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Report Nigeria - Side Cars for Motorcycles & Cycles With Auxiliary Motors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Nigeria - Side Cars for Motorcycles & Cycles With Auxiliary Motors - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Cycles with Auxiliary Motors and Side Cars 2025

Market Size for Cycles with Auxiliary Motors and Side Cars in Nigeria

For the third year in a row, the Nigerien market for cycles with auxiliary motors and side cars recorded growth in sales value, which increased by 579% to $X in 2021. Overall, consumption saw significant growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Exports of Cycles with Auxiliary Motors and Side Cars

Exports from Nigeria

In 2021, exports of cycles with auxiliary motors and side cars from Nigeria fell sharply to X units, declining by -50% on the year before. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2015 with an increase of 1,028% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cycles with auxiliary motors and side cars declined rapidly to $X in 2021. Overall, exports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2015 when exports increased by 1,968%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Niger (X units) was the main destination for exports of cycles with auxiliary motors and side cars from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Niger was relatively modest.

In value terms, Niger ($X) also remains the key foreign market for cycles with auxiliary motors and side cars exports from Nigeria.

From 2012 to 2021, the average annual growth rate of value to Niger totaled +1.5%.

Export Prices by Country

The average export price for cycles with auxiliary motors and side cars stood at $X per unit in 2021, jumping by 47% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 95%. Over the period under review, the average export prices attained the peak figure in 2021 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 Niger.

From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to -37.7% per year.

Imports of Cycles with Auxiliary Motors and Side Cars

Imports into Nigeria

For the third consecutive year, Nigeria recorded growth in purchases abroad of cycles with auxiliary motors and side cars, which increased by 570% to X units in 2021. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 612%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of cycles with auxiliary motors and side cars skyrocketed to $X in 2021. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 609% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of cycle with auxiliary motor and side car to Nigeria, accounting for a 85% share of total imports. Moreover, imports of cycles with auxiliary motors and side cars from China exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold. Turkey (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +134.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+141.2% per year) and Turkey (+99.0% per year).

In value terms, the largest cycle with auxiliary motor and side car suppliers to Nigeria were the UK ($X), China ($X) and the United States ($X), with a combined 5.3% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +41.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for cycles with auxiliary motors and side cars amounted to $X per unit, with an increase of 1.9% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 6.2% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-41.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption of cycles with auxiliary motors and side cars in 2020 were the United States, Germany and China, together accounting for 32% of global consumption. France, Pakistan, Japan, the Netherlands, Canada, Belgium, Spain, Turkey, the UK and the Philippines lagged somewhat behind, together comprising a further 32%.
China remains the largest cycle with auxiliary motor and side car producing country worldwide, comprising approx. 61% of total volume. Moreover, production of cycles with auxiliary motors and side cars in China exceeded the figures recorded by the second-largest producer, the United States, sevenfold. Pakistan ranked third in terms of total production with a 3.4% share.
In value terms, Thailand, China and Japan were the largest cycle with auxiliary motor and side car suppliers to Nigeria, together comprising 73% of total imports. These countries were followed by the United States, the UK, Turkey and South Korea, which together accounted for a further 25%.
In value terms, Gambia $618) remains the key foreign market for cycle with auxiliary motor and side car exports from Nigeria.
In 2020, the average export price for cycles with auxiliary motors and side cars amounted to $10 per unit, which is down by -27.6% against the previous year.
In 2020, the average import price for cycles with auxiliary motors and side cars amounted to $369 per unit, which is down by -26% against the previous year.

This report provides an in-depth analysis of the market for cycle with auxiliary motor and side car 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 30911300 - Side cars for motorcycles, cycles with auxiliary motors other than reciprocating internal combustion piston engine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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