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

Preserved Tomato Market Size in Nigeria

The Nigerien preserved tomato market rose rapidly to $X in 2019, with an increase of X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.

Preserved Tomato Production in Nigeria

In value terms, preserved tomato production soared to $X in 2019 estimated in export prices. Over the period under review, production posted a temperate increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in years to come.

Preserved Tomato Exports

Exports from Nigeria

In 2019, approx. X tonnes of preserved tomatoes were exported from Nigeria; waning by -X% against 2018. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, preserved tomato exports contracted notably to $X in 2019. In general, exports, however, showed prominent growth. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at $X in 2018, and then shrank dramatically in the following year.

Exports by Country

The U.S. (X tonnes), South Africa (X tonnes) and Canada (X kg) were the main destinations of preserved tomato exports from Nigeria, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S. (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for preserved tomato exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($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 U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average preserved tomato export price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is likely to continue growth in years to come.

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 Niger, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Tomato Imports

Imports into Nigeria

In 2019, supplies from abroad of preserved tomatoes was finally on the rise to reach X tonnes for the first time since 2014, thus ending a four-year declining trend. In general, imports, however, continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, preserved tomato imports declined notably to $X in 2019. Overall, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, 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, the UK (X tonnes), fivefold. Austria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Austria (-X% per year).

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

From 2007 to 2019, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average preserved tomato import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, import price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, preserved tomato import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2012 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 Italy ($X per tonne), while the price for Niger ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved tomatoes in the world?
+
China (2M tonnes) remains the largest preserved tomato consuming country worldwide, accounting for 16% of total volume. Moreover, preserved tomato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (955K tonnes), twofold. India (787K tonnes) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of preserved tomatoes in the world?
+
The countries with the highest volumes of preserved tomato production in 2019 were China (2M tonnes), Italy (1.6M tonnes) and the U.S. (1M tonnes), together comprising 36% of global production. India, Russia, Brazil, Indonesia, Pakistan, Bangladesh, Japan, Mexico and Spain lagged somewhat behind, together comprising a further 26%.
What are the leading suppliers of preserved tomatoes to Nigeria?
+
In value terms, China ($48K) constituted the largest supplier of preserved tomato to Nigeria, comprising 49% of total imports. The second position in the ranking was occupied by the UK ($15K), with a 16% share of total imports. It was followed by Germany, with a 7.2% share.
What are the leading importers of preserved tomatoes from Nigeria?
+
In value terms, the U.S. ($4.9K) remains the key foreign market for preserved tomato exports from Nigeria, comprising 90% of total exports. The second position in the ranking was occupied by South Africa ($296), with a 5.4% share of total exports. It was followed by Canada, with a 3.2% share.
What is the average export price for preserved tomatoes in Nigeria?
+
The average preserved tomato export price stood at $1,771 per tonne in 2019, picking up by 28% against the previous year.
What is the average import price for preserved tomatoes in Nigeria?
+
The average preserved tomato import price stood at $1,049 per tonne in 2019, falling by -19.5% 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 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:
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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