Slide of the month- Construction machinery imports in Nigeria

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Transcript of Slide of the month- Construction machinery imports in Nigeria

Page 1: Slide of the month- Construction machinery imports in Nigeria

1 21/03/2017 © africon GmbH 2016

New unit sales in Nigeria

From a peak of close to 4,500 imported units, the Nigerian market has collapsed to a meagre ~1,600 in 2015.

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2011 2012 2013 2014 2015

Earth Moving / road making equipment Shovels and excavators with revolving structure

Front end shovel loaders Tamping machines and road levellers

Scrapers Graders and levellers

Bulldozers and angledozers, wheeled Bulldozers and angledozers, crawlers

New & used construction machinery imports (In units)

Comments

• Expected for 2016: further drastic decline

• Includes used and new • Reported as: exports from

international customs, in line with estimates from local dealers

• New sales 2015: 250-300 units • New sales 2016: close to 0

Sou

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: In

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Used [POURCE

NTAGE]

New 20%