A must-see for foreign traders: MEGA CLIMA Nigeria 2025 is coming overwhelmingly!

Tue Nov 12 09:30:45 CST 2024 Source: coowor.com Collect Reading Volume: 864
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Introduction to the 8th Nigeria International Air Conditioning, Refrigeration Exhibition (MEGA CLIMA).

 

The 8th Nigeria International Air Conditioning, Refrigeration Exhibition (MEGA CLIMA)will be held on May 20-22, 2025 at the Landmark Centre in Lagos-NIGERIA. Hosted by ELANEXPO Exhibition Group, the exhibition is the largest refrigeration exhibition in West Africa and an important way for global refrigeration and air conditioning companies to understand the new trends, new technologies and new products of the industry.

MEGA CLIMA is a series of well-known refrigeration exhibitions in Africa: Kenya (East Africa), Algeria (North Africa), Nigeria (West Africa), and is the most important channel for the development of the African refrigeration market, and also an important platform for Chinese enterprises to explore the Nigerian and the entire African market. Based on more than 10 years of cooperation with the organizers, our company is the general agent of this series of exhibitions in China.

Exhibition time: May 20-22, 2025

Organizer: ELANEXPO Exhibition Group

Exhibition cycle: once a year

Venue: Landmark Centre, Lagos-NIGERIA

With increasing urbanization and global warming, as well as changing lifestyles, Nigeria, as one of the most important refrigeration markets in Africa, has continued to grow in recent years, making it one of the fastest-growing air conditioning and refrigerator markets in the world. The West African and African markets might be an important base for Chinese refrigeration companies to explore new markets in the future.

Based on more than 10 years of cooperation with the organizers, our company is the general agent of the MEGA CLIMA series exhibitions in China. It will provide high-quality services for Chinese enterprises to participate in the Nigeria International HVAC and Refrigeration Exhibition. Welcome to call us for more information about 2024-2025 global refrigeration exhibitions!

A wonderful review of the 2024 Nigeria International Air Conditioning, Refrigeration Exhibition

Nearly 200 companies from more than 20 countries around the world participated in the last 2024 exhibition, including well-known brands such as Midea, Gree, LG, Daikin, Carrier, Trane, EMIS, YACSN, Wilo, York, BITZER, WEDA, PYGAR, Chemours, BosnaLG, kimmco, PHOENIX, etc. Bangladesh, Pakistan, South Korea, Malaysia and other countries organized purchasing delegations to support this exhibition. As the general agent of the Nigerian Refrigeration Exhibition, our company organized more than 10 companies to participate in the exhibition, such as Juhua, Kaidi, Jinze, Sanli Machinery & Electrice, Lihua New Materials, Zhengcheng, Jiarunfeng, and PHNIX, ect.

 

2024 West Africa (Nigeria) International Air Conditioning, Refrigeration Exhibition

Beijing Worlead Exhibition Group

 

Economic and trade situation between China and Nigeria

Nigeria, the most populous country on the African continent with a population of over 220 million, is one of the largest economies in Africa, with a gross domestic product (GDP) of around $362.8 billion in 2023. The Belt and Road Initiative has also brought tremendous opportunities for cooperation between China and Nigeria as well as between China and Africa. Nigeria is the second largest trading partner of China in Africa, and China is Nigeria's largest source of imports. According to data of Chinese customs, the bilateral trade volume between China and Nigeria reached US$23.9 billion in 2022, of which China exported US$22.3 billion to Nigeria and imported US$1.6 billion from Nigeria.

 

"In the first three quarters of 2023, bilateral trade amounted to $17.25 billion, with $15.67 billion exported to Nigeria and $1.58 billion imported from Nigeria, representing a 22.5% increase in imports from Nigeria compared to the same period last year. In the Lekki FTZ and Ogun-Guangdong FTZ, Chinese investors have committed more than US$1.5 billion and created more than 7,000 jobs. Nigeria, Africa's most populous country in the heart of the Gulf of Guinea, surpassed South Africa to become Africa's largest economy in 2013.

 

Aerial view of the city of Lagos

However, Nigeria has shortcomings in the fields of agriculture and manufacturing, especially the relatively weak base of agricultural production and manufacturing, which provides Chinese enterprises with export opportunities in related fields, and bilateral trade is growing rapidly. Nigeria has now become China's third largest trading partner and second largest export market in Africa, and China is Nigeria's third largest trading partner.

According to statistics, the trade volume between China and Nigeria reached US$13.6 billion in 2013, nearly five times that of 2005. According to the 2022 report of the World Bank, China's exports to Nigeria are growing at an average annual rate of 141%, and Nigeria's exports to China reached $1.61 billion in 2023. Nigeria accounted for 20% of China's total exports to Africa in 2020, and this share continues to grow, according to the report entitled The Economic Impact of Nigeria-China Trade Relations: the Way Forward from the Nigeria Summit Group.

Our company will provide high-quality services for Chinese enterprises to participate in the Nigeria International HVAC and Refrigeration Exhibition. Welcome to call us for more information about 2024-2025 Global Refrigeration Exhibition!

 

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Phone: 15057139566 (WeChat)

Editor: 何慧媛