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Nigeria - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Bambara Bean Market Overview 2021

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Bambara Bean Market Size in Nigeria

The Nigerien bambara bean market declined remarkably to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a sharp curtailment. Bambara bean consumption peaked at $X in 2018, and then declined rapidly in the following year.

Bambara Bean Exports

Exports from Nigeria

In 2019, shipments abroad of bambara beans decreased by X% to X kg, falling for the second year in a row after six years of growth. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, bambara bean exports totaled $X in 2019. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Canada (X tonnes) was the main destination for bambara bean exports from Nigeria, with a approx. X% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Canada amounted to +X%.

In value terms, Canada ($X) also remains the key foreign market for bambara bean exports from Nigeria.

From 2012 to 2017, the average annual growth rate of value to Canada totaled +X%.

Export Prices by Country

The average bambara bean export price stood at $X per tonne in 2017, surging by X% against the previous year. Over the period under review, the export price enjoyed a strong increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2017, the rate of growth in terms of prices for Canada amounted to -X% per year.

Bambara Bean Imports

Imports into Nigeria

In 2019, the amount of bambara beans imported into Nigeria contracted rapidly to X tonnes, waning by -X% compared with the previous year's figure. Over the period under review, imports faced a sharp shrinkage. Over the period under review, imports hit record highs at X tonnes in 2018, and then reduced sharply in the following year.

In value terms, bambara bean imports declined notably to $X in 2019. Overall, imports saw a precipitous curtailment. Imports peaked at $X in 2018, and then declined remarkably in the following year.

Imports by Country

In 2019, Kenya (X tonnes) was the main bambara bean supplier to Nigeria, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Kenya was relatively modest.

In value terms, Kenya ($X) constituted the largest supplier of bambara bean to Nigeria.

From 2012 to 2019, the average annual growth rate of value from Kenya was relatively modest.

Import Prices by Country

In 2019, the average bambara bean import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2019, the rate of growth in terms of prices for Kenya amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?
+
The countries with the highest volumes of bambara bean consumption in 2019 were Burkina Faso (58K tonnes), Cameroon (51K tonnes) and Niger (45K tonnes), with a combined 65% share of global consumption. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of bambara beans in the world?
+
The countries with the highest volumes of bambara bean production in 2019 were Burkina Faso (58K tonnes), Cameroon (51K tonnes) and Niger (45K tonnes), with a combined 63% share of global production. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further 30%.
What are the leading suppliers of bambara beans to Nigeria?
+
In value terms, Kenya ($45K) constituted the largest supplier of bambara bean to Nigeria.
What are the leading importers of bambara beans from Nigeria?
+
In value terms, Canada ($273) remains the key foreign market for bambara bean exports from Nigeria.
What is the average export price for bambara beans in Nigeria?
+
In 2017, the average bambara bean export price amounted to $1,198 per tonne, with an increase of 12% against the previous year.
What is the average import price for bambara beans in Nigeria?
+
In 2019, the average bambara bean import price amounted to $1,843 per tonne, picking up by 60% against the previous year.

Product coverage:
• FCL 203 - Bambara beans

This report provides an in-depth analysis of the bambara bean 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 2025.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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