Price for Animals; Live, Birds of Prey in Nigeria - 2022

Contents:

1. Price for Animals; Live, Birds of Prey in Nigeria (CIF) - 2022
2. Imports of Animals; Live, Birds of Prey in Nigeria

Price for Animals; Live, Birds of Prey in Nigeria (CIF) - 2022

In 2022, the average import price for animals; live, birds of preys amounted to $1,544 per unit, rising by 88% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 174%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Democratic Republic of the Congo ($2,248 per unit), while the price for the United Arab Emirates totaled $136 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+307.2%).

Imports of Animals; Live, Birds of Prey in Nigeria

In 2022, overseas purchases of animals; live, birds of preys decreased by 0% to 3 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 200%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, animals; live, birds of prey imports soared to $4.6K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Animals; Live, Birds of Prey to Nigeria in 2022:

1. Democratic Republic of the Congo (2.0 units)
2. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform