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Nigeria - Currants And Gooseberries - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Currant And Gooseberry Market Overview 2021

Currant And Gooseberry Market Size in Nigeria

The Nigerien currant and gooseberry market soared to $X in 2020, increasing by X% against the previous year. Over the period under review, consumption enjoyed tangible growth. The pace of growth was the most pronounced in 2019 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to see steady growth in the near future.

Currant And Gooseberry Production in Nigeria

In value terms, currant and gooseberry production skyrocketed to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Currant and gooseberry production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

In 2020, the average currant and gooseberry yield in Nigeria amounted to X kg per ha, remaining constant against the previous year's figure. Overall, the yield recorded 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.

The currant and gooseberry harvested area in Nigeria totaled X ha in 2020, leveling off at the previous year. In general, the harvested area showed a relatively flat trend pattern.

Currant And Gooseberry Exports

Exports from Nigeria

In 2020, currant and gooseberry exports from Nigeria stood at X kg, remaining constant against 2019 figures. In general, exports enjoyed significant growth. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, currant and gooseberry exports stood at $X in 2020. Over the period under review, exports showed a significant expansion. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

India (X tonnes) was the main destination for currant and gooseberry exports from Nigeria, with a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to India was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

In 2018, the average currant and gooseberry export price amounted to $X per tonne, approximately mirroring the previous year. Overall, the export price showed a abrupt contraction. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for India amounted to X% per year.

Currant And Gooseberry Imports

Imports into Nigeria

In 2020, purchases abroad of currants and gooseberries decreased by -X% to X kg, falling for the second consecutive year after seven years of growth. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, currant and gooseberry imports dropped sharply to $X in 2020. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X kg) was the main currant and gooseberry supplier to Nigeria, with a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of currant and gooseberry to Nigeria.

From 2012 to 2020, the average annual rate of growth in terms of value from the Netherlands amounted to +X%.

Import Prices by Country

In 2020, the average currant and gooseberry import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for currants and gooseberries in the world?
+
Russia (485K tonnes) remains the largest currant and gooseberry consuming country worldwide, accounting for 58% of total volume. Moreover, currant and gooseberry consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland (131K tonnes), fourfold. The third position in this ranking was occupied by Germany (103K tonnes), with a 12% share.
What are the largest producers of currants and gooseberries in the world?
+
Russia (484K tonnes) constituted the country with the largest volume of currant and gooseberry production, accounting for 58% of total volume. Moreover, currant and gooseberry production in Russia exceeded the figures recorded by the second-largest producer, Poland (134K tonnes), fourfold. Germany (98K tonnes) ranked third in terms of total production with a 12% share.
What are the leading suppliers of currants and gooseberries to Nigeria?
+
In value terms, the Netherlands ($4.1K) constituted the largest supplier of currant and gooseberry to Nigeria.
What is the average export price for currants and gooseberries in Nigeria?
+
In 2018, the average currant and gooseberry export price amounted to $2,362 per tonne, almost unchanged from the previous year.
What is the average import price for currants and gooseberries in Nigeria?
+
The average currant and gooseberry import price stood at $4,908 per tonne in 2020, jumping by 16% against the previous year.

Product coverage:
• FCL 550 - Currants
• FCL 549 - Gooseberries

This report provides an in-depth analysis of the currant and gooseberry 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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