Latest Report Update: Dec 23, 2021

Nigeria - Oranges - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Nigeria: Orange Market Overview 2021

Orange Market Size in Nigeria

The Nigerien orange market soared to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2016 to 2020, the growth of the market remained at a somewhat lower figure.

Orange Exports

Exports from Nigeria

In 2020, approx. X tonnes of oranges were exported from Nigeria; dropping by -X% compared with the previous year. Over the period under review, exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, orange exports reduced sharply to $X in 2020. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Niger (X tonnes) was the main destination for orange exports from Nigeria, with a X% share of total exports. It was followed by Ireland (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Niger amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and the Netherlands (+X% per year).

In value terms, Niger ($X) remains the key foreign market for orange exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Niger totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Ireland (X% per year).

Export Prices by Country

The average orange export price stood at $X per tonne in 2020, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Niger ($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 Niger, while the prices for the other major destinations experienced mixed trend patterns.

Orange Imports

Imports into Nigeria

In 2020, approx. X tonnes of oranges were imported into Nigeria; increasing by X% against 2019. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, orange imports rose significantly to $X in 2020. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, South Africa (X tonnes) constituted the largest orange supplier to Nigeria, accounting for a X% share of total imports. Moreover, orange imports from South Africa exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), sevenfold. China (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, 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: Spain (+X% per year) and China (+X% per year).

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

From 2007 to 2020, 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: Spain (+X% per year) and China (+X% per year).

Import Prices by Country

The average orange import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, 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 oranges in the world?
+
The countries with the highest volumes of orange consumption in 2020 were Brazil (17M tonnes), China (12M tonnes) and India (10M tonnes), together accounting for 48% of global consumption.
What are the largest producers of oranges in the world?
+
The countries with the highest volumes of orange production in 2020 were Brazil (17M tonnes), China (11M tonnes) and India (10M tonnes), together comprising 48% of global production.
What are the leading suppliers of oranges to Nigeria?
+
In value terms, South Africa ($62K) constituted the largest supplier of orange to Nigeria, comprising 70% of total imports. The second position in the ranking was occupied by Spain ($12K), with a 13% share of total imports. It was followed by China, with a 7.5% share.
What are the leading importers of oranges from Nigeria?
+
In value terms, Niger ($9.7K) remains the key foreign market for orange exports from Nigeria, comprising 76% of total exports. The second position in the ranking was occupied by the Netherlands ($1.3K), with a 10% share of total exports.
What is the average export price for oranges in Nigeria?
+
In 2020, the average orange export price amounted to $971 per tonne, approximately reflecting the previous year.
What is the average import price for oranges in Nigeria?
+
The average orange import price stood at $394 per tonne in 2020, which is down by -2.5% against the previous year.

Product coverage:
• FCL 490 - Oranges

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 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

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
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 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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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