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Nigeria - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights
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Nigeria: Preserved Tomato Market Overview 2021

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Preserved Tomato Market Size in Nigeria

In 2020, the Nigerien preserved tomato market decreased by -X% to $X for the first time since 2009, thus ending a ten-year rising trend. Overall, consumption, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2019 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Preserved Tomato Production in Nigeria

In value terms, preserved tomato production dropped rapidly to $X in 2020 estimated in export prices. Over the period under review, production, however, showed perceptible growth. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Preserved Tomato Exports

Exports from Nigeria

In 2020, shipments abroad of preserved tomatoes increased by X% to X tonnes, rising for the second consecutive year after five years of decline. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, preserved tomato exports surged to $X in 2020. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Canada (X tonnes), the U.S. (X tonnes) and South Africa (X kg) were the main destinations of preserved tomato exports from Nigeria, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Canada (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Niger (+X% per year).

Export Prices by Country

The average preserved tomato export price stood at $X per tonne in 2020, rising by X% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, 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 2020, the most notable rate of growth in terms of prices was recorded for supplies to Niger, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Tomato Imports

Imports into Nigeria

For the fifth consecutive year, Nigeria recorded decline in supplies from abroad of preserved tomatoes, which decreased by -X% to X tonnes in 2020. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, preserved tomato imports dropped significantly to $X in 2020. In general, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of preserved tomato to Nigeria, accounting for a X% share of total imports. Moreover, preserved tomato imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. South Africa (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and South Africa (+X% per year).

In value terms, China ($X) constituted the largest supplier of preserved tomato to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and South Africa (-X% per year).

Import Prices by Country

In 2020, the average preserved tomato import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, import price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved tomato import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Niger ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved tomatoes in the world?
+
The countries with the highest volumes of preserved tomato consumption in 2020 were China (2.1M tonnes), the U.S. (1.1M tonnes) and India (805K tonnes), with a combined 30% share of global consumption. These countries were followed by Japan, Russia, the UK, Pakistan, Brazil, Indonesia, Bangladesh, Mexico, Germany and Nigeria, which together accounted for a further 26%.
What are the largest producers of preserved tomatoes in the world?
+
The countries with the highest volumes of preserved tomato production in 2020 were China (2.1M tonnes), Italy (1.6M tonnes) and the U.S. (1.1M tonnes), together accounting for 36% of global production. India, Japan, Russia, Pakistan, Brazil, Indonesia, Bangladesh, Mexico, Spain and Nigeria lagged somewhat behind, together accounting for a further 28%.
What are the leading suppliers of preserved tomatoes to Nigeria?
+
In value terms, China ($20K) constituted the largest supplier of preserved tomato to Nigeria, comprising 40% of total imports. The second position in the ranking was occupied by Italy ($8.9K), with a 17% share of total imports. It was followed by South Africa, with a 15% share.
What are the leading importers of preserved tomatoes from Nigeria?
+
In value terms, the U.S. ($7.2K) remains the key foreign market for preserved tomato exports from Nigeria, comprising 81% of total exports. The second position in the ranking was occupied by Canada ($1.2K), with a 14% share of total exports. It was followed by Niger, with a 2% share.
What is the average export price for preserved tomatoes in Nigeria?
+
In 2020, the average preserved tomato export price amounted to $1,838 per tonne, rising by 18% against the previous year.
What is the average import price for preserved tomatoes in Nigeria?
+
The average preserved tomato import price stood at $974 per tonne in 2020, declining by -11.3% against the previous year.

Product coverage:
• Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved tomato 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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