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Nigeria - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Preserved Sweet Corn Market Overview 2021

Preserved Sweet Corn Market Size in Nigeria

In 2020, the Nigerien preserved sweet corn market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption showed a strong expansion. The growth pace was the most rapid in 2019 when the market value increased by X% year-to-year. Preserved sweet corn consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Preserved Sweet Corn Exports

Exports from Nigeria

In 2020, overseas shipments of sweet corn prepared or preserved decreased by -X% to X kg for the first time since 2014, thus ending a five-year rising trend. Over the period under review, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, preserved sweet corn exports contracted significantly to $X in 2020. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for preserved sweet corn exports from Nigeria, with a X% share of total exports. It was followed by Thailand (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Belgium was relatively modest.

In value terms, Belgium ($X) emerged as the key foreign market for preserved sweet corn exports from Nigeria, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Belgium was relatively modest.

Export Prices by Country

The average preserved sweet corn export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price, however, showed a slight setback. Over the period under review, average export prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Thailand stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium.

Preserved Sweet Corn Imports

Imports into Nigeria

In 2020, supplies from abroad of sweet corn prepared or preserved increased by X% to X tonnes, rising for the second consecutive year after five years of decline. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved sweet corn imports skyrocketed to $X in 2020. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of preserved sweet corn to Nigeria, accounting for a X% share of total imports. Moreover, preserved sweet corn imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tonnes), fourfold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of preserved sweet corn to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average preserved sweet corn import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Germany ($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 sweet corn prepared or preserved in the world?
+
The U.S. (617K tonnes) remains the largest preserved sweet corn consuming country worldwide, accounting for 44% of total volume. Moreover, preserved sweet corn consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (76K tonnes), eightfold. The third position in this ranking was occupied by the UK (73K tonnes), with a 5.2% share.
What are the largest producers of sweet corn prepared or preserved in the world?
+
The U.S. (667K tonnes) remains the largest preserved sweet corn producing country worldwide, accounting for 47% of total volume. Moreover, preserved sweet corn production in the U.S. exceeded the figures recorded by the second-largest producer, Thailand (213K tonnes), threefold. The third position in this ranking was occupied by Hungary (191K tonnes), with a 13% share.
What are the leading suppliers of sweet corn prepared or preserved to Nigeria?
+
In value terms, the UK ($2.6M) constituted the largest supplier of preserved sweet corn to Nigeria, comprising 61% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($510K), with a 12% share of total imports. It was followed by the U.S., with a 9.2% share.
What are the leading importers of sweet corn prepared or preserved from Nigeria?
+
In value terms, Belgium ($601) emerged as the key foreign market for preserved sweet corn exports from Nigeria, comprising 98% of total exports. The second position in the ranking was occupied by Thailand ($11), with a 1.8% share of total exports.
What is the average export price for sweet corn prepared or preserved in Nigeria?
+
The average preserved sweet corn export price stood at $1,304 per tonne in 2020, increasing by 25% against the previous year.
What is the average import price for sweet corn prepared or preserved in Nigeria?
+
The average preserved sweet corn import price stood at $1,427 per tonne in 2020, surging by 2.6% against the previous year.

Product coverage:
• FCL 448 - Sweet Corn, Prepared or Preserved

This report provides an in-depth analysis of the preserved sweet corn 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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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