Nigeria - Meat Preparations of Poultry - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Meat Preparations of Poultry in Nigeria - 2022
Contents:
- Price for Meat Preparations of Poultry in Nigeria (CIF) - 2022
- Price for Meat Preparations of Poultry in Nigeria (FOB) - 2022
- Imports of Meat Preparations of Poultry in Nigeria
- Exports of Meat Preparations of Poultry in Nigeria
Price for Meat Preparations of Poultry in Nigeria (CIF) - 2022
The average meat preparations of poultry import price stood at $3,241 per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat preparations of poultry import price decreased by -27.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 97% against the previous year. As a result, import price reached the peak level of $4,798 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($6,756 per ton), while the price for Poland ($996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+169.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat Preparations of Poultry in Nigeria (FOB) - 2022
The average meat preparations of poultry export price stood at $3,972 per ton in 2022, surging by 1.6% against the previous year. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 98%. The export price peaked at $9,470 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11.0% per year.
Imports of Meat Preparations of Poultry in Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of meat preparations of poultry, when their volume increased by 152% to 2.2 tons. Over the period under review, imports, however, saw a dramatic contraction.
In value terms, meat preparations of poultry imports soared to $7.1K in 2022. In general, imports, however, showed a sharp reduction.
Import of Meat Preparations of Poultry in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 145 | 5.5 | 0.8 | 1.9 | -76.4% |
Spain | 0.3 | N/A | 0.4 | 0.7 | 32.6% |
United Arab Emirates | 62.4 | 1.4 | 0.1 | 0.3 | -83.1% |
Poland | N/A | N/A | N/A | 0.2 | 0% |
Lebanon | 13.2 | 0.8 | 0.1 | 0.2 | -75.3% |
Brazil | 37.7 | 2.8 | 0.2 | 0.1 | -86.2% |
Others | 18.6 | 0.9 | 1.2 | 3.7 | -41.6% |
Total | 277 | 11.4 | 2.8 | 7.1 | -70.5% |
Top Suppliers of Meat Preparations of Poultry to Nigeria in 2022:
- Netherlands (518.0 kg)
- Poland (209.0 kg)
- Spain (180.0 kg)
- United Arab Emirates (79.0 kg)
- Brazil (49.0 kg)
- Lebanon (27.0 kg)
Exports of Meat Preparations of Poultry in Nigeria
Meat preparations of poultry exports from Nigeria dropped sharply to 36 kg in 2022, which is down by -45.5% on the previous year. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 843%. As a result, the exports attained the peak of 66 kg, and then declined significantly in the following year.
In value terms, meat preparations of poultry exports shrank remarkably to $143 in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 821%. As a result, the exports reached the peak of $258, and then reduced dramatically in the following year.
Export of Meat Preparations of Poultry in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 45.0 | 28.0 | 37.0 | 143 | 47.0% |
United Arab Emirates | N/A | N/A | 221 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 45.0 | 28.0 | 258 | 143 | 47.0% |
Top Export Markets for Meat Preparations of Poultry from Nigeria in 2022:
- South Africa (36.0 kg)
This report provides an in-depth analysis of the market for meat preparations of poultry 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 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for meat preparations of poultry in Nigeria.
This report provides an in-depth analysis of the market for prepared or preserved meat in Nigeria.
This report provides an in-depth analysis of the canned meat market in Nigeria.
This report provides an in-depth analysis of the market for goose or duck liver in Nigeria.
This report provides an in-depth analysis of the preserved swine meat market in Nigeria.
This report provides an in-depth analysis of the preserved cows meat market in Nigeria.
This report provides an in-depth analysis of the preserved turkey market in Nigeria.
This report provides an in-depth analysis of the market for preserved swine meat cut in Nigeria.
This report provides an in-depth analysis of the meat dishes market in Nigeria.
This report provides an in-depth analysis of the global market for meat preparations of poultry.
Explore the top import markets for meat preparations of poultry, including key statistics and insights. Japan, the United Kingdom, Netherlands, and more.
Explore the top import markets for prepared or preserved meat, including Japan, United Kingdom, United States, Germany, and more. Discover key statistics and insights on the global import market for this popular food product.
Explore the top import markets for canned meat, including key statistics and market insights. Discover the countries with the highest import values in the canned meat industry.
In 2019, the global canned meat market increased by 2.9% to $245.5B, rising for the fourth year in a row...
Explore the top import markets for preserved cows meat in 2023. Discover the key countries driving the global market for this premium product.
In value terms, siliceous fossil meals imports stood at $X in 2016. Overall, siliceous fossil meals imports continue to indicate a relatively flat trend pattern. Global siliceous fossil meals impor...
In value terms, siliceous fossil meals exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern ...
In value terms, prepared and preserved meat imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notic...
In value terms, prepared and preserved meat exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notice...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.