Report Update Apr 1, 2024

Nigeria - Mixes and Doughs - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Nigeria

The Nigerien mixes and doughs market totaled $X in 2022, standing approx. at the previous year. In general, consumption saw resilient growth. Mixes and doughs consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Nigeria

In value terms, mixes and doughs production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from Nigeria

In 2022, shipments abroad of mixes and doughs decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, mixes and doughs exports contracted dramatically to $X in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined significantly in the following year.

Exports by Country

South Africa (X tons) was the main destination for mixes and doughs exports from Nigeria, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to South Africa totaled X%.

In value terms, South Africa ($X) also remains the key foreign market for mixes and doughs exports from Nigeria.

From 2012 to 2022, the average annual growth rate of value to South Africa stood at X%.

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

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

Mixes And Doughs Imports

Imports into Nigeria

After two years of growth, overseas purchases of mixes and doughs decreased by X% to X tons in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, mixes and doughs imports fell rapidly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tons), Greece (X tons) and Germany (X tons) were the main suppliers of mixes and doughs imports to Nigeria, together comprising X% of total imports. China, Pakistan, the UK, the United States, Belgium, France and South Africa lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest mixes and doughs suppliers to Nigeria were Germany ($X), Turkey ($X) and Greece ($X), together accounting for X% of total imports. South Africa, the United States, China, Belgium, France, the UK and Pakistan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Pakistan, 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

In 2022, the average mixes and doughs import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), 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 mixes and doughs in the world?

China constituted the country with the largest volume of mixes and doughs consumption, accounting for 17% of total volume. Moreover, mixes and doughs consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of mixes and doughs in the world?

China remains the largest mixes and doughs producing country worldwide, accounting for 16% of total volume. Moreover, mixes and doughs production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of mixes and doughs to Nigeria?

In value terms, Germany, Turkey and Greece were the largest mixes and doughs suppliers to Nigeria, together accounting for 84% of total imports. South Africa, the United States, China, Belgium, France, the UK and Pakistan lagged somewhat behind, together comprising a further 16%.

What are the leading importers of mixes and doughs from Nigeria?

In value terms, South Africa remains the key foreign market for mixes and doughs exports from Nigeria.

What is the average export price for mixes and doughs in Nigeria?

In 2022, the average mixes and doughs export price amounted to $189 per ton, declining by -9.7% against the previous year.

What is the average import price for mixes and doughs in Nigeria?

In 2022, the average mixes and doughs import price amounted to $3,266 per ton, increasing by 88% against the previous year.

This report provides an in-depth analysis of the mixes and doughs 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 10612400 - Mixes and doughs for the preparation of bread, cakes, pastry, c rispbread, biscuits, waffles, wafers, rusks, toasted bread and similar toasted products and other bakers

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