Report Update Jan 1, 2025

Nigeria - Machinery for Making or Repairing Articles of Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Hide Repairing Machinery Market 2025

Hide Repairing Machinery Market Size in Nigeria

In 2022, after two years of decline, there was significant growth in the Nigerien hide repairing machinery market, when its value increased by 212% to $X. Overall, consumption, however, continues to indicate a sharp curtailment. Hide repairing machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hide Repairing Machinery Exports

Exports from Nigeria

In 2018, the amount of machinery for making or repairing articles of hides, skins or leather exported from Nigeria stood at X units, approximately mirroring 2017 figures. Overall, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2017. The exports peaked in 2018 and are expected to retain growth in years to come.

In value terms, hide repairing machinery exports totaled $X in 2018. In general, exports saw a deep reduction. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X units) was the main destination for hide repairing machinery exports from Nigeria, with a approx. 100% share of total exports.

From 2016 to 2018, the average annual rate of growth in terms of volume to Benin was relatively modest.

From 2016 to 2018, the average annual growth rate of value to Benin was relatively modest.

Export Prices by Country

In 2018, the average hide repairing machinery export price amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2017 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2018, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2016 to 2018, the rate of growth in terms of prices for Niger amounted to 0.0% per year.

Hide Repairing Machinery Imports

Imports into Nigeria

In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery for making or repairing articles of hides, skins or leather, when their volume increased by 218% to X units. Overall, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 435%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hide repairing machinery imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of 315%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest hide repairing machinery supplier to Nigeria, with a 74% share of total imports. Moreover, hide repairing machinery imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), ninefold. The third position in this ranking was taken by Italy (X units), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.3% per year) and Italy (-20.3% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing articles of hides, skins or leather to Nigeria, comprising 66% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Spain, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-18.1% per year) and Spain (-9.1% per year).

Import Prices by Country

In 2022, the average hide repairing machinery import price amounted to $X per unit, dropping by -4.5% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 35%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for making or repairing articles of hides, skins or leather in the world?

The countries with the highest volumes of hide repairing machinery consumption in 2020 were Taiwan Chinese), Indonesia and Italy, with a combined 56% share of global consumption. These countries were followed by Vietnam, Sweden, Hong Kong SAR, Cambodia, Egypt and India, which together accounted for a further 25%.

What are the largest producers of machinery for making or repairing articles of hides, skins or leather in the world?

The country with the largest volume of hide repairing machinery production was Taiwan Chinese), comprising approx. 50% of total volume. Moreover, hide repairing machinery production in Taiwan Chinese) exceeded the figures recorded by the second-largest producer, Italy, twofold. Sweden ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of machinery for making or repairing articles of hides, skins or leather to Nigeria?

In value terms, China constituted the largest supplier of hide repairing machinery to Nigeria, comprising 85% of total imports. The second position in the ranking was occupied by the United States, with a 15% share of total imports.

What is the average export price for machinery for making or repairing articles of hides, skins or leather in Nigeria?

In 2018, the average hide repairing machinery export price amounted to $278 per unit, approximately mirroring the previous year.

What is the average import price for machinery for making or repairing articles of hides, skins or leather in Nigeria?

In 2020, the average hide repairing machinery import price amounted to $618 per unit, rising by 33% against the previous year.

This report provides an in-depth analysis of the hide repairing machinery market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28943070 - Machinery for making/repairing articles of hides, skins or leather, n.e.c.

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024