Nigeria - Fish Fillets In Batter Or Breadcrumbs - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBattered Fish Fillet Price in Nigeria - 2022
Contents:
- Battered Fish Fillet Price in Nigeria (CIF) - 2022
- Battered Fish Fillet Price in Nigeria (FOB) - 2022
- Battered Fish Fillet Imports in Nigeria
- Battered Fish Fillet Exports in Nigeria
Battered Fish Fillet Price in Nigeria (CIF) - 2022
The average battered fish fillet import price stood at $1,068 per ton in 2022, shrinking by -63.5% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 18%. As a result, import price reached the peak level of $4,840 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,648 per ton), while the price for China totaled $848 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Battered Fish Fillet Price in Nigeria (FOB) - 2022
The average battered fish fillet export price stood at $5,383 per ton in 2022, shrinking by -36% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 72%. As a result, the export price reached the peak level of $8,414 per ton, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($12,957 per ton), while the average price for exports to South Africa ($655 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+50.0%), while the prices for the other major destinations experienced mixed trend patterns.
Battered Fish Fillet Imports in Nigeria
In 2022, imports of fish fillets in batter or breadcrumbs into Nigeria reduced markedly to 63 tons, which is down by -97.2% against the year before. Overall, imports faced a dramatic shrinkage. The smallest decline of -8.4% was in 2021.
In value terms, battered fish fillet imports dropped sharply to $67K in 2022. In general, imports faced a sharp slump. The smallest decline of -7.2% was in 2021.
| Import of Battered Fish Fillet in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| Thailand | 3.4 | 3.4 | 2.5 | N/A | -14.3% |
| China | 2.8 | 0.3 | 0.3 | N/A | -67.3% |
| Vietnam | 0.7 | 2.5 | 0.5 | N/A | -15.5% |
| Others | 0.7 | 0.6 | 3.2 | N/A | 113.8% |
| Total | 8.0 | 7.2 | 6.7 | 0.1 | -76.8% |
Top Suppliers of Battered Fish Fillet to Nigeria in 2022:
- China (55.4 tons)
- Spain (7.7 tons)
Battered Fish Fillet Exports in Nigeria
In 2022, approx. 311 kg of fish fillets in batter or breadcrumbs were exported from Nigeria; picking up by 168% compared with the year before. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, battered fish fillet exports surged to $1.7K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 250%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Battered Fish Fillet in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 58.0 | 42.0 | 10.0 | 688 | 128.1% |
| Benin | 60.0 | 66.0 | 32.0 | 336 | 77.6% |
| Pakistan | 70.0 | 73.0 | 34.0 | 298 | 62.1% |
| United Arab Emirates | 64.0 | 62.0 | 5.0 | 289 | 65.3% |
| South Africa | 52.0 | 34.0 | 10.0 | 36.0 | -11.5% |
| South Korea | N/A | N/A | 2.0 | 27.0 | 1250.0% |
| Australia | N/A | N/A | 870 | N/A | 0% |
| Others | N/A | 2.0 | 13.0 | N/A | 550.0% |
| Total | 304 | 279 | 976 | 1,674 | 76.6% |
Top Export Markets for Battered Fish Fillet from Nigeria in 2022:
- Benin (135.0 kg)
- Canada (62.0 kg)
- South Africa (55.0 kg)
- United Arab Emirates (27.0 kg)
- Pakistan (23.0 kg)
- South Korea (9.0 kg)
This report provides an in-depth analysis of the battered fish fillet market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
241
This report provides an in-depth analysis of the battered fish fillet market in Nigeria.
327
This report provides an in-depth analysis of the battered fish fillet market in Nigeria.
345
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes in Nigeria.
641
This report provides an in-depth analysis of the preserved anchovies market in Nigeria.
769
This report provides an in-depth analysis of the caviar (sturgeon) market in Nigeria.
457
This report provides an in-depth analysis of the market for caviar (salmon) and caviar substitutes in Nigeria.
559
This report provides an in-depth analysis of the preserved herring market in Nigeria.
417
This report provides an in-depth analysis of the preserved mackerel market in Nigeria.
496
This report provides an in-depth analysis of the preserved salmon market in Nigeria.
709
This report provides an in-depth analysis of the preserved sardines market in Nigeria.
81
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
73
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
62
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
81
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
73
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
62
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
