Latest Report Update: Sep 6, 2021

Nigeria - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Nigeria: Preserved Frozen Potato Market Overview 2021

Preserved Frozen Potato Market Size in Nigeria

The Nigerien preserved frozen potato market skyrocketed to $X in 2020, with an increase of 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). Overall, consumption recorded a prominent increase. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is likely to see gradual growth in the immediate term.

Preserved Frozen Potato Exports

Exports from Nigeria

In 2020, shipments abroad of frozen potatoes (prepared or preserved) decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of X kg. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved frozen potato exports dropped to $X in 2020. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Gambia (X kg) was the main destination for preserved frozen potato exports from Nigeria, accounting for a X% share of total exports. Moreover, preserved frozen potato exports to Gambia exceeded the volume sent to the second major destination, South Africa (X kg), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Gambia stood at -X%.

In value terms, Gambia ($X) emerged as the key foreign market for preserved frozen potato exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Gambia stood at -X%.

Export Prices by Country

The average preserved frozen potato export price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Gambia ($X per tonne), while the average price for exports to South Africa totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Gambia.

Preserved Frozen Potato Imports

Imports into Nigeria

In 2020, approx. X tonnes of frozen potatoes (prepared or preserved) were imported into Nigeria; rising by X% against 2019 figures. Overall, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are likely to see steady growth in the immediate term.

In value terms, preserved frozen potato imports skyrocketed to $X in 2020. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Belgium (X tonnes) constituted the largest preserved frozen potato supplier to Nigeria, with a X% share of total imports. Moreover, preserved frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), twofold. The third position in this ranking was occupied by Lebanon (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Lebanon (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of preserved frozen potato to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2020, the average preserved frozen potato import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a slight decline. The growth pace was the most rapid in 2009 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for Lebanon ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen potatoes (prepared or preserved) in the world?
+
China (6.2M tonnes) constituted the country with the largest volume of preserved frozen potato consumption, comprising approx. 28% of total volume. Moreover, preserved frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.8M tonnes), twofold. The third position in this ranking was occupied by India (2.5M tonnes), with a 11% share.
What are the largest producers of frozen potatoes (prepared or preserved) in the world?
+
China (6.1M tonnes) constituted the country with the largest volume of preserved frozen potato production, accounting for 27% of total volume. Moreover, preserved frozen potato production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.6M tonnes), twofold. India (2.6M tonnes) ranked third in terms of total production with a 11% share.
What are the leading suppliers of frozen potatoes (prepared or preserved) to Nigeria?
+
In value terms, Belgium ($1.8M) constituted the largest supplier of preserved frozen potato to Nigeria, comprising 65% of total imports. The second position in the ranking was occupied by the Netherlands ($803K), with a 28% share of total imports. It was followed by Denmark, with a 1.7% share.
What are the leading importers of frozen potatoes (prepared or preserved) from Nigeria?
+
In value terms, Gambia ($105) emerged as the key foreign market for preserved frozen potato exports from Nigeria, comprising 75% of total exports. The second position in the ranking was occupied by South Africa ($13), with a 9.1% share of total exports.
What is the average export price for frozen potatoes (prepared or preserved) in Nigeria?
+
In 2020, the average preserved frozen potato export price amounted to $2,739 per tonne, surging by 83% against the previous year.
What is the average import price for frozen potatoes (prepared or preserved) in Nigeria?
+
In 2020, the average preserved frozen potato import price amounted to $780 per tonne, declining by -16.9% against the previous year.

Product coverage:
• Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved frozen potato 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

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register

Webinar: Global Lithium Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 04:00 pm ET


Register

Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global recovered paper market.



Thursday, October 7th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data