Nigeria: Piper Pepper Market Overview 2021

Piper Pepper Market Size in Nigeria

The Nigerien piper pepper market shrank markedly to $X in 2019, which is down 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). Overall, consumption saw a pronounced descent. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Piper pepper consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Piper Pepper Exports

Exports from Nigeria

In 2019, overseas shipments of piper pepper were finally on the rise to reach X tonnes after two years of decline. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by 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, piper pepper exports surged to $X in 2019. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

The UK (X tonnes) was the main destination for piper pepper exports from Nigeria, with a X% share of total exports. Moreover, piper pepper exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), twofold. The third position in this ranking was occupied by South Africa (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and South Africa (+X% per year).

In value terms, the UK ($X) remains the key foreign market for piper pepper exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average piper pepper export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into Nigeria

In 2019, the amount of piper pepper imported into Nigeria dropped to X tonnes, falling by -X% on 2018. Over the period under review, imports, however, recorded modest growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, piper pepper imports fell to $X in 2019. In general, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

India (X tonnes), China (X tonnes) and France (X tonnes) were the main suppliers of piper pepper imports to Nigeria, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper suppliers to Nigeria were France ($X), India ($X) and China ($X), with a combined X% share of total imports.

India recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average piper pepper import price stood at $X per tonne in 2019, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for the UK ($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 United Arab Emirates, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for piper pepper in the world?

+

The country with the largest volume of piper pepper consumption was Ethiopia (373K tonnes), accounting for 35% of total volume. Moreover, piper pepper consumption in Ethiopia exceeded the figures recorded by the second-largest consumer, Viet Nam (110K tonnes), threefold. India (75K tonnes) ranked third in terms of total consumption with a 7% share.

What are the largest producers of piper pepper in the world?

+

The countries with the highest volumes of piper pepper production in 2019 were Ethiopia (374K tonnes), Viet Nam (265K tonnes) and Brazil (109K tonnes), with a combined 70% share of global production.

What are the leading suppliers of piper pepper to Nigeria?

+

In value terms, the largest piper pepper suppliers to Nigeria were France ($120K), India ($107K) and China ($57K), together accounting for 69% of total imports.

What are the leading importers of piper pepper from Nigeria?

+

In value terms, the UK ($106K) remains the key foreign market for piper pepper exports from Nigeria, comprising 47% of total exports. The second position in the ranking was occupied by the U.S. ($51K), with a 23% share of total exports. It was followed by Canada, with a 12% share.

What is the average export price for piper pepper in Nigeria?

+

The average piper pepper export price stood at $3,658 per tonne in 2019, declining by -15% against the previous year.

What is the average import price for piper pepper in Nigeria?

+

In 2019, the average piper pepper import price amounted to $2,072 per tonne, approximately mirroring the previous year.