Nigeria - Roasted Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoasted Decaffeinated Coffee Price in Nigeria - 2022
Contents:
- Roasted Decaffeinated Coffee Price in Nigeria (CIF) - 2022
- Roasted Decaffeinated Coffee Price in Nigeria (FOB) - 2022
- Roasted Decaffeinated Coffee Imports in Nigeria
- Roasted Decaffeinated Coffee Exports in Nigeria
Roasted Decaffeinated Coffee Price in Nigeria (CIF) - 2022
In 2022, the average roasted decaffeinated coffee import price amounted to $5,320 per ton, reducing by -19.4% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 33%. The import price peaked at $17,245 per ton in 2013; however, from 2014 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 Germany ($21,347 per ton), while the price for Italy ($2,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Roasted Decaffeinated Coffee Price in Nigeria (FOB) - 2022
In 2022, the average roasted decaffeinated coffee export price amounted to $3,747 per ton, with an increase of 11% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 25% against the previous year. The export price peaked at $4,680 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($14,071 per ton), while the average price for exports to Gambia ($1,672 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Roasted Decaffeinated Coffee Imports in Nigeria
In 2022, purchases abroad of roasted decaffeinated coffee increased by 160% to 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp contraction.
In value terms, roasted decaffeinated coffee imports skyrocketed to $5.9K in 2022. In general, imports, however, recorded a sharp contraction.
| Import of Roasted Decaffeinated Coffee in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.4 | 0.8 | 0.8 | 1.6 | -22.2% |
| Italy | 2.2 | 0.4 | 0.2 | 1.2 | -18.3% |
| Spain | 1.9 | 0.5 | 0.4 | 0.9 | -22.0% |
| Ethiopia | 1.4 | 0.4 | 0.3 | 0.7 | -20.6% |
| China | 1.1 | 0.1 | 0.4 | 0.6 | -18.3% |
| Singapore | 1.1 | 0.2 | 0.2 | 0.3 | -35.2% |
| United Kingdom | 2.6 | 0.9 | 0.4 | 0.2 | -57.5% |
| India | N/A | 4.4 | N/A | N/A | 0% |
| Others | 1.6 | 1.4 | 0.1 | 0.4 | -37.0% |
| Total | 15.2 | 9.0 | 2.8 | 5.9 | -27.1% |
Top Suppliers of Roasted Decaffeinated Coffee to Nigeria in 2022:
- Italy (538.0 kg)
- Spain (177.0 kg)
- Ethiopia (120.0 kg)
- China (76.0 kg)
- Germany (75.0 kg)
- Singapore (62.0 kg)
- United Kingdom (40.0 kg)
Roasted Decaffeinated Coffee Exports in Nigeria
In 2022, exports of roasted decaffeinated coffee from Nigeria shrank rapidly to 431 kg, with a decrease of -28.2% compared with 2021. Overall, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. As a result, the exports attained the peak of 600 kg, and then dropped significantly in the following year.
In value terms, roasted decaffeinated coffee exports dropped dramatically to $1.6K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 70%. As a result, the exports reached the peak of $2K, and then shrank rapidly in the following year.
| Export of Roasted Decaffeinated Coffee in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | 658 | 487 | 655 | 787 | 6.1% |
| Gambia | 439 | 521 | 190 | 393 | -3.6% |
| Niger | 88.0 | 160 | 187 | 197 | 30.8% |
| Netherlands | 28.0 | 29.0 | 84.0 | 88.0 | 46.5% |
| Togo | N/A | N/A | 438 | N/A | 0% |
| Others | N/A | N/A | 478 | 150 | -68.6% |
| Total | 1,213 | 1,197 | 2,032 | 1,615 | 10.0% |
Top Export Markets for Roasted Decaffeinated Coffee from Nigeria in 2022:
- Gambia (235.0 kg)
- Cameroon (169.0 kg)
- Niger (14.0 kg)
- Netherlands (9.0 kg)
This report provides an in-depth analysis of the roasted decaffeinated coffee market 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:
- Prodcom 10831170 - Roasted decaffeinated coffee
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.
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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
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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
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