Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria - 2022
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (CIF) - 2022
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (FOB) - 2022
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (CIF) - 2022
The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $1,361 per ton in 2022, falling by -77.1% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58%. Over the period under review, average import prices reached the maximum at $15,181 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,108 per ton), while the price for China stood at $1,344 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.6%).
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (FOB) - 2022
In 2022, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $12,321 per ton, dropping by -5.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 126%. The export price peaked at $13,627 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($23,670 per ton), while the average price for exports to Cameroon amounted to $649 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.4%).
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria
For the fourth year in a row, Nigeria recorded growth in overseas purchases of nuts, edible; pistachios, fresh or dried, shelleds, which increased by 285,838% to 9.1K tons in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds soared to $12M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 12.1 | 0% |
| India | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | N/A | N/A | N/A | 12.4 | 0% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Nigeria in 2022:
- China (9.0K tons)
- India (0.1K tons)
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria
In 2022, shipments abroad of nuts, edible; pistachios, fresh or dried, shelleds was finally on the rise to reach 436 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic downturn.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds rose rapidly to $5.4K in 2022. Over the period under review, exports, however, saw a sharp decline.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 188 | 48.9 | 4.6 | 5.2 | -69.8% |
| Cameroon | 3.6 | 4.0 | 0.1 | 0.1 | -69.7% |
| France | 0.4 | 0.3 | N/A | N/A | -25.0% |
| Others | 0.4 | 0.6 | N/A | N/A | 50.0% |
| Total | 193 | 53.8 | 4.7 | 5.4 | -69.6% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Nigeria in 2022:
- Austria (221.0 kg)
- Cameroon (211.0 kg)
- France (2.0 kg)
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