Latest Report Update: Dec 29, 2019

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

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Nigeria: Pistachio Market Overview 2019

Pistachio Market Size in Nigeria

The revenue of the pistachio market in Nigeria amounted to $X in 2018, falling by -X% against the previous year. In general, pistachio consumption continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the pistachio market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Pistachio Production in Nigeria

In value terms, pistachio production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Pistachio production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Average yield of pistachios in Nigeria stood at X kg per ha in 2018, remaining stable against the previous year. Overall, the pistachio yield continues to indicate 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 2018, the pistachio harvested area in Nigeria amounted to X ha, therefore, remained relatively stable against the previous year. Overall, the pistachio harvested area continues to indicate a relatively flat trend pattern.

Pistachio Exports

Exports from Nigeria

In 2018, the amount of pistachios exported from Nigeria amounted to X tonnes, going up by X% against the previous year. In general, pistachio exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, pistachio exports totaled $X in 2018. Overall, pistachio exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, pistachio exports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to Cameroon totaled +X%.

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

From 2007 to 2018, the average annual growth rate of value to Cameroon totaled +X%.

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. Overall, the pistachio export price continues to indicate a dramatic shrinkage. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for Cameroon amounted to -X% per year.

Pistachio Imports

Imports into Nigeria

In 2018, the amount of pistachios imported into Nigeria totaled X kg, dropping by -X% against the previous year. Over the period under review, pistachio imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, pistachio imports attained their peak of X kg. From 2015 to 2018, the growth of pistachio imports remained at a lower figure.

In value terms, pistachio imports amounted to $X in 2018. In general, pistachio imports continue to indicate an abrupt shrinkage. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. In that year, pistachio imports attained their peak of $X. From 2015 to 2018, the growth of pistachio imports remained at a somewhat lower figure.

Imports by Country

In 2018, Lebanon (X kg) constituted the largest pistachio supplier to Nigeria, with a X% share of total imports. Moreover, pistachio imports from Lebanon exceeded the figures recorded by the second-largest supplier, Luxembourg (X kg), tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Lebanon totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (-X% per year) and Turkey (X% per year).

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

From 2007 to 2018, the average annual growth rate of value from Lebanon was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (-X% per year) and Turkey (X% per year).

Import Prices by Country

The average pistachio import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the pistachio import price continues to indicate modest growth. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. In that year, the average import prices for pistachios attained their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average import prices for pistachios remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 223 - Pistachios

This report provides an in-depth analysis of the pistachio 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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