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Nigeria - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Dried Apricot Market Overview 2020

Dried Apricot Market Size in Nigeria

The revenue of the dried apricot market in Nigeria amounted to $X in 2017, waning by -X% against the previous year. Overall, dried apricot consumption continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2015, when market value increased by X% against the previous year. Nigeria dried apricot consumption peaked of $X in 2016, and then declined slightly in the following year.

Dried Apricot Production in Nigeria

In 2017, the amount of dried apricots produced in Nigeria totaled X kg, surging by X% against the previous year. Overall, dried apricot production continues to indicate a precipitous downturn. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% against the previous year. Over the period under review, the dried apricot production attained its maximum volume of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Dried Apricot Exports from Nigeria

In 2017, the amount of dried apricots exported from Nigeria totaled X kg, lowering by -X% against the previous year. Overall, dried apricot exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the dried apricot exports reached its maximum volume of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, dried apricot exports stood at $X in 2017. Overall, dried apricot exports continue to indicate a dramatic decline. Nigeria exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Dried Apricot Exports by Country from Nigeria

Turkey prevails in dried apricot exports structure, accounting for X tonnes, which was near X% of total exports in 2017. It was distantly followed by Afghanistan (X tonnes), generating X% share of total exports. France (X tonnes) took the mild share of total exports.

Turkey experienced a relatively flat trend pattern of dried apricots exports. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Turkey increased by X% percentage points, while Afghanistan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from Nigeria, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey totaled +X%. In the other countries, the average annual rates were as follows: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in Nigeria

The dried apricot export price in Nigeria stood at $X per tonne in 2017, approximately equating the previous year. In general, dried apricot export price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2015, when it surged by -X% y-o-y. Over the period under review, the export prices for dried apricots reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Dried Apricot Imports by Country into Nigeria

In 2017, the U.S. (X tonnes), followed by the UK (X tonnes), Russia (X tonnes), Ukraine (X tonnes), Germany (X tonnes), France (X tonnes) and Algeria (X tonnes) were the key importers of dried apricots, together making up X% of total imports. Kazakhstan (X tonnes), Australia (X tonnes), Iraq (X tonnes), Egypt (X tonnes) and Brazil (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt, Iraq and Nigeria, which together accounted for a further X%.

Algeria (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Dried Apricot Import Prices by Country in Nigeria

In 2017, the dried apricot import price in Nigeria amounted to $X per kg, flattening at by -% against the previous year. Over the period from 2007 to 2017, it decreased at an average annual rate of nan%. The most prominent rate of growth was recorded in 2008, when it surged by -% against the previous year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• FCL 527 - Apricots, Dried

This report provides an in-depth analysis of the dried apricot 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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