Price for Apples, Pears and Quinces; Fresh in Nigeria - 2022
Contents:
- Price for Apples, Pears and Quinces; Fresh in Nigeria (CIF) - 2022
- Price for Apples, Pears and Quinces; Fresh in Nigeria (FOB) - 2022
- Imports of Apples, Pears and Quinces; Fresh in Nigeria
- Exports of Apples, Pears and Quinces; Fresh in Nigeria
Price for Apples, Pears and Quinces; Fresh in Nigeria (CIF) - 2022
In June 2022, the average import price for apples, pears and quinces; freshes amounted to $750 per ton, increasing by 2.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 an increase of 5.1% m-o-m. As a result, import price reached the peak level of $816 per ton. From January 2022 to June 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,878 per ton), while the price for South Africa ($737 per ton) was amongst the lowest.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by China (+19.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Apples, Pears and Quinces; Fresh in Nigeria (FOB) - 2022
The average export price for apples, pears and quinces; freshes stood at $1,025 per ton in 2022, increasing by 6.2% against the previous year. Over the period under review, the export price recorded modest growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 152%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
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 South Africa ($3,059 per ton), while the average price for exports to Niger ($340 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 Benin (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Apples, Pears and Quinces; Fresh in Nigeria
Apples, pears and quinces; fresh imports into Nigeria soared to 78K tons in 2022, picking up by 35% against the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of 83K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, apples, pears and quinces; fresh imports soared to $60M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of $66M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Apples, Pears and Quinces; Fresh in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 33.3 | 61.2 | 41.5 | 56.4 | 19.2% |
| Others | 4.1 | 5.1 | 3.3 | 3.1 | -8.9% |
| Total | 37.4 | 66.3 | 44.8 | 59.5 | 16.7% |
Top Suppliers of Apples, Pears and Quinces; Fresh to Nigeria in 2022:
- South Africa (74.4K tons)
Exports of Apples, Pears and Quinces; Fresh in Nigeria
For the third year in a row, Nigeria recorded decline in overseas shipments of apples, pears and quinces; freshes, which decreased by -17.4% to 7.5 tons in 2022. Over the period under review, exports showed a precipitous setback.
In value terms, apples, pears and quinces; fresh exports declined to $7.7K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of $8.8K, and then contracted in the following year.
| Export of Apples, Pears and Quinces; Fresh in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 0.9 | 3.4 | 5.1 | 4.8 | 74.7% |
| Niger | 3.2 | 2.7 | 1.7 | 1.8 | -17.5% |
| South Africa | 1.0 | 0.3 | 0.9 | 0.9 | -3.5% |
| United Arab Emirates | 0.4 | 0.1 | 0.2 | 0.1 | -37.0% |
| Others | 2.4 | 0.1 | 1.0 | N/A | -35.5% |
| Total | 7.9 | 6.6 | 8.8 | 7.7 | -0.9% |
Top Export Markets for Apples, Pears and Quinces; Fresh from Nigeria in 2022:
- Niger (5.4 tons)
- Benin (1.7 tons)
- South Africa (0.3 tons)
- United Arab Emirates (0.1 tons)
2121
This report provides an in-depth analysis of the apple market in Nigeria.
2503
This report provides an in-depth analysis of the fruit market in Nigeria.
1380
This report provides an in-depth analysis of the pear market in Nigeria.
584
This report provides an in-depth analysis of the quince market in Nigeria.
746
This report provides an in-depth analysis of the fruit and berry market in Nigeria.
1081
This report provides an in-depth analysis of the pears and quinces market in Nigeria.
10921
This report provides an in-depth analysis of the global apple market.
5491
This report provides an in-depth analysis of the global fruit market.
3166
This report provides an in-depth analysis of the global pear market.
1554
This report provides an in-depth analysis of the global quince market.
541
The global apple market is forecast to reach $115M by 2030, growing at a CAGR of 3.5% during the period 2022-2030.
1113
The global apple market was finally on the rise to reach $78.8B in 2019. Global consumption peaked in 2019 but its further growth might be hampered by the pandemic.
781
The global apple market revenue amounted to $85B in 2018, increasing by 24% against the previous year. This figure...
2058
In 2016, the apple market grew to X tons, which was by X tons (or X%) more than the year before. Overall, there was an upward trend of apple consumption; the average annual growth rate was at +X% per year, over the last nine years. In whol
7195
Global apple consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1276
Global apple exports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
1528
The U.S. continued its dominance in the global apple trade. In 2014, the U.S. exported X thousand tons of apples totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total appl
451
Fruit is a globally cherished commodity, enjoyed by people of all ages and cultures. The demand for fresh and exotic fruits continues to grow, making it an attractive market for exporters. In this article, we will explore the top import markets for fruits worldwide in terms of import value, based on data from the IndexBox market intelligence platform.
2118
The global fruit market is forecast to reach $1.5 trillion by 2025, driven by rising consumer demand for healthy and convenient foods.
814
In value terms, flowers, foliage and fruit, artificial, and parts thereof; artic imports totaled $X in 2016. In general, flowers, foliage and fruit, artificial, and parts thereof; artic imports con...
