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Nigeria - Dried Vegetables And Mixtures Of Vegetables - Market Analysis, Forecast, Size, Trends And Insights
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Nigeria: Dried Vegetables Market Overview 2021

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Dried Vegetables Market Size in Nigeria

For the fifth year in a row, the Nigerien dried vegetables market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Dried vegetables consumption peaked in 2019 and is likely to see gradual growth in the near future.

Dried Vegetables Production in Nigeria

In value terms, dried vegetables production reached $X in 2019 estimated in export prices. Overall, production showed a slight decline. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Dried Vegetables Exports

Exports from Nigeria

In 2019, approx. X tonnes of dried vegetables and mixtures of vegetables were exported from Nigeria; surging by X% on 2018 figures. Over the period under review, exports saw pronounced growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, dried vegetables exports dropped to $X in 2019. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for dried vegetables exports from Nigeria, accounting for a X% share of total exports. Moreover, dried vegetables exports to Hong Kong SAR exceeded the volume sent to the second major destination, Thailand (X tonnes), ninefold. South Africa (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and South Africa (-X% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for dried vegetables exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2019, the average dried vegetables export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to South Africa ($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 the U.S., while the prices for the other major destinations experienced a decline.

Dried Vegetables Imports

Imports into Nigeria

In 2019, dried vegetables imports into Nigeria stood at X tonnes, increasing by X% compared with 2018 figures. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, dried vegetables imports dropped to $X in 2019. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, India (X tonnes) constituted the largest dried vegetables supplier to Nigeria, with a X% share of total imports. Moreover, dried vegetables imports from India exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from India amounted to +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, Germany ($X), China ($X) and India ($X) appeared to be the largest dried vegetables suppliers to Nigeria, together comprising X% of total imports.

Germany (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried vegetables import price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average 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 Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried vegetables and mixtures of vegetables in the world?
+
China (434K tonnes) remains the largest dried vegetables consuming country worldwide, accounting for 17% of total volume. Moreover, dried vegetables consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (173K tonnes), threefold. The third position in this ranking was occupied by India (157K tonnes), with a 6.2% share.
What are the largest producers of dried vegetables and mixtures of vegetables in the world?
+
China (666K tonnes) remains the largest dried vegetables producing country worldwide, comprising approx. 27% of total volume. Moreover, dried vegetables production in China exceeded the figures recorded by the second-largest producer, India (166K tonnes), fourfold. The U.S. (106K tonnes) ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of dried vegetables and mixtures of vegetables to Nigeria?
+
In value terms, the largest dried vegetables suppliers to Nigeria were Germany ($367K), China ($210K) and India ($169K), with a combined 89% share of total imports.
What are the leading importers of dried vegetables and mixtures of vegetables from Nigeria?
+
In value terms, Hong Kong SAR ($417K) emerged as the key foreign market for dried vegetables exports from Nigeria, comprising 86% of total exports. The second position in the ranking was occupied by Thailand ($35K), with a 7.1% share of total exports. It was followed by the U.S., with a 2.5% share.
What is the average export price for dried vegetables and mixtures of vegetables in Nigeria?
+
The average dried vegetables export price stood at $1,144 per tonne in 2019, reducing by -12.7% against the previous year.
What is the average import price for dried vegetables and mixtures of vegetables in Nigeria?
+
The average dried vegetables import price stood at $2,460 per tonne in 2019, with a decrease of -7.2% against the previous year.

Product coverage:
• Prodcom 10391390 - Dried vegetables (excluding potatoes, onions, mushrooms and truffles) and mixtures of vegetables, whole, cut, sliced, b roken or in powder, but not further prepared

This report provides an in-depth analysis of the dried vegetables 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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