Nigeria: Canned Pineapple Market Overview 2021

Canned Pineapple Market Size in Nigeria

In 2019, the Nigerien canned pineapple market decreased by -X% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, saw a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Canned Pineapple Production in Nigeria

In value terms, canned pineapple production amounted to $X in 2019 estimated in export prices. Over the period under review, production showed a abrupt slump. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

Canned Pineapple Exports

Exports from Nigeria

For the third consecutive year, Nigeria recorded decline in shipments abroad of canned pineapples, which decreased by -X% to X kg in 2019. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2017 to 2019, the growth exports remained at a lower figure.

In value terms, canned pineapple exports skyrocketed to $X in 2019. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for canned pineapple exports from Nigeria, accounting for a X% share of total exports. Moreover, canned pineapple exports to the Netherlands exceeded the volume sent to the second major destination, Burkina Faso (X kg), ninefold.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+X% per year) and Canada (X% per year).

In value terms, the Netherlands ($X), Canada ($X) and Burkina Faso ($X) constituted the largest markets for canned pineapple exported from Nigeria worldwide.

Among the main countries of destination, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average canned pineapple export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Canada ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso, while the prices for the other major destinations experienced mixed trend patterns.

Canned Pineapple Imports

Imports into Nigeria

In 2019, overseas purchases of canned pineapples decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, canned pineapple imports fell rapidly to $X in 2019. Overall, imports recorded notable growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest supplier of canned pineapple to Nigeria, with a X% share of total imports. Moreover, canned pineapple imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tonnes), fourfold. The third position in this ranking was occupied by Germany (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of canned pineapple to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2019, the average canned pineapple import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, import price indicated moderate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, canned pineapple import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Lebanon ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canned pineapples in the world?

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The countries with the highest volumes of canned pineapple consumption in 2019 were the U.S. (291K tonnes), Indonesia (259K tonnes) and Brazil (188K tonnes), together comprising 33% of global consumption. These countries were followed by Thailand, Angola, China, India, the Philippines, Costa Rica, Malaysia, Germany, Russia and Australia, which together accounted for a further 41%.

What are the largest producers of canned pineapples in the world?

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The countries with the highest volumes of canned pineapple production in 2019 were Thailand (554K tonnes), Indonesia (446K tonnes) and the Philippines (297K tonnes), together accounting for 57% of global production. These countries were followed by Brazil, Angola, China, India, Malaysia, Costa Rica, Kenya and Viet Nam, which together accounted for a further 36%.

What are the leading suppliers of canned pineapples to Nigeria?

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In value terms, the Netherlands ($7.8K) constituted the largest supplier of canned pineapple to Nigeria, comprising 55% of total imports. The second position in the ranking was occupied by South Africa ($2K), with a 14% share of total imports. It was followed by Germany, with a 9.1% share.

What are the leading importers of canned pineapples from Nigeria?

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In value terms, the largest markets for canned pineapple exported from Nigeria were the Netherlands ($71), Canada ($57) and Burkina Faso ($39).

What is the average export price for canned pineapples in Nigeria?

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The average canned pineapple export price stood at $1,160 per tonne in 2019, jumping by 87% against the previous year.

What is the average import price for canned pineapples in Nigeria?

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The average canned pineapple import price stood at $1,343 per tonne in 2019, dropping by -5.2% against the previous year.