Price for Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria - 2022
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria (CIF) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria (CIF) - 2022
In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $5,404 per ton, with a decrease of -19% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure at $10,277 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,727 per ton), while the price for South Africa stood at $4,741 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced a decline.
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria
In 2022, the amount of mollusc preparations; mussels, prepared or preserveds imported into Nigeria soared to 136 kg, rising by 60% against the previous year. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3,393% against the previous year. As a result, imports attained the peak of 5.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds soared to $735 in 2022. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 4,200% against the previous year. As a result, imports attained the peak of $26K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.3 | 3.9 | 0.1 | 0.5 | 18.6% |
| Spain | 0.3 | 6.3 | 0.4 | 0.2 | -12.6% |
| China | N/A | 15.3 | N/A | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 0.6 | 26.1 | 0.6 | 0.7 | 5.3% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Nigeria in 2022:
- South Africa (112.0 kg)
- Spain (22.0 kg)
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