Nigeria: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Nigeria

The Nigerien orange juice (single strength) market reached $X in 2022, increasing by X% against the previous year. Over the period under review, consumption posted a prominent expansion. Orange juice (single strength) consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Orange Juice (Single Strength) in Nigeria

In value terms, orange juice (single strength) production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Orange Juice (Single Strength)

Exports from Nigeria

In 2022, the amount of orange juice (single strength) exported from Nigeria soared to X tons, growing by X% compared with 2021. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, orange juice (single strength) exports surged to $X in 2022. In general, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cameroon (X tons), Niger (X tons) and France (X tons) were the main destinations of orange juice (single strength) exports from Nigeria, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cameroon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Niger ($X) remains the key foreign market for orange juice (single strength) exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Cameroon, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Niger totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Cameroon (X% per year).

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into Nigeria

In 2022, the amount of orange juice (single strength) imported into Nigeria skyrocketed to X tons, rising by X% on 2021. In general, imports posted a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, orange juice (single strength) imports rose remarkably to $X in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of orange juice (single strength) to Nigeria, accounting for a X% share of total imports. Moreover, orange juice (single strength) imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of orange juice (single strength) to Nigeria, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

From 2012 to 2022, 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: South Africa (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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