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Nigeria - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Green Peas Market Overview 2021

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Green Peas Market Size in Nigeria

The Nigerien green peas market declined notably to $X in 2019, waning by -X% against the previous year. Overall, consumption showed a noticeable setback. The pace of growth appeared the most rapid in 2012 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2019, consumption remained at a lower figure.

Green Peas Production in Nigeria

In value terms, green peas production surged to $X in 2019 estimated in export prices. Over the period under review, production, however, showed a abrupt descent. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production failed to regain the momentum.

In 2019, the average yield of peas (green) in Nigeria stood at X kg per ha, standing approx. at 2018. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of peas (green) production in Nigeria totaled X ha, almost unchanged from the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Green Peas Exports

Exports from Nigeria

In 2019, overseas shipments of peas (green) were finally on the rise to reach X tonnes after two years of decline. In general, exports, however, saw a deep contraction. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, green peas exports skyrocketed to $X in 2019. Overall, exports, however, recorded a abrupt contraction. Exports peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2019, the average annual growth rate of volume to India amounted to -X%.

In value terms, India ($X) also remains the key foreign market for green peas exports from Nigeria.

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

Export Prices by Country

The average green peas export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the export price, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

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

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

Green Peas Imports

Imports into Nigeria

In 2019, after six years of decline, there was significant growth in supplies from abroad of peas (green), when their volume increased by X% to X tonnes. Overall, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, green peas imports expanded modestly to $X in 2019. In general, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, China (X tonnes) was the main supplier of green peas to Nigeria, with a X% share of total imports. Moreover, green peas imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), more than tenfold.

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

In value terms, China ($X) constituted the largest supplier of green peas to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Italy (-X% per year).

Import Prices by Country

In 2019, the average green peas import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (green) in the world?
+
The country with the largest volume of green peas consumption was China (13M tonnes), accounting for 61% of total volume. Moreover, green peas consumption in China exceeded the figures recorded by the second-largest consumer, India (5.6M tonnes), twofold.
What are the largest producers of peas (green) in the world?
+
China (13M tonnes) remains the largest green peas producing country worldwide, comprising approx. 61% of total volume. Moreover, green peas production in China exceeded the figures recorded by the second-largest producer, India (5.6M tonnes), twofold.
What are the leading suppliers of peas (green) to Nigeria?
+
In value terms, China ($24K) constituted the largest supplier of green peas to Nigeria, comprising 94% of total imports. The second position in the ranking was occupied by the UK ($861), with a 3.4% share of total imports.
What are the leading importers of peas (green) from Nigeria?
+
In value terms, India ($405K) remains the key foreign market for green peas exports from Nigeria.
What is the average export price for peas (green) in Nigeria?
+
In 2019, the average green peas export price amounted to $1,686 per tonne, falling by -24.2% against the previous year.
What is the average import price for peas (green) in Nigeria?
+
In 2019, the average green peas import price amounted to $948 per tonne, waning by -33.4% against the previous year.

Product coverage:
• FCL 417 - Peas, green

This report provides an in-depth analysis of the green peas 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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