Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria - 2022
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (FOB) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (CIF) - 2022
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (FOB) - 2022
The average export price for nuts, edible; macadamia, fresh or dried, shelleds stood at $29,300 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw significant growth. The pace of growth was the most pronounced in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Serbia.
From 2013 to 2022, the rate of growth in terms of prices for Serbia amounted to 0.0% per year.
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (CIF) - 2022
In 2022, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $17,800 per ton, surging by 262% against the previous year. Overall, the import price recorded 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 Netherlands ($28,000 per ton), while the price for South Africa ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.8%).
Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria
Exports of nuts, edible; macadamia, fresh or dried, shelleds from Nigeria amounted to 20 kg in 2022, remaining stable against the previous year. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds stood at $586 in 2022. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Serbia | N/A | N/A | 586 | 0% | |
| South Africa | 184 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 184 | N/A | 586 | 78.5% | |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from Nigeria in 2022:
- Serbia (20.0 kg)
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria
For the third year in a row, Nigeria recorded decline in purchases abroad of nuts, edible; macadamia, fresh or dried, shelleds, which decreased by -90.2% to 5 kg in 2022. Over the period under review, imports faced a precipitous decrease. The smallest decline of -40.1% was in 2020.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds declined markedly to $89 in 2022. In general, imports recorded a significant curtailment. The smallest decline of -39.1% was in 2021.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 84.0 | 0% |
| United States | N/A | N/A | N/A | 3.0 | 0% |
| South Africa | 1,252 | 215 | 251 | 2.0 | -88.3% |
| India | N/A | 197 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,252 | 412 | 251 | 89.0 | -58.6% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to Nigeria in 2022:
- Netherlands (3.0 kg)
- United States (1.0 kg)
- South Africa (1.0 kg)
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