Report Update Feb 1, 2025

Nigeria - Railway or Tramway Track Fixtures and Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Nigeria

In 2021, after three years of decline, there was significant growth in the Nigerien railway track fixture market, when its value increased by 46% to $X. Over the period under review, consumption recorded a significant increase. Railway track fixture consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Railway Track Fixture Exports

Exports from Nigeria

Railway track fixture exports from Nigeria skyrocketed to X kg in 2021, growing by 29% compared with the previous year. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 200%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, railway track fixture exports surged to $X in 2021. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 72% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

South Africa (X kg) was the main destination for railway track fixture exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Africa amounted to +45.5%.

In value terms, South Africa ($X) also remains the key foreign market for railway or tramway track fixtures and fittings exports from Nigeria.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa amounted to +29.2%.

Export Prices by Country

In 2021, the average railway track fixture export price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, the export price, however, faced a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 114% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -11.2% per year.

Railway Track Fixture Imports

Imports into Nigeria

In 2021, supplies from abroad of railway or tramway track fixtures and fittings was finally on the rise to reach X tons after three years of decline. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,706%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, railway track fixture imports surged to $X in 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 4,613%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main railway track fixture supplier to Nigeria, with a 91% share of total imports. It was followed by South Africa (X tons), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +118.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+52.7% per year) and the UK (+21.9% per year).

In value terms, China ($X) constituted the largest supplier of railway or tramway track fixtures and fittings to Nigeria, comprising 86% of total imports. The second position in the ranking was taken by the UK ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +166.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+27.1% per year) and South Africa (+67.9% per year).

Import Prices by Country

In 2021, the average railway track fixture import price amounted to $X per ton, surging by 393% against the previous year. Over the period under review, the import price posted buoyant growth. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Djibouti (+6,074.1%), 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 railway or tramway track fixtures and fittings in the world?

The United States constituted the country with the largest volume of railway track fixture consumption, accounting for 67% of total volume. Moreover, railway track fixture consumption in the United States exceeded the figures recorded by the second-largest consumer, the UK, more than tenfold. The third position in this ranking was occupied by Spain, with a 4.3% share.

What are the largest producers of railway or tramway track fixtures and fittings in the world?

The United States constituted the country with the largest volume of railway track fixture production, accounting for 67% of total volume. Moreover, railway track fixture production in the United States exceeded the figures recorded by the second-largest producer, China, more than tenfold. The third position in this ranking was occupied by the UK, with a 4.7% share.

What are the leading suppliers of railway or tramway track fixtures and fittings to Nigeria?

In value terms, China constituted the largest supplier of railway track fixture to Nigeria.

What is the average export price for railway or tramway track fixtures and fittings in Nigeria?

In 2015, the average railway track fixture export price amounted to $5,701 per ton, almost unchanged from the previous year.

What is the average import price for railway or tramway track fixtures and fittings in Nigeria?

In 2021, the average railway track fixture import price amounted to $1,857 per ton, falling by -48.1% against the previous year.

This report provides an in-depth analysis of the railway track fixture 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 399900Z5 - Railway or tramway track fixtures and fittings (excluding sleepers of wood, concrete or steel, sections of track and other track fixtures not yet assembled and railway or tramway track construction material), mechanical, including electromechanical, signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields, parts of the foregoing
Prodcom 25992910 - Railway or tramway track fixtures and fittings and parts thereof
Prodcom 30204050 - Mechanical or electromechanical signalling, safety or traffic control equipment for roads, inland waterways, parking facilities, port installations or airfields
Prodcom 30204060 - Mechanical signalling, safety or traffic control equipment for railways or tramways, parts of mechanical (including electromechanical), signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields

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