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  4. > Nigeria Autos Report Q3 2016

Nigeria Autos Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates

BMI View: The removal of fuel subsides in combination with an ailing naira and lack of access to foreigncurrency will continue to stifle growth in the Nigerian autos market. As a result, we forecast a 45.0%contraction in vehicle sales in 2016.Key Views

- An ailing currency will continue putting upward pressure on the prices of imported vehicles andcomponents.

- The ongoing dollar shortage will hamper vehicle manufacturing as a lack of access to hard currencyslows down operations.

- The removal of fuel subsidies, and the resulting increase in fuel prices in Nigeria, will continue to keepinflationary pressures high in the country, reducing consumer purchasing power and keeping vehiclerunning costs high.

Table Of Contents

Nigeria Autos Report Q3 2016
BMI Industry View 5
Key Views 5
SWOT 6
Autos 6
Industry Forecast 8
Table: Autos Total Market - Historical Data And Forecasts (Nigeria 2014-2020) 8
Latest Developments 8
Structural Trends 8
Industry Risk/Reward Index 16
Sub-Saharan Africa - Risk/Reward Index 16
Average Scores Show Room For Improvement 16
Manufacturers Among Outperformers 17
Middle Ground Shows Potential Movers 17
Company Profile 19
Peugeot Automobile Nigeria 19
Regional Overview 20
Sub-Saharan Africa Overview 20
Table: Sub-Saharan Africa Autos Production Investment 20
Export Potential Lures Investment 21
Kenya Becoming CV Hub 21
Nigeria Still Unlikely As A Hub 22
Demographic Forecast 23
Demographic Outlook 23
Table: Population Headline Indicators (Nigeria 1990-2025) 24
Table: Key Population Ratios (Nigeria 1990-2025) 24
Table: Urban/Rural Population and Life Expectancy (Nigeria 1990-2025) 25
Table: Population By Age Group (Nigeria 1990-2025) 25
Table: Population By Age Group % (Nigeria 1990-2025) 26
Methodology 28
Industry Forecasts 28
Sector-Specific Methodology 29
Sources 29
Risk/Reward Index Methodology 30
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 31

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