Frozen Strawberries Price in Nigeria - 2022
Contents:
Frozen Strawberries Price in Nigeria (CIF) - 2022
In 2022, the average frozen strawberries import price amounted to $2,417 per ton, with an increase of 16% against the previous year. Overall, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $2,933 per ton in 2012; however, from 2013 to 2022, 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 the Netherlands ($7,409 per ton), while the price for the UK ($1,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.4%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Imports in Nigeria
In 2022, overseas purchases of frozen strawberrieses increased by 0.1% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback.
In value terms, frozen strawberries imports surged to $35K in 2022. In general, imports, however, saw a deep downturn.
Import of Frozen Strawberries in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.5 | 13.8 | 7.1 | 11.9 | -12.1% |
Belgium | 5.3 | 4.7 | 2.6 | 3.2 | -15.5% |
Netherlands | 3.0 | 0.1 | N/A | 3.0 | 0.0% |
Denmark | 5.8 | 6.9 | 4.3 | 2.8 | -21.6% |
United Kingdom | 1.8 | 1.2 | 0.5 | 0.8 | -23.7% |
France | 2.0 | 0.6 | 0.3 | 0.5 | -37.0% |
Lebanon | 3.8 | N/A | N/A | N/A | 0% |
Indonesia | N/A | N/A | 6.8 | N/A | 0% |
Others | 15.8 | 12.3 | 8.2 | 12.4 | -7.8% |
Total | 55.1 | 39.6 | 29.8 | 34.7 | -14.3% |
Top Suppliers of Frozen Strawberries to Nigeria in 2022:
- United States (4.1 tons)
- Belgium (1.6 tons)
- United Kingdom (0.7 tons)
- Denmark (0.5 tons)
- Netherlands (0.4 tons)
- France (0.2 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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