| Product Code: ETC11220381 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite the high concentration of imports from top countries like China, India, USA, Indonesia, and Japan, the Nigerian two-wheeler components import market experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -14.44% during 2020-2024. The growth rate in 2024 further decreased by -8.17%, indicating a challenging environment for the industry. It will be crucial for stakeholders to closely monitor market dynamics and explore strategies to stimulate demand and drive growth in the coming years.

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 Two-Wheeler Components Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Two-Wheeler Components Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Two-Wheeler Components Market - Industry Life Cycle |
3.4 Nigeria Two-Wheeler Components Market - Porter's Five Forces |
3.5 Nigeria Two-Wheeler Components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Two-Wheeler Components Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Nigeria Two-Wheeler Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Two-Wheeler Components Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Nigeria Two-Wheeler Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for two-wheelers in Nigeria due to rising urbanization and need for affordable transportation options. |
4.2.2 Growth in disposable income levels leading to higher purchasing power for two-wheeler components. |
4.2.3 Government initiatives promoting the use of two-wheelers for efficient city commuting. |
4.3 Market Restraints |
4.3.1 Poor road infrastructure and lack of proper maintenance affecting the performance and lifespan of two-wheeler components. |
4.3.2 Fluctuating raw material prices impacting the manufacturing costs of two-wheeler components. |
4.3.3 Presence of counterfeit products in the market affecting the quality and reliability of genuine two-wheeler components. |
5 Nigeria Two-Wheeler Components Market Trends |
6 Nigeria Two-Wheeler Components Market, By Types |
6.1 Nigeria Two-Wheeler Components Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Two-Wheeler Components Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Two-Wheeler Components Market Revenues & Volume, By Engine Parts, 2021 - 2031F |
6.1.4 Nigeria Two-Wheeler Components Market Revenues & Volume, By Chassis Parts, 2021 - 2031F |
6.1.5 Nigeria Two-Wheeler Components Market Revenues & Volume, By Brake Parts, 2021 - 2031F |
6.1.6 Nigeria Two-Wheeler Components Market Revenues & Volume, By Electrical Components, 2021 - 2031F |
6.2 Nigeria Two-Wheeler Components Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Two-Wheeler Components Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.3 Nigeria Two-Wheeler Components Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.4 Nigeria Two-Wheeler Components Market Revenues & Volume, By Composite, 2021 - 2031F |
6.2.5 Nigeria Two-Wheeler Components Market Revenues & Volume, By Copper, 2021 - 2031F |
6.3 Nigeria Two-Wheeler Components Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Two-Wheeler Components Market Revenues & Volume, By Powertrain Systems, 2021 - 2031F |
6.3.3 Nigeria Two-Wheeler Components Market Revenues & Volume, By Frame and Body, 2021 - 2031F |
6.3.4 Nigeria Two-Wheeler Components Market Revenues & Volume, By Braking System, 2021 - 2031F |
6.3.5 Nigeria Two-Wheeler Components Market Revenues & Volume, By Ignition and Lighting, 2021 - 2031F |
6.4 Nigeria Two-Wheeler Components Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Two-Wheeler Components Market Revenues & Volume, By Motorcycles, 2021 - 2031F |
6.4.3 Nigeria Two-Wheeler Components Market Revenues & Volume, By Scooters, 2021 - 2031F |
6.4.4 Nigeria Two-Wheeler Components Market Revenues & Volume, By Electric Two-Wheelers, 2021 - 2031F |
6.4.5 Nigeria Two-Wheeler Components Market Revenues & Volume, By Performance Bikes, 2021 - 2031F |
7 Nigeria Two-Wheeler Components Market Import-Export Trade Statistics |
7.1 Nigeria Two-Wheeler Components Market Export to Major Countries |
7.2 Nigeria Two-Wheeler Components Market Imports from Major Countries |
8 Nigeria Two-Wheeler Components Market Key Performance Indicators |
8.1 Average utilization rate of two-wheeler components manufacturing facilities. |
8.2 Percentage of components sourced locally versus imported components. |
8.3 Rate of adoption of innovative technologies in the production of two-wheeler components. |
9 Nigeria Two-Wheeler Components Market - Opportunity Assessment |
9.1 Nigeria Two-Wheeler Components Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Two-Wheeler Components Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Nigeria Two-Wheeler Components Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Two-Wheeler Components Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Nigeria Two-Wheeler Components Market - Competitive Landscape |
10.1 Nigeria Two-Wheeler Components Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Two-Wheeler Components 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.
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