Nigeria: Chick Peas Market 2024

Chick Peas Market Size in Nigeria

In 2022, the Nigerien chick peas market was finally on the rise to reach $X after four years of decline. In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Chick Peas Production in Nigeria

In value terms, chick peas production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of chick peas in Nigeria totaled less than X kg per ha, standing approx. at 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of chick peas in Nigeria stood at less than X ha, remaining relatively unchanged against 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.

Chick Peas Exports

Exports from Nigeria

In 2022, overseas shipments of chick peas decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, chick peas exports surged to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ghana (X tons) was the main destination for chick peas exports from Nigeria, accounting for a X% share of total exports. Moreover, chick peas exports to Ghana exceeded the volume sent to the second major destination, the United States (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Ghana stood at X%.

In value terms, Ghana ($X) emerged as the key foreign market for chick peas exports from Nigeria, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ghana amounted to X%.

Export Prices by Country

The average chick peas export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 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 the United States ($X per ton), while the average price for exports to Ghana stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced a decline.

Chick Peas Imports

Imports into Nigeria

In 2022, supplies from abroad of chick peas increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chick peas imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest chick peas supplier to Nigeria, accounting for a X% share of total imports. Moreover, chick peas imports from India exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Turkey (X% per year).

In value terms, India ($X), Belgium ($X) and Turkey ($X) were the largest chick peas suppliers to Nigeria, together accounting for X% of total imports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chick peas import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, posted noticeable growth. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform