Nigeria: Orange Market Overview 2021

Orange Market Size in Nigeria

In 2019, the Nigerien orange market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Orange consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Orange Exports

Exports from Nigeria

In 2019, approx. X tonnes of oranges were exported from Nigeria; dropping by -X% on the previous year. In general, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2017 to 2019, the growth exports remained at a lower figure.

In value terms, orange exports reduced rapidly to $X in 2019. Overall, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Niger (X tonnes) was the main destination for orange exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Niger totaled -X%.

In value terms, Niger ($X) also remains the key foreign market for orange exports from Nigeria.

From 2007 to 2019, the average annual growth rate of value to Niger totaled -X%.

Export Prices by Country

In 2019, the average orange export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The growth pace was the most rapid in 2013 an increase of X% year-to-year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Niger amounted to -X% per year.

Orange Imports

Imports into Nigeria

In 2019, orange imports into Nigeria soared to X tonnes, rising by X% compared with the previous year's figure. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, orange imports skyrocketed to $X in 2019. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, South Africa (X tonnes) constituted the largest supplier of orange to Nigeria, with a X% share of total imports. Moreover, orange imports from South Africa exceeded the figures recorded by the second-largest supplier, China (X tonnes), sevenfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from South Africa stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of orange to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value from South Africa amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2019, the average orange import price amounted to $X per tonne, approximately reflecting the previous year. In general, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oranges in the world?

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The countries with the highest volumes of orange consumption in 2019 were Brazil (17M tonnes), China (11M tonnes) and India (9.6M tonnes), together comprising 48% of global consumption.

What are the largest producers of oranges in the world?

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The countries with the highest volumes of orange production in 2019 were Brazil (17M tonnes), China (10M tonnes) and India (9.5M tonnes), together accounting for 47% of global production.

What are the leading suppliers of oranges to Nigeria?

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In value terms, South Africa ($99K) constituted the largest supplier of orange to Nigeria, comprising 54% of total imports. The second position in the ranking was occupied by China ($32K), with a 17% share of total imports. It was followed by Italy, with a 16% share.

What are the leading importers of oranges from Nigeria?

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In value terms, Niger ($3K) remains the key foreign market for orange exports from Nigeria.

What is the average export price for oranges in Nigeria?

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In 2019, the average orange export price amounted to $463 per tonne, declining by -7.3% against the previous year.

What is the average import price for oranges in Nigeria?

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The average orange import price stood at $809 per tonne in 2019, stabilizing at the previous year.