Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $3,827 per ton in 2022, declining by -6.2% against the previous year. Over the period under review, the import price saw a noticeable setback. The growth pace was the most rapid in 2013 an increase of 37%. As a result, import price attained the peak level of $6,802 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,874 per ton), while the price for the Netherlands amounted to $3,747 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.5%).
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria
After two years of decline, purchases abroad of offal, edible; of bovine animals, tongues, frozens increased by 102% to 202 kg in 2022. Overall, imports, however, continue to indicate a dramatic setback.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens surged to $773 in 2022. Over the period under review, imports, however, saw a significant decrease.
Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,358 | 819 | 363 | 492 | -28.7% |
Netherlands | 1,455 | 319 | 45.0 | 281 | -42.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,813 | 1,138 | 408 | 773 | -35.0% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Nigeria in 2022:
- Italy (127.0 kg)
- Netherlands (75.0 kg)
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This report provides an in-depth analysis of the frozen meat offal market in Nigeria.
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