| Product Code: ETC8622518 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The craft spirits import market in Nigeria continues to thrive in 2024, with the UK, Ireland, USA, India, and South Africa emerging as key exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the industry`s high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a solid compound annual growth rate (CAGR) of 4.83% from 2020 to 2024, the Nigerian market presents opportunities for further expansion and competition among international players.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Craft Spirits Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Craft Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Craft Spirits Market - Industry Life Cycle |
3.4 Nigeria Craft Spirits Market - Porter's Five Forces |
3.5 Nigeria Craft Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Craft Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Craft Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Craft Spirits Market Trends |
6 Nigeria Craft Spirits Market, By Types |
6.1 Nigeria Craft Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Craft Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Craft Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 Nigeria Craft Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.5 Nigeria Craft Spirits Market Revenues & Volume, By Gin, 2021- 2031F |
6.1.6 Nigeria Craft Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.7 Nigeria Craft Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.8 Nigeria Craft Spirits Market Revenues & Volume, By Liqueur, 2021- 2031F |
6.2 Nigeria Craft Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Craft Spirits Market Revenues & Volume, By On-trade, 2021- 2031F |
6.2.3 Nigeria Craft Spirits Market Revenues & Volume, By Off-trade, 2021- 2031F |
7 Nigeria Craft Spirits Market Import-Export Trade Statistics |
7.1 Nigeria Craft Spirits Market Export to Major Countries |
7.2 Nigeria Craft Spirits Market Imports from Major Countries |
8 Nigeria Craft Spirits Market Key Performance Indicators |
9 Nigeria Craft Spirits Market - Opportunity Assessment |
9.1 Nigeria Craft Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Craft Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Craft Spirits Market - Competitive Landscape |
10.1 Nigeria Craft Spirits Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Craft Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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