| Product Code: ETC8634603 | 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 |
Despite a significant decline in the growth rate of Nigeria`s rowing oars import shipments in 2024, the market remains highly concentrated with top exporting countries being China, Spain, Malta, India, and Lebanon. The high Herfindahl-Hirschman Index (HHI) indicates a consolidated market structure. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 suggests challenges in the industry, while the sharp decline in growth rate from 2023 to 2024 highlights potential recent obstacles faced by importers. Monitoring these trends will be crucial for stakeholders navigating the Nigerian rowing oars market.

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 Rowing Oars Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Rowing Oars Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Rowing Oars Market - Industry Life Cycle |
3.4 Nigeria Rowing Oars Market - Porter's Five Forces |
3.5 Nigeria Rowing Oars Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Nigeria Rowing Oars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in water sports and recreational activities in Nigeria |
4.2.2 Growth in disposable income leading to higher spending on leisure activities |
4.2.3 Government initiatives promoting sports and physical fitness |
4.3 Market Restraints |
4.3.1 Limited awareness and availability of rowing oars in the market |
4.3.2 High import duties and taxes on sporting goods |
4.3.3 Lack of infrastructure and facilities for water sports in Nigeria |
5 Nigeria Rowing Oars Market Trends |
6 Nigeria Rowing Oars Market, By Types |
6.1 Nigeria Rowing Oars Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Rowing Oars Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Nigeria Rowing Oars Market Revenues & Volume, By Carbon, 2021- 2031F |
6.1.4 Nigeria Rowing Oars Market Revenues & Volume, By Wooden, 2021- 2031F |
6.1.5 Nigeria Rowing Oars Market Revenues & Volume, By Fiberglass, 2021- 2031F |
6.1.6 Nigeria Rowing Oars Market Revenues & Volume, By Aluminum, 2021- 2031F |
6.1.7 Nigeria Rowing Oars Market Revenues & Volume, By Plastic, 2021- 2031F |
7 Nigeria Rowing Oars Market Import-Export Trade Statistics |
7.1 Nigeria Rowing Oars Market Export to Major Countries |
7.2 Nigeria Rowing Oars Market Imports from Major Countries |
8 Nigeria Rowing Oars Market Key Performance Indicators |
8.1 Participation rate in rowing events or clubs |
8.2 Number of rowing competitions and events held in Nigeria |
8.3 Availability of rowing oars in local stores or online marketplaces |
8.4 Investment in water sports infrastructure and facilities |
8.5 Number of rowing instructors or coaches in Nigeria |
9 Nigeria Rowing Oars Market - Opportunity Assessment |
9.1 Nigeria Rowing Oars Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Nigeria Rowing Oars Market - Competitive Landscape |
10.1 Nigeria Rowing Oars Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Rowing Oars 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.
To discover high-growth global markets and optimize your business strategy:
Click Here