Nigeria - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria - 2022
Contents:
- Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (CIF) - 2022
- Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (FOB) - 2022
- Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria
- Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria
Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (CIF) - 2022
The average import price for tree, flower and other seeds, fruits and spores for sowing stood at $62,659 per ton in 2022, shrinking by -7.8% against the previous year. Overall, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 527% against the previous year. Over the period under review, average import prices reached the peak figure at $67,980 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Benin ($646,911 per ton), while the price for Lebanon ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+53.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (FOB) - 2022
In 2022, the average export price for tree, flower and other seeds, fruits and spores for sowing amounted to $17,458 per ton, surging by 8.1% against the previous year. Overall, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. The export price peaked at $43,494 per ton in 2013; however, from 2014 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -14.4% per year.
Imports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria
For the third year in a row, Nigeria recorded decline in overseas purchases of tree, flower and other seeds, fruits and spores for sowing, which decreased by -28.8% to 2.7 tons in 2022. Overall, imports recorded a precipitous curtailment.
In value terms, imports of tree, flower and other seeds, fruits and spores for sowing reduced notably to $169K in 2022. In general, imports recorded a sharp curtailment. The smallest decline of -1.1% was in 2020.
| Import of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 41.3 | 269 | 88.3 | 56.8 | 11.2% |
| Singapore | 238 | 194 | 60.4 | 36.8 | -46.3% |
| Benin | 219 | 139 | 29.9 | 29.1 | -49.0% |
| Indonesia | 74.1 | 69.1 | 24.6 | 17.2 | -38.5% |
| France | 55.5 | 56.9 | 22.3 | 17.1 | -32.5% |
| India | 3.2 | 5.1 | 3.2 | 3.0 | -2.1% |
| South Africa | 22.3 | 0.3 | 0.1 | 1.4 | -60.3% |
| China | 6.7 | 3.3 | 0.3 | 0.5 | -57.9% |
| Lebanon | 1.2 | 1.1 | 0.4 | 0.3 | -37.0% |
| Thailand | 4.3 | N/A | N/A | 0.3 | -58.8% |
| Belgium | 0.6 | N/A | N/A | N/A | 0% |
| Madagascar | 13.8 | N/A | N/A | N/A | 0% |
| Others | 136 | 69.4 | 27.3 | 6.2 | -64.3% |
| Total | 816 | 808 | 257 | 169 | -40.8% |
Top Suppliers of Tree, Flower and Other Seeds, Fruits and Spores for Sowing to Nigeria in 2022:
- Lebanon (1157.0 kg)
- India (621.0 kg)
- France (213.0 kg)
- China (164.0 kg)
- Singapore (114.0 kg)
- Cote d'Ivoire (103.0 kg)
- South Africa (78.0 kg)
- Indonesia (59.0 kg)
- Thailand (56.0 kg)
- Benin (45.0 kg)
Exports of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria
In 2022, the amount of tree, flower and other seeds, fruits and spores for sowing exported from Nigeria expanded remarkably to 727 kg, with an increase of 12% on the year before. Overall, exports, however, showed a noticeable setback.
In value terms, exports of tree, flower and other seeds, fruits and spores for sowing soared to $13K in 2022. Over the period under review, exports, however, recorded a drastic downturn.
| Export of Tree, Flower and Other Seeds, Fruits and Spores for Sowing in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 11.9 | 3.9 | 10.8 | -10.4% |
| Myanmar | N/A | N/A | 0.6 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.6 | 3.0 | 5.9 | 1.9 | 5.9% |
| Total | 16.6 | 14.9 | 10.5 | 12.7 | -8.5% |
Top Export Markets for Tree, Flower and Other Seeds, Fruits and Spores for Sowing from Nigeria in 2022:
- China (701.0 kg)
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing 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:
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
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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
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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
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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
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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
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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
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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
840
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Nigeria.
2271
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
840
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Nigeria.
2271
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
1980
From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD.
1105
Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1558
In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1854
In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1437
Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal
1980
From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at X thousand tons or X million USD.
1105
Global palm kernel consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1558
In 2015, the countries with the highest levels of palm kernel production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1854
In 2015, the countries with the highest levels of palm oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1437
Indonesia dominates in the global palm kernel trade. In 2014, Indonesia exported X thousand tons of palm kernels totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total pal
