Store
Latest Report Update: Feb 22, 2019

Nigeria - Vegetables (Frozen) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Nigeria: Frozen Vegetable Market Overview 2020

Frozen Vegetable Market Size in Nigeria

The revenue of the frozen vegetable market in Nigeria amounted to $X in 2017, coming up by X% against the previous year. In general, frozen vegetable consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Nigeria frozen vegetable consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Frozen Vegetable Production in Nigeria

In 2017, the amount of vegetables (frozen) produced in Nigeria totaled X kg, leveling off at the previous year. In general, frozen vegetable production continues to indicate a relatively flat trend pattern.

Frozen Vegetable Exports from Nigeria

In 2017, frozen vegetable exports from Nigeria totaled X tonnes, rising by X% against the previous year. In general, frozen vegetable exports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the frozen vegetable exports attained its peak figure volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, frozen vegetable exports totaled $X in 2017. Overall, frozen vegetable exports continue to indicate an abrupt downturn. Nigeria exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Frozen Vegetable Exports by Country from Nigeria

Belgium (X tonnes) and China (X tonnes) represented roughly X% of total exports of vegetables (frozen) in 2017. Spain (X tonnes) ranks second in terms of the global exports with a X% share, followed by Poland (X%), Mexico (X%) and the Netherlands (X%). France (X tonnes), Egypt (X tonnes), Canada (X tonnes), the U.S. (X tonnes) and Turkey (X tonnes) took the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. Mexico, the Netherlands, Poland, France, Egypt, the U.S., Canada, Turkey and Nigeria lagged somewhat behind, together accounting for a further X%.

Egypt (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Vegetable Export Prices by Country in Nigeria

In 2017, the frozen vegetable export price in Nigeria amounted to $X per tonne, falling by -X% against the previous year. In general, frozen vegetable export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2009, when the export prices increased by X% year-to-year. Nigeria export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Frozen Vegetable Imports into Nigeria

In 2017, the amount of vegetables (frozen) imported into Nigeria totaled X tonnes, declining by -X% against the previous year. Overall, frozen vegetable imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when imports increased by X% y-o-y. Over the period under review, the frozen vegetable imports reached its maximum volume of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, frozen vegetable imports totaled $X in 2017. Overall, the total imports indicated a significant increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the frozen vegetable imports decreased by -X% against 2011 indices. Over the period under review, the frozen vegetable imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Frozen Vegetable Imports by Country into Nigeria

In 2017, the U.S. (X tonnes), Germany (X tonnes), France (X tonnes), Japan (X tonnes), Belgium (X tonnes), the UK (X tonnes) and South Korea (X tonnes) were the main importers of vegetables (frozen) in the world, creating X% of total import. Italy (X tonnes), the Netherlands (X tonnes), Canada (X tonnes), Spain (X tonnes) and Russia (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by France, Belgium, the UK, Italy, South Korea, the Netherlands, Spain, Canada, Russia and Nigeria, which together accounted for a further X%.

Among the main importing countries , South Korea (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Vegetable Import Prices by Country in Nigeria

In 2017, the frozen vegetable import price in Nigeria amounted to $X per tonne, stabilizing at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. In that year, the import prices for vegetables (frozen) attained their peak level of $X per tonne. From 2014 to 2017, growth of the import prices for vegetables (frozen) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
vegetables (frozen).


This report provides an in-depth analysis of the frozen vegetable 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.


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
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 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:
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020