Nigeria - Dates - Market Analysis, Forecast, Size, Trends and Insights
Nigeria: Date Market Overview 2020
Date Market Size in Nigeria
The revenue of the date market in Nigeria amounted to $X in 2018, waning by -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). In general, date consumption continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the date market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.
Exports from Nigeria
Date exports from Nigeria amounted to X kg in 2018, coming down by -X% against the previous year. Over the period under review, date exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.
In value terms, date exports stood at $X in 2018. In general, date exports continue to indicate a deep decline. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.
Imports into Nigeria
In 2018, the imports of dates into Nigeria totaled X tonnes, coming down by -X% against the previous year. Over the period under review, date imports continue to indicate an abrupt descent. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. In that year, date imports attained their peak of X tonnes. From 2013 to 2018, the growth of date imports remained at a somewhat lower figure.
In value terms, date imports stood at $X in 2018. Over the period under review, date imports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, date imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the date 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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