Nigerian Autos Industry Analysis & 2017 Forecasts
01/08/2014

MarketReportsOnline.com offers “Nigeria Autos Report Q1 2014” Report at US$ 1295 (Single User License). The report got published in January 2014 & Contains 53 Pages

Online PR News – 08-January-2014 – Dallas/Texas – After a 5.5% drop in sales in 2012 (reflective of the tough macroeconomic environment during the year; the July 2012 flooding and ongoing violence in the country), BMI continues to forecast that the new vehicles market will post a strong rebound in 2013 and in 2014, when we forecast a 7.8% rise in sales, to 59,598 units.
The Nigerian economy is set to be one of the continent's strongest performers in 2014. We expect headline real GDP growth to register 7.2%, up from an estimated 6.5% in 2013. Furthermore, coming in at 8.2% year-on-year (y-o-y) in August 2013, inflation is at five-year lows and this will provide a boost to the purchasing power of Nigerian consumers.

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Meanwhile, there are signs that the Nigerian government is finally beginning to shoulder a serious role in encouraging – and protecting - domestic production. Nigeria's Federal Executive Council has approved a new Automotive Industrial Policy Development plan, aimed at addressing the shortcomings of previous policies and attracting investment in domestic production, in order to reduce the country's soaring vehicle import bill. Given the growth in vehicle imports in recent years, BMI believes the level of demand will gain the attention of major manufacturers, assuming the policy can be successfully implemented.

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Table of Contents

BMI Industry View
SWOT
Political
Economic
Business Environment
Industry Forecast
Sales
Table: Nigeria Autos Historical Data & Forecasts, 2010-2017
Passenger Vehicles
Production
Company Developments
Macroeconomic Forecasts
Economic Analysis
Table: Nigeria - Economic Activity
Industry Risk Reward Ratings
Africa - Risk
Table: Autos Risk
Company Profile
Company Monitor
Peugeot Automobile Nigeria
Toyota Nigeria
Regional Overview
Africa Overview
Sometimes It's Who You Know
A Matter Of Price
Cars May Take Longer
Global Industry Overview
Demographic Forecast
Demographic Outlook
Table: Nigeria's Population By Age Group, 1990-2020 ('000)
Table: Nigeria's Population By Age Group, 1990-2020 (% of total)
Table: Nigeria's Key Population Ratios, 1990-2020
Table: Nigeria's Rural And Urban Population, 1990-2020
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk
Table: Automotive Risk

List of Tables

Table: Nigeria Autos Historical Data & Forecasts, 2010-2017
Table: Nigeria - Economic Activity
Table: Autos Risk
Table: Nigeria's Population By Age Group, 1990-2020 ('000)
Table: Nigeria's Population By Age Group, 1990-2020 (% of total)
Table: Nigeria's Key Population Ratios, 1990-2020
Table: Nigeria's Rural And Urban Population, 1990-2020
Table: Automotive Risk

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