Mandarins Price in Nigeria - 2022
Contents:
Mandarins Price in Nigeria (CIF) - 2022
The average mandarins import price stood at $1,480 per ton in 2022, picking up by 63% against the previous year. Overall, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,618 per ton), while the price for South Africa amounted to $853 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+39.2%).
Mandarins Imports in Nigeria
In 2022, overseas purchases of fruit, edible decreased by -56.9% to 670 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 356%.
In value terms, mandarins imports shrank dramatically to $992K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 374%.
Import of Mandarins in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 888 | 0% |
South Africa | 160 | 823 | 1,194 | 103 | -13.7% |
Morocco | 33.1 | 50.5 | 202 | N/A | 147.0% |
Others | 3.0 | 55.0 | 21.3 | N/A | 166.5% |
Total | 196 | 928 | 1,417 | 992 | 71.7% |
Top Suppliers of Mandarins to Nigeria in 2022:
- United Kingdom (549.1 tons)
- South Africa (121.3 tons)
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