Latest Report Update: May 16, 2021

Nigeria - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Nigeria: Overview of the Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Nigeria

The Nigerien market for processed cheese (excluding grated or powdered) reduced modestly to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Nigeria

In value terms, production of processed cheese (excluding grated or powdered) declined to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Exports of Processed cheese (excluding grated or powdered)

Exports from Nigeria

In 2020, shipments abroad of processed cheese (excluding grated or powdered) decreased by X% to X kg for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. As a result, exports reached the peak of X kg. From 2010 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) stood at $X in 2020. In general, exports saw a precipitous decrease. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2010 to 2020, the growth of exports remained at a lower figure.

Exports by Country

Botswana (X kg) was the main destination for exports of processed cheese (excluding grated or powdered) from Nigeria, accounting for a approx. X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to Botswana was relatively modest.

From 2007 to 2017, the average annual growth rate of value to Botswana was relatively modest.

Export Prices by Country

In 2017, the average export price for processed cheese (excluding grated or powdered) amounted to $X per tonne, almost unchanged from the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2017, export prices stood at a somewhat lower figure.

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

From 2007 to 2017, the rate of growth in terms of prices for Botswana amounted to X% per year.

Imports of Processed cheese (excluding grated or powdered)

Imports into Nigeria

In 2020, purchases abroad of processed cheese (excluding grated or powdered) increased by X% to X tonnes, rising for the fifth consecutive year after three years of decline. In general, imports enjoyed noticeable growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) rose slightly to $X in 2020. Over the period under review, imports saw a moderate increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of processed cheese (excluding grated or powdered) to Nigeria, accounting for a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from France exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), eightfold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Australia (+X% per year).

In value terms, France ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2020, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2019, and then declined in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, 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 processed cheese (excluding grated or powdered) in the world?
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The countries with the highest volumes of consumption of processed cheese (excluding grated or powdered) in 2020 were China (953K tonnes), the U.S. (538K tonnes) and India (330K tonnes), with a combined 30% share of global consumption. These countries were followed by Pakistan, Japan, Russia, Brazil, Indonesia, Bangladesh, Nigeria, Germany, France and Ethiopia, which together accounted for a further 24%.
What are the largest producers of processed cheese (excluding grated or powdered) in the world?
+
The countries with the highest volumes of production of processed cheese (excluding grated or powdered) in 2020 were China (935K tonnes), the U.S. (560K tonnes) and India (332K tonnes), together accounting for 30% of global production. These countries were followed by Germany, Pakistan, Russia, Japan, Brazil, Indonesia, France, Bangladesh, Nigeria and Ethiopia, which together accounted for a further 25%.
What are the leading suppliers of processed cheese (excluding grated or powdered) to Nigeria?
+
In value terms, France ($509K) constituted the largest supplier of processed cheese (excluding grated or powdered) to Nigeria, comprising 63% of total imports. The second position in the ranking was occupied by Australia ($81K), with a 10% share of total imports. It was followed by Turkey, with a 6.1% share.
What is the average export price for processed cheese (excluding grated or powdered) in Nigeria?
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In 2017, the average export price for processed cheese (excluding grated or powdered) amounted to $1,883 per tonne, stabilizing at the previous year.
What is the average import price for processed cheese (excluding grated or powdered) in Nigeria?
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In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $4,692 per tonne, dropping by -9.3% against the previous year.

Product coverage:
• Prodcom 10514070 - Processed cheese (excluding grated or powdered)

This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) 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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