Price for Reptiles; Live (Including Snakes and Turtles) in Nigeria - 2022

Contents:

1. Price for Reptiles; Live (Including Snakes and Turtles) in Nigeria (FOB) - 2022
2. Price for Reptiles; Live (Including Snakes and Turtles) in Nigeria (CIF) - 2022
3. Exports of Reptiles; Live (Including Snakes and Turtles) in Nigeria
4. Imports of Reptiles; Live (Including Snakes and Turtles) in Nigeria

Price for Reptiles; Live (Including Snakes and Turtles) in Nigeria (FOB) - 2022

The average export price for reptiles; live (including snakes and turtles)s stood at $17 per unit in 2022, picking up by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 66%. The export price peaked at $67 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($118 per unit), while the average price for exports to Canada ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Reptiles; Live (Including Snakes and Turtles) in Nigeria (CIF) - 2022

In 2022, the average import price for reptiles; live (including snakes and turtles)s amounted to $3.8 per unit, reducing by -12.2% against the previous year. Overall, the import price saw a abrupt curtailment. Over the period under review, average import prices reached the peak figure at $16 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2014 to 2022, the rate of growth in terms of prices for Turkey amounted to -36.0% per year.

Exports of Reptiles; Live (Including Snakes and Turtles) in Nigeria

After three years of growth, overseas shipments of reptiles; live (including snakes and turtles)s decreased by -9.3% to 2K units in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 103% against the previous year. As a result, the exports attained the peak of 2.2K units, and then shrank in the following year.

In value terms, exports of reptiles; live (including snakes and turtles)s totaled $34K in 2022. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Reptiles; Live (Including Snakes and Turtles) from Nigeria in 2022:

1. Canada (896.0 units)
2. Germany (355.0 units)
3. United States (229.0 units)
4. Taiwan (Chinese) (62.0 units)
5. Netherlands (44.0 units)
6. South Korea (43.0 units)
7. United Kingdom (16.0 units)
8. Japan (15.0 units)

Imports of Reptiles; Live (Including Snakes and Turtles) in Nigeria

In 2022, the amount of reptiles; live (including snakes and turtles)s imported into Nigeria expanded slightly to 27 units, with an increase of 3.8% against the year before. Over the period under review, imports, however, faced a precipitous curtailment. Over the period under review, imports of hit record highs at 603 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of reptiles; live (including snakes and turtles)s dropped to $103 in 2022. Overall, imports, however, continue to indicate a sharp curtailment. Imports peaked at $2.7K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Reptiles; Live (Including Snakes and Turtles) to Nigeria in 2022:

1. Turkey (27.0 units)

Source: IndexBox Market Intelligence Platform