Report Update Apr 1, 2024

Nigeria - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Frozen Fruit Market 2024

Frozen Fruit Market Size in Nigeria

The Nigerien frozen fruit market expanded notably to $X in 2022, picking up by X% against the previous year. Overall, consumption posted resilient growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Frozen Fruit Production in Nigeria

In value terms, frozen fruit production expanded sharply to $X in 2022 estimated in export price. Overall, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Frozen fruit production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Frozen Fruit Exports

Exports from Nigeria

In 2018, the amount of frozen fruits exported from Nigeria was estimated at X tons, remaining relatively unchanged against 2017. In general, exports showed a abrupt shrinkage. The smallest decline of X% was in 2014. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

In value terms, frozen fruit exports amounted to $X in 2018. Overall, exports continue to indicate a precipitous decrease. The smallest decline of X% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for frozen fruit exports from Nigeria, with a X% share of total exports. It was followed by Uganda (X kg), with a X% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to Niger amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and South Africa (X% per year).

From 2013 to 2018, the average annual rate of growth in terms of value to Niger totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2018, the average frozen fruit export price amounted to $X per ton, flattening at the previous year. Overall, the export price faced a deep downturn. The pace of growth was the most pronounced in 2014 a decrease of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2018, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fruit Imports

Imports into Nigeria

In 2022, overseas purchases of frozen fruits increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen fruit imports skyrocketed to $X in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Romania (X tons) and China (X tons) were the main suppliers of frozen fruit imports to Nigeria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Romania ($X) and China ($X) appeared to be the largest frozen fruit suppliers to Nigeria, together comprising X% of total imports.

In terms of the main suppliers, the UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fruit import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen fruits in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 35% of global consumption. Pakistan, Bangladesh, Nigeria, Indonesia, Germany, Ethiopia, Kenya, Mexico, Italy and Canada lagged somewhat behind, together comprising a further 26%.

What are the largest producers of frozen fruits in the world?

The country with the largest volume of frozen fruit production was China, comprising approx. 18% of total volume. Moreover, frozen fruit production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with a 5.9% share.

What are the leading suppliers of frozen fruits to Nigeria?

In value terms, the largest frozen fruit suppliers to Nigeria were the UK, Romania and China, with a combined 96% share of total imports.

What is the average export price for frozen fruits in Nigeria?

In 2018, the average frozen fruit export price amounted to $1,147 per ton, stabilizing at the previous year.

What is the average import price for frozen fruits in Nigeria?

The average frozen fruit import price stood at $1,250 per ton in 2022, which is down by -46.9% against the previous year.

This report provides an in-depth analysis of the frozen fruit 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.

Product coverage:

Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023