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Nigeria - Frozen Vegetables And Mixtures Of Vegetables (Excluding Dishes) - Market Analysis, Forecast, Size, Trends And Insights
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Nigeria: Prepared Frozen Vegetables Market Overview 2021

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Prepared Frozen Vegetables Market Size in Nigeria

In 2020, the Nigerien prepared frozen vegetables market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Prepared Frozen Vegetables Production in Nigeria

In value terms, prepared frozen vegetables production skyrocketed to $X in 2020 estimated in export prices. In general, the total production indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Prepared frozen vegetables production peaked in 2020 and is likely to continue growth in the near future.

Prepared Frozen Vegetables Exports

Exports from Nigeria

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, prepared frozen vegetables exports surged to $X in 2020. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

The U.S. (X tonnes) was the main destination for prepared frozen vegetables exports from Nigeria, accounting for a X% share of total exports. It was followed by Benin (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. stood at +X%.

In value terms, the U.S. ($X) remains the key foreign market for prepared frozen vegetables exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by Benin ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%.

Export Prices by Country

In 2020, the average prepared frozen vegetables export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Benin totaled $X per tonne.

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

Prepared Frozen Vegetables Imports

Imports into Nigeria

In 2020, prepared frozen vegetables imports into Nigeria dropped significantly to X tonnes, falling by -X% on 2019 figures. In general, imports showed a sharp setback. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, prepared frozen vegetables imports contracted notably to $X in 2020. Over the period under review, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tonnes), China (X tonnes) and Italy (X kg) were the main suppliers of prepared frozen vegetables imports to Nigeria, with a combined X% share of total imports. Turkey, the Netherlands, India and the UK lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Turkey, while purchases for the other leaders experienced a decline.

In value terms, the largest prepared frozen vegetables suppliers to Nigeria were South Africa ($X), China ($X) and Italy ($X), with a combined X% share of total imports. India, Turkey, the UK and the Netherlands lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average prepared frozen vegetables import price amounted to $X per tonne, jumping by X% against the previous year. Overall, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen vegetables and mixtures of vegetables (prepared or preserved) in the world?
+
China (719K tonnes) constituted the country with the largest volume of prepared frozen vegetables consumption, accounting for 15% of total volume. Moreover, prepared frozen vegetables consumption in China exceeded the figures recorded by the second-largest consumer, India (300K tonnes), twofold. The third position in this ranking was occupied by the U.S. (265K tonnes), with a 5.6% share.
What are the largest producers of frozen vegetables and mixtures of vegetables (prepared or preserved) in the world?
+
China (889K tonnes) constituted the country with the largest volume of prepared frozen vegetables production, accounting for 19% of total volume. Moreover, prepared frozen vegetables production in China exceeded the figures recorded by the second-largest producer, India (317K tonnes), threefold. The third position in this ranking was occupied by the U.S. (170K tonnes), with a 3.6% share.
What are the leading suppliers of frozen vegetables and mixtures of vegetables (prepared or preserved) to Nigeria?
+
In value terms, South Africa ($3.7K), China ($3.7K) and Italy ($1.4K) appeared to be the largest prepared frozen vegetables suppliers to Nigeria, with a combined 74% share of total imports. These countries were followed by India, Turkey, the UK and the Netherlands, which together accounted for a further 10%.
What are the leading importers of frozen vegetables and mixtures of vegetables (prepared or preserved) from Nigeria?
+
In value terms, the U.S. ($61K) remains the key foreign market for prepared frozen vegetables exports from Nigeria, comprising 96% of total exports. The second position in the ranking was occupied by Benin ($64), with a 0.1% share of total exports.
What is the average export price for frozen vegetables and mixtures of vegetables (prepared or preserved) in Nigeria?
+
In 2020, the average prepared frozen vegetables export price amounted to $2,235 per tonne, growing by 35% against the previous year.
What is the average import price for frozen vegetables and mixtures of vegetables (prepared or preserved) in Nigeria?
+
The average prepared frozen vegetables import price stood at $2,287 per tonne in 2020, jumping by 15% against the previous year.

Product coverage:
• Prodcom 10391740 - Frozen vegetables and mixtures of vegetables (excluding prepared vegetable dishes, frozen vegetables and mixtures of vegetables uncooked or cooked by steaming or boiling in water, or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the prepared frozen 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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