Nigeria - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Nigeria - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights

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Citrus Fruit Price in Nigeria - 2022

Contents:

  1. Citrus Fruit Price in Nigeria (CIF) - 2022
  2. Citrus Fruit Price in Nigeria (FOB) - 2022
  3. Citrus Fruit Imports in Nigeria
  4. Citrus Fruit Exports in Nigeria

Citrus Fruit Price in Nigeria (CIF) - 2022

The average citrus fruit import price stood at $1,054 per ton in 2022, rising by 25% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, import price reached the peak level of $1,178 per ton. From 2015 to 2022, the average import prices remained at a 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 ($1,703 per ton), while the price for South Africa ($893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Citrus Fruit Price in Nigeria (FOB) - 2022

In 2022, the average citrus fruit export price amounted to $1,004 per ton, declining by -23.5% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 147% against the previous year. Over the period under review, the average export prices reached the maximum at $1,313 per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,924 per ton), while the average price for exports to Niger ($186 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 Cameroon (+5.9%), while the prices for the other major destinations experienced a decline.

Citrus Fruit Imports in Nigeria

For the fourth consecutive year, Nigeria recorded growth in supplies from abroad of citrus fruits, which increased by 34% to 7.8K tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, citrus fruit imports soared to $8.2M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Citrus Fruit in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2.34.23.84.928.7%
IndiaN/AN/AN/A1.70%
United KingdomN/AN/AN/A0.90%
Egypt0.10.10.30.458.7%
Spain0.10.10.10.10.0%
IndonesiaN/AN/A0.2N/A0%
Italy0.40.40.1N/A-50.0%
Others0.30.30.50.2-12.6%
Total3.25.04.98.236.8%

Top Suppliers of Citrus Fruit to Nigeria in 2022:

  1. Italy (undefinedK tons)
  2. South Africa (5.5K tons)
  3. India (1.0K tons)
  4. United Kingdom (0.5K tons)
  5. Egypt (0.4K tons)
  6. Spain (0.1K tons)

Citrus Fruit Exports in Nigeria

In 2022, approx. 170 tons of citrus fruits were exported from Nigeria; picking up by 18% on 2021. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 307% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, citrus fruit exports shrank to $171K in 2022. Overall, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 369%. As a result, the exports attained the peak of $189K, and then fell in the following year.

Export of Citrus Fruit in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A80.80%
NetherlandsN/AN/AN/A33.90%
United Arab Emirates30.125.25.117.7-16.2%
QatarN/AN/AN/A17.10%
PolandN/AN/AN/A11.40%
United StatesN/AN/A19.09.6-49.5%
Niger67.25.754.70.3-83.5%
CameroonN/A8.8107N/A1115.9%
Others1.90.73.8N/A41.4%
Total99.340.418917119.9%

Top Export Markets for Citrus Fruit from Nigeria in 2022:

  1. Germany (95.1 tons)
  2. Netherlands (26.2 tons)
  3. Qatar (18.2 tons)
  4. Poland (13.1 tons)
  5. United Arab Emirates (11.1 tons)
  6. United States (5.0 tons)
  7. Niger (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the citrus fruit 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:

  • FCL 507 - Grapefruit and pomelo
  • FCL 497 - Lemons and limes
  • FCL 490 - Oranges
  • FCL 495 - Tangerines, mandarins, clementines, satsumas
  • FCL 512 - Citrus fruit nes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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