Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria (CIF) - 2022

The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $2,400 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price decreased by 99.9%. The import price peaked at $4,592 per ton in 2015; however, from 2016 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 Ireland ($5,000 per ton), while the price for South Africa amounted to $2,000 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-11.4%).

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria

In 2022, imports of offal, edible; of bovine animals, fresh or chilleds into Nigeria was estimated at 5 kg, remaining relatively unchanged against the year before. In general, imports showed a precipitous contraction. The smallest decline of 99.9% was in 2021.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds totaled $12 in 2022. Overall, imports recorded a significant curtailment. The smallest decline of 99.9% was in 2021.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Nigeria (USD)
COUNTRY202020212022CAGR,
2020-2022
IrelandN/AN/A5.00%
South Africa23.0N/A2.0-70.5%
Brazil1.0N/AN/A0%
OthersN/AN/A5.00%
Total24.0N/A12.0-29.3%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Nigeria in 2022:

  1. South Africa (1.0 kg)
  2. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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