Metals & Mining in Nigeria

October 2024 | 42 pages | ID: M8F56A7B5886EN
MarketLine

Abstracts

Metals & Mining in Nigeria

Summary

Metals & Mining in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Metals & mining market includes aluminium, steel, iron ore, coal, base metals, and precious metals. Market volume represents production volume and market value is calculated by multiplying market volume with production price.
• The Nigerian metals & mining industry recorded revenues of $1.5 billion in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
• The production volume increased with a CAGR of 0.7% between 2018 and 2023, reaching 3.8 million tonnes in 2023.
• Nigeria held a 0.04% share of the global metals & mining industry in 2023.

Scope

• 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 by both value and volume

Reasons to Buy

• What was the size of the Nigeria metals & mining market by value in 2023?
• What will be the size of the Nigeria metals & mining market in 2028?
• What factors are affecting the strength of competition in the Nigeria metals & mining market?
• How has the market performed over the last five years?
• Who are the top competitors in Nigeria's metals & mining market?

Contents

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 strategies do the leading players follow?
7.3. What have been the most recent market developments?

8 COMPANY PROFILES

8.1. Thor Explorations Ltd
8.2. Multiverse Mining and Exploration PLC
8.3. African Natural Resources and Mines Ltd
8.4. 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

LIST OF TABLES

Table 1: Nigeria metals & mining industry value: $ million, 2018-23
Table 2: Nigeria metals & mining industry volume: thousand tonnes, 2018-23
Table 3: Nigeria metals & mining industry geography segmentation: $ million, 2023
Table 4: Nigeria metals & mining industry value forecast: $ million, 2023-28
Table 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2023-28
Table 6: Thor Explorations Ltd: Key Facts
Table 7: Thor Explorations Ltd: Annual Financial Ratios
Table 8: Thor Explorations Ltd: Key Employees
Table 9: Multiverse Mining and Exploration PLC: Key Facts
Table 10: Multiverse Mining and Exploration PLC: Annual Financial Ratios
Table 11: Multiverse Mining and Exploration PLC: Key Employees
Table 12: African Natural Resources and Mines Ltd: Key Facts
Table 13: African Natural Resources and Mines Ltd: Key Employees
Table 14: Tree Mines Global Ltd: Key Facts
Table 15: Tree Mines Global Ltd: Key Employees
Table 16: Nigeria Size of Population (million), 2019-23
Table 17: Nigeria Real GDP (constant 2010 prices, $ billion), 2019-23
Table 18: Nigeria GDP (current prices, $ billion), 2019-23
Table 19: Nigeria Inflation, 2019-23
Table 20: Nigeria Consumer Price Index (absolute), 2019-23
Table 21: Nigeria Exchange Rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: Nigeria metals & mining industry value: $ million, 2018-23
Figure 2: Nigeria metals & mining industry volume: thousand tonnes, 2018-23
Figure 3: Nigeria metals & mining industry geography segmentation: % share, by value, 2023
Figure 4: Nigeria metals & mining industry value forecast: $ million, 2023-28
Figure 5: Nigeria metals & mining industry volume forecast: thousand tonnes, 2023-28
Figure 6: Forces driving competition in the metals & mining industry in Nigeria, 2023
Figure 7: Drivers of buyer power in the metals & mining industry in Nigeria, 2023
Figure 8: Drivers of supplier power in the metals & mining industry in Nigeria, 2023
Figure 9: Factors influencing the likelihood of new entrants in the metals & mining industry in Nigeria, 2023
Figure 10: Factors influencing the threat of substitutes in the metals & mining industry in Nigeria, 2023
Figure 11: Drivers of degree of rivalry in the metals & mining industry in Nigeria, 2023