Slide of the month: Vehicle inflow into Nigeria

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1 21/09/2016 © africon GmbH 2016 213 249 270 293 189 139 10 12 12 13 6 5 19 22 25 18 15 11 51 60 60 56 39 28 294 343 368 381 251 184 0 50 100 150 200 250 300 350 400 2011 2012 2013 2014 2015 2016 (est.) Thousands Cars Special purpose Buses Trucks Total excl. smuggling Total incl. smuggling Total inflow of vehicles into Nigeria Around 381,000 vehicles were sold into Nigeria in 2014. In 2016 this number is estimated to decline to around 184,000. Total vehicle inflows into Nigeria (in units 2011 - 2016) Source: Comtrade (2016), africon analysis on smuggled vehicles (2016), NPA (2011-2016) Strong decline due to new automotive policy and limited FOREX

Transcript of Slide of the month: Vehicle inflow into Nigeria

Page 1: Slide of the month: Vehicle inflow into Nigeria

1 21/09/2016 © africon GmbH 2016

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2011 2012 2013 2014 2015 2016 (est.)

Tho

usa

nd

s

Cars Special purpose Buses Trucks Total excl. smuggling Total incl. smuggling

Total inflow of vehicles into Nigeria

Around 381,000 vehicles were sold into Nigeria in 2014. In 2016 this number is estimated to decline to around 184,000.

Total vehicle inflows into Nigeria (in units – 2011 - 2016)

Sou

rce

: Co

mtr

ade

(201

6),

afr

ico

n an

alys

is o

n s

mug

gled

veh

icle

s (2

016

), N

PA (2

011

-201

6)

Strong decline due to new automotive policy and limited

FOREX