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Nigeria - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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Nigeria: Non-Wheat Groats Market Overview 2021

Non-Wheat Groats Market Size in Nigeria

In 2020, after two years of decline, there was growth in the Nigerien non-wheat groats market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Non-wheat groats consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Non-Wheat Groats Production in Nigeria

In value terms, non-wheat groats production reached $X in 2020 estimated in export prices. In general, production recorded a noticeable decline. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% against the previous year. Non-wheat groats production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Non-Wheat Groats Exports

Exports from Nigeria

In 2020, after five years of growth, there was decline in overseas shipments of groats and meal of cereals (excluding wheat), when their volume decreased by -X% to X tonnes. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes, and then shrank modestly in the following year.

In value terms, non-wheat groats exports fell slightly to $X in 2020. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. As a result, exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

Canada (X tonnes) was the main destination for non-wheat groats exports from Nigeria, with a X% share of total exports. Moreover, non-wheat groats exports to Canada exceeded the volume sent to the second major destination, the U.S. (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and South Africa (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for non-wheat groats exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and South Africa (+X% per year).

Export Prices by Country

In 2020, the average non-wheat groats export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, 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.

Non-Wheat Groats Imports

Imports into Nigeria

In 2020, approx. X tonnes of groats and meal of cereals (excluding wheat) were imported into Nigeria; increasing by X% on the previous year. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, non-wheat groats imports rose remarkably to $X in 2020. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, India (X tonnes) was the main supplier of non-wheat groats to Nigeria, with a X% share of total imports. Moreover, non-wheat groats imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (+X% per year).

In value terms, India ($X) constituted the largest supplier of non-wheat groats to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

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

Import Prices by Country

In 2020, the average non-wheat groats import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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 groats and meal of cereals (excluding wheat) in the world?
+
China (2.7M tonnes) remains the largest non-wheat groats consuming country worldwide, accounting for 17% of total volume. Moreover, non-wheat groats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1.1M tonnes), twofold. The third position in this ranking was occupied by India (1M tonnes), with a 6.5% share.
What are the largest producers of groats and meal of cereals (excluding wheat) in the world?
+
The country with the largest volume of non-wheat groats production was China (2.7M tonnes), comprising approx. 17% of total volume. Moreover, non-wheat groats production in China exceeded the figures recorded by the second-largest producer, India (1.1M tonnes), threefold. The third position in this ranking was occupied by the U.S. (1M tonnes), with a 6.3% share.
What are the leading suppliers of groats and meal of cereals (excluding wheat) to Nigeria?
+
In value terms, India ($1.6M) constituted the largest supplier of non-wheat groats to Nigeria, comprising 76% of total imports. The second position in the ranking was occupied by the UK ($286K), with a 13% share of total imports.
What are the leading importers of groats and meal of cereals (excluding wheat) from Nigeria?
+
In value terms, the U.S. ($131K) remains the key foreign market for non-wheat groats exports from Nigeria, comprising 78% of total exports. The second position in the ranking was occupied by Canada ($28K), with a 17% share of total exports.
What is the average export price for groats and meal of cereals (excluding wheat) in Nigeria?
+
The average non-wheat groats export price stood at $195 per tonne in 2020, surging by 1.8% against the previous year.
What is the average import price for groats and meal of cereals (excluding wheat) in Nigeria?
+
In 2020, the average non-wheat groats import price amounted to $317 per tonne, reducing by -1.5% against the previous year.

Product coverage:
• Prodcom 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)

This report provides an in-depth analysis of the non-wheat groats 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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