Nigeria: Piper Pepper Market 2024

Piper Pepper Market Size in Nigeria

In 2022, the Nigerien piper pepper market decreased by X% to $X, falling for the second year in a row after six years of growth. Overall, consumption posted a prominent increase. Piper pepper consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Piper Pepper Production in Nigeria

In value terms, piper pepper production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in the immediate term.

The average yield of piper pepper in Nigeria totaled less than X kg per ha in 2022, remaining constant against 2021. In general, the yield recorded 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.

The piper pepper harvested area in Nigeria stood at less than X ha in 2022, remaining stable against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

Piper Pepper Exports

Exports from Nigeria

In 2022, piper pepper exports from Nigeria soared to X tons, increasing by X% against the previous year's figure. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, piper pepper exports shrank dramatically to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Ghana (X tons) was the main destination for piper pepper exports from Nigeria, accounting for a X% share of total exports. Moreover, piper pepper exports to Ghana exceeded the volume sent to the second major destination, Mali (X tons), twofold. The third position in this ranking was taken by Senegal (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ghana stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and Senegal (X% per year).

In value terms, Mali ($X), Ghana ($X) and Niger ($X) appeared to be the largest markets for piper pepper exported from Nigeria worldwide, together accounting for X% of total exports. Senegal, Kuwait and Benin lagged somewhat behind, together comprising a further X%.

Benin, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average piper pepper export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced a decline.

Piper Pepper Imports

Imports into Nigeria

In 2022, the amount of piper pepper imported into Nigeria surged to X tons, with an increase of X% compared with 2021. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, piper pepper imports soared to $X in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

India (X tons), China (X tons) and France (X tons) were the main suppliers of piper pepper imports to Nigeria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, posted moderate growth. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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