Nigeria - Inactive Yeasts And Other Dead Single-Cell Micro-Organisms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInactive Yeast Price in Nigeria - 2022
Contents:
- Inactive Yeast Price in Nigeria (CIF) - 2022
- Inactive Yeast Price in Nigeria (FOB) - 2022
- Inactive Yeast Imports in Nigeria
- Inactive Yeast Exports in Nigeria
Inactive Yeast Price in Nigeria (CIF) - 2022
In June 2022, the average inactive yeast import price amounted to $3,646 per ton, reducing by -1.6% against the previous month. Over the period from June 2021 to June 2022, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 38% month-to-month. As a result, import price reached the peak level of $3,815 per ton. From March 2022 to June 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From June 2021 to June 2022, the rate of growth in terms of prices for France amounted to +0.0% per month.
Inactive Yeast Price in Nigeria (FOB) - 2022
The average inactive yeast export price stood at $2,205 per ton in 2022, reducing by -49.9% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 181%. The export price peaked at $4,765 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Netherlands ($15,060 per ton), while the average price for exports to Niger ($1,243 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 Niger (+4.1%), while the prices for the other major destinations experienced a decline.
Inactive Yeast Imports in Nigeria
In 2022, supplies from abroad of inactive yeasts and other dead single-cell micro-organisms decreased by -47.1% to 1.6K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 91%. As a result, imports attained the peak of 4.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, inactive yeast imports fell notably to $5.5M in 2022. In general, imports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 177%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Inactive Yeast in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.6 | 8.3 | 4.9 | 2.5 | -1.3% |
| China | 1.8 | 4.2 | 3.0 | 2.3 | 8.5% |
| Spain | 0.5 | 0.9 | 0.6 | 0.3 | -15.7% |
| Estonia | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Belgium | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 0.7 | 0.6 | 0.3 | 14.5% |
| Total | 5.2 | 14.4 | 9.4 | 5.5 | 1.9% |
Top Suppliers of Inactive Yeast to Nigeria in 2022:
- China (819.6 tons)
- France (684.9 tons)
- Spain (49.6 tons)
- Estonia (27.1 tons)
- Belgium (10.9 tons)
Inactive Yeast Exports in Nigeria
In 2022, approx. 1.4 tons of inactive yeasts and other dead single-cell micro-organisms were exported from Nigeria; jumping by 167% on 2021. Overall, exports recorded a pronounced expansion.
In value terms, inactive yeast exports surged to $3K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 138%. As a result, the exports reached the peak of $3.8K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Inactive Yeast in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 88.0 | 6.0 | 481 | 1,188 | 138.1% |
| Niger | 324 | 5.0 | 361 | 893 | 40.2% |
| Netherlands | N/A | N/A | N/A | 361 | 0% |
| Czech Republic | N/A | N/A | N/A | 91.0 | 0% |
| Kuwait | N/A | N/A | 1,326 | N/A | 0% |
| Gambia | N/A | 3,706 | N/A | N/A | 0% |
| United Arab Emirates | 1,102 | 43.0 | N/A | N/A | -96.1% |
| Others | 69.0 | N/A | 82.0 | 472 | 89.8% |
| Total | 1,583 | 3,760 | 2,250 | 3,005 | 23.8% |
Top Export Markets for Inactive Yeast from Nigeria in 2022:
- Niger (718.0 kg)
- Benin (511.0 kg)
- Czech Republic (48.0 kg)
- Netherlands (24.0 kg)
This report provides an in-depth analysis of the inactive yeast 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 10891350 - Inactive yeasts and other dead single-cell micro-organisms
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.
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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
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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
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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
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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
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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
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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
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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
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