Nigeria Metals and Mining Market Summary and Forecast
Nigeria Metals and Mining Market Summary and Forecast
Summary
Metals & Mining in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Metals & Mining in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The metals & mining market includes aluminum, steel, iron ore, coal, base metals, and precious metals. Market volume includes production volume and market value is calculated by multiplying market volume with production price.
- The Nigerian metals & mining industry had total revenues of $1.1 billion in 2022, representing a compound annual growth rate (CAGR) of 12.5% between 2017 and 2022.
- The production volume increased with a CAGR of 2.1% between 2017 and 2022, reaching a total of 746.3 thousand tonnes in 2022.
- Nigeria's mining and metals industry saw a downturn in 2022 as a result of armed banditry, community disputes, and a lack of regulations related to illegal mining.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the metals & mining market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the metals & mining market in Nigeria
- Leading company profiles reveal details of key metals & mining market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria metals & mining market with five year forecasts
- What was the size of the Nigeria metals & mining market by value in 2022?
- What will be the size of the Nigeria metals & mining market in 2027?
- What factors are affecting the strength of competition in the Nigeria metals & mining market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's metals & mining market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the leading mining projects in Nigeria?
7.3. Which international mining corporations have demonstrated interest in Nigeria’s metals and mining industry?
8 COMPANY PROFILES
8.1. Thor Explorations Ltd
8.2. Tree Mines Global Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the leading mining projects in Nigeria?
7.3. Which international mining corporations have demonstrated interest in Nigeria’s metals and mining industry?
8 COMPANY PROFILES
8.1. Thor Explorations Ltd
8.2. Tree Mines Global Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Nigeria metals & mining industry value: $ million, 2017–22
Table 2: Nigeria metals & mining industry volume: thousand tonnes, 2017–22
Table 3: Nigeria metals & mining industry geography segmentation: $ million, 2022
Table 4: Nigeria metals & mining industry value forecast: $ million, 2022–27
Table 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2022–27
Table 6: Thor Explorations Ltd: key facts
Table 7: Thor Explorations Ltd: Annual Financial Ratios
Table 8: Thor Explorations Ltd: Key Employees
Table 9: Tree Mines Global Ltd: key facts
Table 10: Tree Mines Global Ltd: Key Employees
Table 11: Nigeria size of population (million), 2018–22
Table 12: Nigeria gdp (constant 2005 prices, $ billion), 2018–22
Table 13: Nigeria gdp (current prices, $ billion), 2018–22
Table 14: Nigeria inflation, 2018–22
Table 15: Nigeria consumer price index (absolute), 2018–22
Table 16: Nigeria exchange rate, 2018–22
Table 1: Nigeria metals & mining industry value: $ million, 2017–22
Table 2: Nigeria metals & mining industry volume: thousand tonnes, 2017–22
Table 3: Nigeria metals & mining industry geography segmentation: $ million, 2022
Table 4: Nigeria metals & mining industry value forecast: $ million, 2022–27
Table 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2022–27
Table 6: Thor Explorations Ltd: key facts
Table 7: Thor Explorations Ltd: Annual Financial Ratios
Table 8: Thor Explorations Ltd: Key Employees
Table 9: Tree Mines Global Ltd: key facts
Table 10: Tree Mines Global Ltd: Key Employees
Table 11: Nigeria size of population (million), 2018–22
Table 12: Nigeria gdp (constant 2005 prices, $ billion), 2018–22
Table 13: Nigeria gdp (current prices, $ billion), 2018–22
Table 14: Nigeria inflation, 2018–22
Table 15: Nigeria consumer price index (absolute), 2018–22
Table 16: Nigeria exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Nigeria metals & mining industry value: $ million, 2017–22
Figure 2: Nigeria metals & mining industry volume: thousand tonnes, 2017–22
Figure 3: Nigeria metals & mining industry geography segmentation: % share, by value, 2022
Figure 4: Nigeria metals & mining industry value forecast: $ million, 2022–27
Figure 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2022–27
Figure 6: Forces driving competition in the metals & mining industry in Nigeria, 2022
Figure 7: Drivers of buyer power in the metals & mining industry in Nigeria, 2022
Figure 8: Drivers of supplier power in the metals & mining industry in Nigeria, 2022
Figure 9: Factors influencing the likelihood of new entrants in the metals & mining industry in Nigeria, 2022
Figure 10: Factors influencing the threat of substitutes in the metals & mining industry in Nigeria, 2022
Figure 11: Drivers of degree of rivalry in the metals & mining industry in Nigeria, 2022
Figure 1: Nigeria metals & mining industry value: $ million, 2017–22
Figure 2: Nigeria metals & mining industry volume: thousand tonnes, 2017–22
Figure 3: Nigeria metals & mining industry geography segmentation: % share, by value, 2022
Figure 4: Nigeria metals & mining industry value forecast: $ million, 2022–27
Figure 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2022–27
Figure 6: Forces driving competition in the metals & mining industry in Nigeria, 2022
Figure 7: Drivers of buyer power in the metals & mining industry in Nigeria, 2022
Figure 8: Drivers of supplier power in the metals & mining industry in Nigeria, 2022
Figure 9: Factors influencing the likelihood of new entrants in the metals & mining industry in Nigeria, 2022
Figure 10: Factors influencing the threat of substitutes in the metals & mining industry in Nigeria, 2022
Figure 11: Drivers of degree of rivalry in the metals & mining industry in Nigeria, 2022