Report Nigeria - Roasted Malt - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 22, 2022

Nigeria - Roasted Malt - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Roasted Malt Market 2022

Roasted Malt Market Size in Nigeria

In 2021, after six years of growth, there was significant decline in the Nigerien roasted malt market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then fell in the following year.

Roasted Malt Production in Nigeria

In value terms, roasted malt production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then shrank in the following year.

Roasted Malt Exports

Exports from Nigeria

In 2021, after two years of growth, there was significant decline in overseas shipments of roasted malt, when their volume decreased by X% to less than X kg. Over the period under review, exports recorded a slight decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, roasted malt exports surged to $X in 2021. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X tons) was the main destination for roasted malt exports from Nigeria, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to South Africa was relatively modest.

In value terms, South Africa ($X) also remains the key foreign market for roasted malt exports from Nigeria.

From 2012 to 2020, the average annual rate of growth in terms of value to South Africa amounted to +X%.

Export Prices by Country

In 2020, the average roasted malt export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2020, the the average export prices remained at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for South Africa amounted to +X% per year.

Roasted Malt Imports

Imports into Nigeria

In 2021, approx. X tons of roasted malt were imported into Nigeria; with an increase of X% compared with the previous year. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, roasted malt imports skyrocketed to $X in 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) was the main supplier of roasted malt to Nigeria, with a X% share of total imports. It was followed by the UK (X tons), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and China (+X% per year).

In value terms, Poland ($X) constituted the largest supplier of roasted malt to Nigeria, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (X% per year).

Import Prices by Country

The average roasted malt import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for roasted malt in the world?
+
The country with the largest volume of roasted malt consumption was China, accounting for 15% of total volume. Moreover, roasted malt consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of roasted malt in the world?
+
The country with the largest volume of roasted malt production was China, comprising approx. 17% of total volume. Moreover, roasted malt production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with a 5.8% share.
What are the leading suppliers of roasted malt to Nigeria?
+
In value terms, Poland constituted the largest supplier of roasted malt to Nigeria, comprising 95% of total imports. The second position in the ranking was held by China, with a 2.7% share of total imports.
What are the leading importers of roasted malt from Nigeria?
+
In value terms, South Africa $757) remains the key foreign market for roasted malt exports from Nigeria.
What is the average export price for roasted malt in Nigeria?
+
The average roasted malt export price stood at $724 per ton in 2020, jumping by 21% against the previous year.
What is the average import price for roasted malt in Nigeria?
+
In 2021, the average roasted malt import price amounted to $638 per ton, increasing by 7.4% against the previous year.

This report provides an in-depth analysis of the roasted malt 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:
• Prodcom 11061050 - Roasted malt (excluding alcohol duty, products which have undergone further processing, roasted malt put up as coffee substitutes)
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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