Report Update Apr 1, 2024

Nigeria - Guts, Bladders and Stomachs of Animals - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Animal Guts Market 2024

Animal Guts Market Size in Nigeria

The Nigerien animal guts market reached $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Animal Guts Production in Nigeria

In value terms, animal guts production expanded modestly to $X in 2022 estimated in export price. Overall, production posted prominent growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Animal guts production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Animal Guts Exports

Exports from Nigeria

In 2022, the amount of guts, bladders and stomachs of animals exported from Nigeria dropped remarkably to X kg, with a decrease of X% on the previous year's figure. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, animal guts exports dropped remarkably to $X in 2022. Over the period under review, exports saw a slight slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for animal guts exports from Nigeria, accounting for a X% share of total exports. Moreover, animal guts exports to Cote d'Ivoire exceeded the volume sent to the second major destination, South Africa (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Malawi (X% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for guts, bladders and stomachs of animals exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Malawi ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (X% per year) and South Africa (X% per year).

Export Prices by Country

The average animal guts export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced mixed trend patterns.

Animal Guts Imports

Imports into Nigeria

In 2022, supplies from abroad of guts, bladders and stomachs of animals decreased by X% to X kg, falling for the third consecutive year after four years of growth. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, animal guts imports reduced notably to $X in 2022. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X kg) was the main animal guts supplier to Nigeria, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at X%.

In value terms, the UK ($X) constituted the largest supplier of guts, bladders and stomachs of animals to Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK stood at X%.

Import Prices by Country

In 2022, the average animal guts import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to X.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for guts, bladders and stomachs of animals in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 30% share of global consumption. Spain, Indonesia, Nigeria, Japan, Russia, Germany, Pakistan, Brazil, Mexico and Bangladesh lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of guts, bladders and stomachs of animals in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 29% share of global production. Spain, Brazil, Indonesia, Nigeria, Germany, Russia, Pakistan, Japan, Bangladesh and Ethiopia lagged somewhat behind, together accounting for a further 29%.

What are the leading suppliers of guts, bladders and stomachs of animals to Nigeria?

In value terms, the UK $602) constituted the largest supplier of guts, bladders and stomachs of animals to Nigeria.

What are the leading importers of guts, bladders and stomachs of animals from Nigeria?

In value terms, Cote d'Ivoire remains the key foreign market for guts, bladders and stomachs of animals exports from Nigeria, comprising 99% of total exports. The second position in the ranking was held by Malawi $27), with a 0.7% share of total exports.

What is the average export price for guts, bladders and stomachs of animals in Nigeria?

In 2022, the average animal guts export price amounted to $10,291 per ton, falling by -20.1% against the previous year.

What is the average import price for guts, bladders and stomachs of animals in Nigeria?

In 2022, the average animal guts import price amounted to $602,000 per ton, picking up by 11,205% against the previous year.

This report provides an in-depth analysis of the animal guts 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 10116030 - Guts, bladders and stomachs of animals, whole or in pieces (excluding fish)

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