Report Update Apr 1, 2024

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

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Nigeria: Quinoa Market 2024

Quinoa Exports

Exports by Country

The Netherlands (X kg) was the main destination for quinoa exports from Nigeria, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%.

Export Prices by Country

The average quinoa export price stood at less than $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Quinoa Imports

Imports by Country

The Netherlands (X kg), the United Arab Emirates (X kg) and India (X kg) were the main suppliers of quinoa imports to Nigeria, with a combined X% share of total imports. North Macedonia, South Africa and France lagged somewhat behind, together accounting for a further X%. Moreover, quinoa imports in the Netherlands exceeded the figures recorded by the second-largest supplier, the United Arab Emirates, more than tenfold.

From 2012 to 2022, the biggest increases were recorded for North Macedonia (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest quinoa suppliers to Nigeria were the Netherlands ($X), North Macedonia ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. Moreover, quinoa imports in the Netherlands exceeded the figures recorded by the second-largest supplier, North Macedonia, more than tenfold.

North Macedonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average quinoa import price stood at less than $X per ton in 2022, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was North Macedonia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?

The countries with the highest volumes of consumption in 2023 were Peru, Bolivia and the United States, together accounting for 60% of global consumption. Spain, Canada, France, China, Germany, Italy, Ecuador and the Netherlands lagged somewhat behind, together comprising a further 23%.

What are the largest producers of quinoa in the world?

The countries with the highest volumes of production in 2022 were Peru, Bolivia and Spain, with a combined 96% share of global production.

What are the leading suppliers of quinoa to Nigeria?

In value terms, the Netherlands $552), North Macedonia $23) and the United Arab Emirates $7) were the largest quinoa suppliers to Nigeria, with a combined 50% share of total imports. Moreover, quinoa imports in the Netherlands exceeded the figures recorded by the second-largest supplier, North Macedonia, more than tenfold.

What are the leading importers of quinoa from Nigeria?

In value terms, the Netherlands $168) remains the key foreign market for quinoa exports from Nigeria.

What is the average export price for quinoa in Nigeria?

In 2022, the average quinoa export price amounted to less than $0.1 per ton, remaining relatively unchanged against the previous year.

What is the average import price for quinoa in Nigeria?

The average quinoa import price stood at less than $0.1 per ton in 2022, standing approx. at the previous year.

This report provides an in-depth analysis of the quinoa 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 2030.

Product coverage:

FCL 92 - Quinoa

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023