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Nigeria - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Poppy Seed Market Overview 2021

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Poppy Seed Market Size in Nigeria

In 2018, the Nigerien poppy seed market decreased by -X% to $X, falling for the ninth year in a row after two years of growth. Overall, consumption saw a sharp contraction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Poppy seed consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Poppy Seed Production in Nigeria

In value terms, poppy seed production skyrocketed to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Poppy seed production peaked in 2019 and is expected to retain growth in the near future.

In 2019, the average poppy seed yield in Nigeria totaled X kg per ha, approximately reflecting the previous year. Overall, 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.

In 2019, the total area harvested in terms of poppy seed production in Nigeria stood at X ha, standing approx. at 2018. In general, the harvested area saw a relatively flat trend pattern.

Poppy Seed Exports

Exports from Nigeria

Poppy seed exports from Nigeria soared to X tonnes in 2019, with an increase of X% against 2018 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, poppy seed exports skyrocketed to $X in 2019. In general, exports saw significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume to Switzerland stood at +X%.

In value terms, Switzerland ($X) also remains the key foreign market for poppy seed exports from Nigeria.

From 2007 to 2019, the average annual growth rate of value to Switzerland stood at +X%.

Export Prices by Country

In 2019, the average poppy seed export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum in 2019 and is expected to retain growth in the immediate term.

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

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

Poppy Seed Imports

Imports into Nigeria

In 2019, the amount of poppy seed imported into Nigeria shrank to X kg, dropping by -X% compared with the year before. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X kg in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, poppy seed imports skyrocketed to $X in 2019. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, South Africa (X kg) constituted the largest poppy seed supplier to Nigeria, with a X% share of total imports. Moreover, poppy seed imports from South Africa exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold.

From 2007 to 2019, 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: India (+X% per year) and the Netherlands (-X% per year).

In value terms, the largest poppy seed suppliers to Nigeria were India ($X), South Africa ($X) and the Netherlands ($X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average poppy seed import price amounted to $X per tonne, jumping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, 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 poppy seed in the world?
+
The country with the largest volume of poppy seed consumption was India (17K tonnes), comprising approx. 18% of total volume. Moreover, poppy seed consumption in India exceeded the figures recorded by the second-largest consumer, Germany (8.1K tonnes), twofold. Russia (7.2K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of poppy seed in the world?
+
The countries with the highest volumes of poppy seed production in 2019 were Turkey (27K tonnes), the Czech Republic (18K tonnes) and Spain (14K tonnes), with a combined 57% share of global production. These countries were followed by Australia, China, France, Hungary, Croatia, Germany, the UK, Slovakia and Austria, which together accounted for a further 36%.
What are the leading suppliers of poppy seed to Nigeria?
+
In value terms, the largest poppy seed suppliers to Nigeria were India ($492), South Africa ($454) and the Netherlands ($35).
What are the leading importers of poppy seed from Nigeria?
+
In value terms, Switzerland ($4.3K) remains the key foreign market for poppy seed exports from Nigeria.
What is the average export price for poppy seed in Nigeria?
+
The average poppy seed export price stood at $3,540 per tonne in 2019, picking up by 2.4% against the previous year.
What is the average import price for poppy seed in Nigeria?
+
In 2019, the average poppy seed import price amounted to $5,910 per tonne, with an increase of 70% against the previous year.

Product coverage:
• FCL 296 - Poppy seed

This report provides an in-depth analysis of the poppy seed 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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