Report Update Jan 1, 2025

Nigeria - Machinery for Preparing, Tanning or Working Hides, Skins or Leather - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Hide Preparing Machinery Market 2025

Hide Preparing Machinery Market Size in Nigeria

After two years of decline, the Nigerien hide preparing machinery market increased by 20% to $X in 2022. In general, consumption, however, saw a abrupt contraction. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Hide Preparing Machinery Exports

Exports from Nigeria

In 2018, exports of machinery for preparing, tanning or working hides, skins or leather from Nigeria amounted to less than X units, standing approx. at 2017 figures. Over the period under review, exports showed a sharp decline. The smallest decline of -66.7% was in 2013. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.

In value terms, hide preparing machinery exports totaled $X in 2018. Overall, exports showed a precipitous setback. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2018, the growth of the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2013, the average annual growth rate of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for machinery for preparing, tanning or working hides, skins or leather exports from Nigeria.

From 2012 to 2013, the average annual growth rate of value to India totaled +204.3%.

Export Prices by Country

In 2013, the average hide preparing machinery export price amounted to $X per unit, increasing by 335% against the previous year. In general, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2013, the rate of growth in terms of prices for India amounted to +204.3% per year.

Hide Preparing Machinery Imports

Imports into Nigeria

In 2022, purchases abroad of machinery for preparing, tanning or working hides, skins or leather was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2019 with an increase of 298%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, hide preparing machinery imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 214% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of hide preparing machinery imports to Nigeria, together comprising 46% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +19.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Germany ($X) appeared to be the largest hide preparing machinery suppliers to Nigeria, with a combined 56% share of total imports.

Germany, with a CAGR of +28.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hide preparing machinery import price amounted to $X per unit, picking up by 14% against the previous year. In general, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 an increase of 41%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.4%), 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 preparing, tanning or working hides, skins or leather in the world?

The countries with the highest volumes of in 2021 were China, Spain and Italy, with a combined 45% share of global consumption. These countries were followed by Vietnam, Sudan, the UK, Myanmar, Austria, Brazil, the United States, Switzerland, Indonesia and Thailand, which together accounted for a further 34%.

What are the largest producers of machinery for preparing, tanning or working hides, skins or leather in the world?

The countries with the highest volumes of in 2021 were Italy, China and Spain, together comprising 84% of global production. Sudan and Brazil lagged somewhat behind, together accounting for a further 6.1%.

What are the leading suppliers of machinery for preparing, tanning or working hides, skins or leather to Nigeria?

In value terms, Italy and China were the largest hide preparing machinery suppliers to Nigeria.

What is the average export price for machinery for preparing, tanning or working hides, skins or leather in Nigeria?

The average hide preparing machinery export price stood at $24,004 per unit in 2018, leveling off at the previous year.

What is the average import price for machinery for preparing, tanning or working hides, skins or leather in Nigeria?

In 2021, the average hide preparing machinery import price amounted to $106,116 per unit, rising by 18% against the previous year.

This report provides an in-depth analysis of the hide preparing 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 28943030 - Machinery for preparing, tanning or working hides, skins or leather

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