Report Update Jan 1, 2025

Nigeria - Tamping or Compacting Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Tamping Machinery Market 2025

Tamping Machinery Market Size in Nigeria

The Nigerien tamping machinery market dropped sharply to $X in 2021, waning by -76.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Tamping Machinery Exports

Exports from Nigeria

In 2021, exports of tamping or compacting machinery from Nigeria was estimated at X units, leveling off at the year before. Overall, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2016 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, tamping machinery exports totaled $X in 2021. In general, exports recorded a significant decline. The smallest decline of -41.7% was in 2015. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X units) was the main destination for tamping machinery 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 Benin was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Benin was relatively modest.

Export Prices by Country

In 2021, the average tamping machinery export price amounted to $X per unit, remaining stable against the previous year. In general, the export price continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2013 a decrease of -5.2%. The export price peaked at $X per unit 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 Benin.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -4.9% per year.

Tamping Machinery Imports

Imports into Nigeria

In 2021, the amount of tamping or compacting machinery imported into Nigeria declined remarkably to X units, which is down by -74.2% against the previous year's figure. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 564%. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, tamping machinery imports fell sharply to $X in 2021. In general, imports, however, posted a slight increase. The most prominent rate of growth was recorded in 2020 with an increase of 419%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest tamping machinery supplier to Nigeria, accounting for a 82% share of total imports. Moreover, tamping machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.1% per year) and the United Arab Emirates (+20.0% per year).

In value terms, China ($X) constituted the largest supplier of tamping or compacting machinery to Nigeria, comprising 69% of total imports. The second position in the ranking was held by Germany ($X), with an 8% share of total imports. It was followed by Canada, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.3% per year) and Canada (+2.2% per year).

Import Prices by Country

The average tamping machinery import price stood at $X per unit in 2021, declining by -25% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, 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 Germany ($X per unit), while the price for the United States ($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 United Arab Emirates (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tamping or compacting machinery in the world?

South Africa remains the largest tamping machinery consuming country worldwide, accounting for 37% of total volume. Moreover, tamping machinery consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by the United States, with a 9.7% share.

What are the largest producers of tamping or compacting machinery in the world?

The country with the largest volume of tamping machinery production was China, accounting for 52% of total volume. Moreover, tamping machinery production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by India, with a 9.6% share.

What are the leading suppliers of tamping or compacting machinery to Nigeria?

In value terms, China constituted the largest supplier of tamping machinery to Nigeria, comprising 89% of total imports. The second position in the ranking was occupied by France, with an 8.6% share of total imports.

What is the average export price for tamping or compacting machinery in Nigeria?

The average tamping machinery export price stood at $133 per unit in 2021, almost unchanged from the previous year.

What is the average import price for tamping or compacting machinery in Nigeria?

In 2021, the average tamping machinery import price amounted to $1,156 per unit, which is down by -27.2% against the previous year.

This report provides an in-depth analysis of the tamping 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 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)

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