Nigeria Autos Report Q1 2016 - New Market Study Published

Renewed vehicle production under the government's new automotive policy will see high average growth of 39% in vehicle production over our forecast period to 2 019. However, vehicle sales growth will be dragged down by high import tariffs over our forecast period.

Key Views

Passenger vehicle production will grow 75% in 2016
Passenger vehicle sales will grow 15% in 2016, coming from a low base
High import tariffs will drag on passenger vehicle sales growth
Renewed passenger vehicle production will be driven by government's new automotive policy
Unreliable electricity supply is a risk to our production forecast

The Nigeria Autos Report features the latest data and forecasts covering production, sales, imports and exports.

BMI Research's Nigeria Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Nigeria.

Full Report Details at
- http://www.fastmr.com/prod/1112413_nigeria_autos_report_q1_2016.aspx?afid=301

Key Benefits

* Benchmark BMI's independent automotives industry forecasts on Nigeria to test other views - a key input for successful budgetary and planning in the Nigerian automotives market.
* Target business opportunities and risks in the Nigerian automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Nigeria.
* Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:

Sales and production of motorcycles in units; total production of units; production by vehicle type (including cars, commercial vehicles, trucks and buses); total vehicle fleet size in units; sales by vehicle type, including passenger cars and commercial vehicles; fleet size by vehicle type, including passenger car, commercial vehicles and motorcycles; total vehicle trade balance in units; vehicle trade balance by vehicle type, including passenger car, commercial vehicle and motorcycle; car ownership measured as car density per 1,000 people.

BMI’s Autos Risk Reward Index


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