Report Update Apr 1, 2024

Nigeria - Unsweetened and Non-Flavoured Waters, Ice and Snow - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Nigeria

In 2022, the Nigerien non-mineral or non-aerated water market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption enjoyed a resilient expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Non-Mineral or Non-Aerated Waters in Nigeria

In value terms, non-mineral or non-aerated water production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate moderate growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Non-mineral or non-aerated water production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Mineral or Non-Aerated Waters

Exports from Nigeria

In 2022, shipments abroad of non-mineral or non-aerated waters decreased by X% to X litres, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X litres in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports declined sharply to $X in 2022. In general, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X litres) and Ghana (X litres) were the main destinations of non-mineral or non-aerated water exports from Nigeria.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%).

In value terms, Ghana ($X) emerged as the key foreign market for non-mineral or non-aerated waters exports from Nigeria, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ghana was relatively modest.

Export Prices by Country

The average non-mineral or non-aerated water export price stood at $X per litre in 2022, shrinking by X% against the previous year. In general, the export price faced a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per litre in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per litre), while the average price for exports to Spain totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (X%).

Imports of Non-Mineral or Non-Aerated Waters

Imports into Nigeria

In 2022, imports of non-mineral or non-aerated waters into Nigeria contracted rapidly to X litres, shrinking by X% against 2021. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X litres. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, non-mineral or non-aerated water imports declined markedly to $X in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Norway (X litres) was the main non-mineral or non-aerated water supplier to Nigeria, with a X% share of total imports. It was followed by South Africa (X litres), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to X%.

In value terms, Norway ($X) constituted the largest supplier of non-mineral or non-aerated waters to Nigeria, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Norway amounted to X%.

Import Prices by Country

In 2022, the average non-mineral or non-aerated water import price amounted to $X per litre, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per litre. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 litre), while the price for Norway totaled $X per litre.

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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-mineral or non-aerated waters in the world?

The countries with the highest volumes of consumption in 2023 were Turkey, Finland and Poland, together comprising 51% of global consumption.

What are the largest producers of non-mineral or non-aerated waters in the world?

The countries with the highest volumes of production in 2022 were Turkey, Finland and the Czech Republic, with a combined 61% share of global production.

What are the leading suppliers of non-mineral or non-aerated waters to Nigeria?

In value terms, Norway constituted the largest supplier of non-mineral or non-aerated waters to Nigeria, comprising 99% of total imports. The second position in the ranking was taken by South Africa $69), with a 0.2% share of total imports.

What are the leading importers of non-mineral or non-aerated waters from Nigeria?

In value terms, Ghana emerged as the key foreign market for non-mineral or non-aerated waters exports from Nigeria, comprising 82% of total exports. The second position in the ranking was held by Spain, with an 18% share of total exports.

What is the average export price for non-mineral or non-aerated waters in Nigeria?

The average non-mineral or non-aerated water export price stood at $0.4 per litre in 2022, waning by -18% against the previous year.

What is the average import price for non-mineral or non-aerated waters in Nigeria?

In 2022, the average non-mineral or non-aerated water import price amounted to $0.7 per litre, with an increase of 24% against the previous year.

This report provides an in-depth analysis of the market for non-mineral or non-aerated water 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 11071150 - Unsweetened and non-flavoured waters, ice and snow (excluding mineral and aerated waters)

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023