| Product Code: ETC8630449 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, Nigeria`s nitrogen gas import shipments in 2024 saw a significant decline in growth rate compared to the previous year. Top exporting countries such as China, India, Netherlands, South Africa, and Germany continue to play a key role in supplying nitrogen gas to Nigeria. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -1.84%, with a sharp decline in growth rate from 2023 to 2024 at -43.86%. This data suggests a challenging market environment for nitrogen gas imports in Nigeria.

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 Nitrogen Gas Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Nitrogen Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Nitrogen Gas Market - Industry Life Cycle |
3.4 Nigeria Nitrogen Gas Market - Porter's Five Forces |
3.5 Nigeria Nitrogen Gas Market Revenues & Volume Share, By Form(Volume, Kilotons; Revenue, USD Million, 2021-2031), 2021 & 2031F |
3.6 Nigeria Nitrogen Gas Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Nitrogen Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as oil and gas, chemicals, and pharmaceuticals that use nitrogen gas in their processes. |
4.2.2 Increasing focus on food preservation and packaging, where nitrogen gas is used to extend the shelf life of products. |
4.2.3 Government initiatives to promote industrialization and attract foreign investments, leading to an increased need for nitrogen gas in manufacturing processes. |
4.3 Market Restraints |
4.3.1 Lack of infrastructure for nitrogen gas production and distribution in remote areas, hindering market penetration. |
4.3.2 Fluctuating prices of raw materials used in nitrogen gas production, impacting the overall cost and pricing of nitrogen gas. |
4.3.3 Environmental concerns related to nitrogen gas emissions and its impact on air quality, leading to regulatory challenges and potential restrictions. |
5 Nigeria Nitrogen Gas Market Trends |
6 Nigeria Nitrogen Gas Market, By Types |
6.1 Nigeria Nitrogen Gas Market, By Form(Volume, Kilotons; Revenue, USD Million, 2021-2031) |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Nitrogen Gas Market Revenues & Volume, By Form(Volume, Kilotons; Revenue, USD Million, 2021-2031), 2021- 2031F |
6.1.3 Nigeria Nitrogen Gas Market Revenues & Volume, By Compressed Gas, 2021- 2031F |
6.1.4 Nigeria Nitrogen Gas Market Revenues & Volume, By Liquid Nitrogen Gas, 2021- 2031F |
6.2 Nigeria Nitrogen Gas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Nitrogen Gas Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Nigeria Nitrogen Gas Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.2.4 Nigeria Nitrogen Gas Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Nigeria Nitrogen Gas Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.6 Nigeria Nitrogen Gas Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Nitrogen Gas Market Import-Export Trade Statistics |
7.1 Nigeria Nitrogen Gas Market Export to Major Countries |
7.2 Nigeria Nitrogen Gas Market Imports from Major Countries |
8 Nigeria Nitrogen Gas Market Key Performance Indicators |
8.1 Percentage of nitrogen gas production capacity utilized in Nigeria. |
8.2 Number of new industrial installations using nitrogen gas in their operations. |
8.3 Rate of adoption of nitrogen gas technology in food processing and packaging industries. |
8.4 Carbon footprint reduction achieved through the use of nitrogen gas in place of traditional methods. |
8.5 Number of partnerships or collaborations established with international nitrogen gas suppliers for technology transfer or capacity expansion. |
9 Nigeria Nitrogen Gas Market - Opportunity Assessment |
9.1 Nigeria Nitrogen Gas Market Opportunity Assessment, By Form(Volume, Kilotons; Revenue, USD Million, 2021-2031), 2021 & 2031F |
9.2 Nigeria Nitrogen Gas Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Nitrogen Gas Market - Competitive Landscape |
10.1 Nigeria Nitrogen Gas Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Nitrogen Gas 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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