Clementines Price in Nigeria - 2022
Contents:
Clementines Price in Nigeria (CIF) - 2022
The average clementines import price stood at $771 per ton in 2022, which is down by -13.5% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by 28% against the previous year. The import price peaked at $4,037 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to -8.4% per year.
Clementines Imports in Nigeria
For the third year in a row, Nigeria recorded decline in overseas purchases of fruit, edible, which decreased by -60.7% to 23 tons in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of -7.8% was in 2021.
In value terms, clementines imports reduced rapidly to $18K in 2022. In general, imports continue to indicate a sharp decline. The smallest decline of -17% was in 2020.
Import of Clementines in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 40.3 | 14.3 | 7.7 | 17.9 | -23.7% |
Spain | 39.1 | 37.4 | 22.5 | N/A | -24.1% |
Morocco | 26.7 | 36.1 | 21.8 | N/A | -9.6% |
Others | 4.6 | 4.1 | 0.5 | N/A | -67.0% |
Total | 111 | 91.8 | 52.5 | 17.9 | -45.6% |
Top Suppliers of Clementines to Nigeria in 2022:
- South Africa (23.2 tons)
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