Average lead time for delivery of external gear pumps to customers |
8.2 Rate of adoption of IoT-enabled external gear pumps in industrial applications |
8.3 Percentage of repeat customers indicating satisfaction with product performance and service |
8.4 Number of new product developments and innovations introduced in the market |
8.5 Percentage increase in aftermarket services revenue for external gear pump suppliers |
9 Nigeria External Gear Pump Market - Opportunity Assessment |
9.1 Nigeria External Gear Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria External Gear Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Nigeria External Gear Pump Market - Competitive Landscape |
10.1 Nigeria External Gear Pump Market Revenue Share, By Companies, 2024 |
10.2 Nigeria External Gear Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |