2019 Lagos Autoparts Expo News

TIME：2019/05/06-2019/05/11

LOCATION： Federal Palace Hotel & Casino, Lagos, Nigeria

About the exhibition:

The Lagos international auto parts fair is the largest and most professional auto and motorcycle exhibition in west Africa. As the largest terminal market in west Africa, the exhibition will provide a good platform for international merchants who want to develop business in west Africa to trade and seek agents.

The exhibitors in this exhibition mainly focus on vehicles and accessories, with a high international level. At the same time, the high degree of professionalism of the exhibitors, the overall effect of the exhibition is good.

Why did we choose to attend the Nigeria auto parts exhibition?

Cascade Synergy limited is a local company in Nigeria with a vision to become a leading supplier and partner for transportation and logistics industry. 

We commistted to delivering high quality and cost effective products, with fast delivery and effective services from China to our client. China's auto parts products are warmly sought after because of their high quality and low price，so, our purchasing department is located in China.

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Lagos is the largest city in west Africa and one of the most modern seaports in west Africa. The automobile repair and distribution industry is concentrated, with one third of the national industrial enterprises and employees and 60% of the total industrial output value.

One of the world's fastest-growing cities, Lagos has for years lacked a master plan for infrastructure. Traffic jams are so common here that Lagos residents have coined the term "walk slowly". There are more than a million private cars and taxis in Lagos. The average employee has a car, and most officials have two or three.

Market analysis:

• Cars are in great demand.

Nigeria is rich in resources and the largest economy in Africa. Nigeria has a huge potential in the automobile market because its railways are backward and its public transportation is underdeveloped. Therefore, cars have become a necessary private tool. In Africa, poor roads, few repair shops and expensive parts have shortened the life of cars. Especially in Nigeria and other countries, as there is no scrap car, almost all vehicles rely on the replacement of auto parts to maintain life after the service life is exceeded.

• Support of oil economy.

Nigeria's economy is a typical single oil economy. In recent years, thanks to the sustained high oil price in the international market and the slow progress of Nigeria's domestic economic reform, Nigeria's economy has been developing continuously. Our country is considered the biggest potential car market in Africa, given its roads, population and ability to pay.

• The automobile market is mainly dependent on imports.

Nigeria is sub-saharan Africa's biggest market. As the transportation in Nigeria is mainly by road, automobile has become an important means of transportation, but Nigeria lacks its own national automobile industry. To meet the demand of the domestic car market, Nigeria imports a large number of cars.

References:

http://www.bkgexhibitions.com/

http://bbs.fobshanghai.com/

https://www.finelib.com/

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