Report Nigeria - Oranges - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Nigeria - Oranges - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Orange Market 2023

Orange Market Size in Nigeria

The Nigerien orange market declined notably to $X in 2021, which is down by -77.8% against the previous year. Over the period under review, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Orange Production in Nigeria

In value terms, orange production totaled less than $X in 2021 estimated in export price. Overall, production showed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 153%. Orange production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Orange Exports

Exports from Nigeria

In 2021, shipments abroad of oranges increased by 816% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, orange exports soared to $X in 2021. Over the period under review, exports posted a resilient increase. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Niger (X tons) was the main destination for orange exports from Nigeria, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Niger was relatively modest.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Niger amounted to +12.6%.

Export Prices by Country

The average orange export price stood at $X per ton in 2021, jumping by 37% against the previous year. In general, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2014 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Cameroon amounted to +22.9% per year.

Orange Imports

Imports into Nigeria

Orange imports into Nigeria fell remarkably to X tons in 2021, waning by -92.1% compared with the previous year. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 236%. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank significantly in the following year.

In value terms, orange imports dropped rapidly to $X in 2021. Over the period under review, imports showed a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of 496%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2021, South Africa (X tons) constituted the largest supplier of orange to Nigeria, accounting for a 74% share of total imports. Moreover, orange imports from South Africa exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (0.0% per year) and the United States (0.0% per year).

In value terms, South Africa ($X) constituted the largest supplier of oranges to Nigeria, comprising 88% of total imports. The second position in the ranking was taken by the United States ($X), with an 8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from South Africa amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Japan (0.0% per year).

Import Prices by Country

In 2021, the average orange import price amounted to $X per ton, surging by 3.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 82% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for oranges in the world?
+
The countries with the highest volumes of consumption in 2021 were Brazil, India and China, with a combined 46% share of global consumption.
What are the largest producers of oranges in the world?
+
The countries with the highest volumes of production in 2021 were Brazil, India and China, together comprising 45% of global production.
What are the leading suppliers of oranges to Nigeria?
+
In value terms, South Africa constituted the largest supplier of oranges to Nigeria, comprising 88% of total imports. The second position in the ranking was held by the United States, with an 8% share of total imports.
What are the leading importers of oranges from Nigeria?
+
In value terms, Niger remains the key foreign market for oranges exports from Nigeria.
What is the average export price for oranges in Nigeria?
+
In 2021, the average orange export price amounted to $1,329 per ton, growing by 37% against the previous year.
What is the average import price for oranges in Nigeria?
+
The average orange import price stood at $760 per ton in 2021, with an increase of 3.1% against the previous year.

This report provides an in-depth analysis of the orange 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:
• FCL 490 - Oranges
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Yield And Growth
Figure 16:
Exports And Growth
Figure 17:
Export Prices And Growth
Figure 18:
Market Size And Growth
Figure 19:
Per Capita Consumption
Figure 20:
Imports And Growth
Figure 21:
Import Prices
Figure 22:
Production, In Physical Terms, 2012–2022
Figure 23:
Production, In Value Terms, 2012–2022
Figure 24:
Area Harvested, 2012–2022
Figure 25:
Yield, 2012–2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country Of Origin, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, By Country Of Destination, 2012–2022
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