Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria - 2022
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria (CIF) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria (CIF) - 2022
In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $14,193 per ton, waning by -31.7% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 137%. As a result, import price attained the peak level of $20,770 per ton, and then declined remarkably in the following year.
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 ($38,750 per ton), while the price for the UK ($10,841 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 (+92.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria
In 2022, overseas purchases of cheese, blue-veined (not grated, powdered or processed) were finally on the rise to reach 796 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous curtailment.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) dropped markedly to $11K in 2022. In general, imports, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 96%.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 4.9 | 0% |
| Germany | 1.0 | 0.1 | 1.7 | 1.7 | 19.3% |
| France | 3.1 | 0.6 | 3.2 | 1.3 | -25.1% |
| United Kingdom | 3.6 | 0.6 | 2.4 | 1.2 | -30.7% |
| Denmark | 0.5 | 0.5 | 1.8 | 0.9 | 21.6% |
| Italy | 3.4 | 0.4 | 1.4 | 0.5 | -47.2% |
| South Africa | 4.8 | 0.2 | 3.4 | 0.5 | -52.9% |
| Netherlands | 6.3 | 0.3 | 0.7 | 0.4 | -60.1% |
| Lebanon | N/A | 4.8 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Total | 22.7 | 7.6 | 15.0 | 11.3 | -20.7% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Nigeria in 2022:
- United States (379.0 kg)
- Germany (153.0 kg)
- United Kingdom (113.0 kg)
- Denmark (43.0 kg)
- Italy (38.0 kg)
- France (36.0 kg)
- Netherlands (21.0 kg)
- South Africa (12.0 kg)
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