The Nigerian automotive parts market is the second largest market in Sub-Saharan Africa in terms of imports. In 2018, service parts such as filters and spark plugs accounted for the largest value in the automotive parts market in Nigeria, with 45 percent of the total market value. Wear parts, which include brake pads, discs, whipper baldes, shock absorbers, and similar held 35 percent of the share. According to the source, Nigerian drivers' spending on automotive parts is around 350 U.S. dollars per year.
Distribution of market value of automotive parts in Nigeria in 2018, by market segment
* Service parts include filters, spark plugs, etc.
** Wear parts include brake pads/discs, whipper blades, shock absorber, etc.
Repair parts include engine parts, steering parts, etc.
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africon. (March 13, 2019). Distribution of market value of automotive parts in Nigeria in 2018, by market segment [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/
africon. "Distribution of market value of automotive parts in Nigeria in 2018, by market segment." Chart. March 13, 2019. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/
africon. (2019). Distribution of market value of automotive parts in Nigeria in 2018, by market segment. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/
africon. "Distribution of Market Value of Automotive Parts in Nigeria in 2018, by Market Segment." Statista, Statista Inc., 13 Mar 2019, https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/
africon, Distribution of market value of automotive parts in Nigeria in 2018, by market segment Statista, https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/ (last visited November 19, 2024)
Distribution of market value of automotive parts in Nigeria in 2018, by market segment [Graph], africon, March 13, 2019. [Online]. Available: https://www.statista.com/statistics/1192580/market-value-distribution-of-automotive-parts-in-nigeria/