Report Nigeria - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 24, 2021

Nigeria - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Nigeria: Bambara Bean Market Overview 2021

Bambara Bean Market Size in Nigeria

The Nigerien bambara bean market stood at $X in 2020, remaining constant 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 showed a precipitous setback. Bambara bean consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Bambara Bean Exports

Exports from Nigeria

In 2020, overseas shipments of bambara beans decreased by X% to X kg for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. from 2018 to 2020, the growth exports remained at a lower figure.

In value terms, bambara bean exports stood at $X in 2020. In general, exports saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for bambara bean exports from Nigeria, with a X% share of total exports. Moreover, bambara bean exports to the U.S. exceeded the volume sent to the second major destination, Canada (X kg), sevenfold.

From 2012 to 2017, the average annual rate of growth in terms of volume to the U.S. was relatively modest.

In value terms, the U.S. ($X) emerged as the key foreign market for bambara bean exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2012 to 2017, the average annual growth rate of value to the U.S. was relatively modest.

Export Prices by Country

In 2017, the average bambara bean export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price enjoyed strong growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2017, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Canada amounted to $X per tonne.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Bambara Bean Imports

Imports into Nigeria

In 2020, imports of bambara beans into Nigeria totaled X tonnes, approximately equating 2019 figures. Over the period under review, imports showed a sharp shrinkage. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, bambara bean imports amounted to $X in 2020. Overall, imports showed a sharp shrinkage. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Cameroon (X kg) and Gabon (X kg) were the main suppliers of bambara bean imports to Nigeria.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cameroon.

In value terms, Cameroon ($X) constituted the largest supplier of bambara bean to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by Gabon ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Cameroon was relatively modest.

Import Prices by Country

In 2020, the average bambara bean import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate significant growth. Over the period under review, average import prices reached the maximum in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Cameroon ($X per tonne), while the price for Gabon amounted to $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Cameroon.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?
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The countries with the highest volumes of bambara bean consumption in 2020 were Burkina Faso (61K tonnes), Cameroon (55K tonnes) and Niger (50K tonnes), together comprising 64% of global consumption. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 30%.
What are the largest producers of bambara beans in the world?
+
The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso (61K tonnes), Cameroon (55K tonnes) and Niger (50K tonnes), with a combined 64% share of global production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of bambara beans to Nigeria?
+
In value terms, Cameroon ($2.8K) constituted the largest supplier of bambara bean to Nigeria, comprising 89% of total imports. The second position in the ranking was occupied by Gabon ($352), with a 11% share of total imports.
What are the leading importers of bambara beans from Nigeria?
+
In value terms, the U.S. ($2.2K) emerged as the key foreign market for bambara bean exports from Nigeria, comprising 89% of total exports. The second position in the ranking was occupied by Canada ($273), with a 11% share of total exports.
What is the average export price for bambara beans in Nigeria?
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In 2017, the average bambara bean export price amounted to $1,188 per tonne, increasing by 19% against the previous year.
What is the average import price for bambara beans in Nigeria?
+
In 2020, the average bambara bean import price amounted to $2,667 per tonne, leveling off at 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

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
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

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 2007–2020
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:
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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