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Nigeria - Grated, Powdered and Blue-Veined Cheese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grated and Blue Cheese in Nigeria - 2022
Contents:
- Price for Grated and Blue Cheese in Nigeria (CIF) - 2022
- Price for Grated and Blue Cheese in Nigeria (FOB) - 2022
- Imports of Grated and Blue Cheese in Nigeria
- Exports of Grated and Blue Cheese in Nigeria
Price for Grated and Blue Cheese in Nigeria (CIF) - 2022
In 2022, the average grated and blue cheese import price amounted to $3,819 per ton, surging by 34% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average import price increased by 36%. As a result, import price reached the peak level of $5,176 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,500 per ton), while the price for South Africa ($2,515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+65.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grated and Blue Cheese in Nigeria (FOB) - 2022
The average grated and blue cheese export price stood at $8,620 per ton in 2022, surging by 20% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 123%. As a result, the export price reached the peak level of $15,912 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($12,267 per ton), while the average price for exports to the United Arab Emirates amounted to $1,638 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+11.8%).
Imports of Grated and Blue Cheese in Nigeria
In 2022, overseas purchases of grated, powdered and blue-veined cheese decreased by -16.9% to 695 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 146% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, grated and blue cheese imports expanded markedly to $2.7M in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 141%. As a result, imports reached the peak of $5.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Grated and Blue Cheese in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 908 | 2,475 | 918 | 2,204 | 34.4% |
Malaysia | N/A | N/A | 51.3 | 250 | 387.3% |
South Africa | 55.3 | 103 | 30.1 | 130 | 33.0% |
India | 9.2 | 14.8 | 5.0 | 63.4 | 90.3% |
Germany | 145 | 240 | 57.7 | N/A | -36.9% |
France | 212 | 631 | 324 | N/A | 23.6% |
Lebanon | 17.2 | 201 | 55.3 | N/A | 79.3% |
Others | 909 | 1,776 | 941 | 8.4 | -79.0% |
Total | 2,255 | 5,441 | 2,382 | 2,655 | 5.6% |
Top Suppliers of Grated and Blue Cheese to Nigeria in 2022:
- Denmark (562.2 tons)
- Malaysia (56.5 tons)
- South Africa (51.8 tons)
- India (21.7 tons)
Exports of Grated and Blue Cheese in Nigeria
In 2022, after three years of growth, there was significant decline in overseas shipments of grated, powdered and blue-veined cheese, when their volume decreased by -39.1% to 137 kg. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 48% against the previous year.
In value terms, grated and blue cheese exports shrank notably to $1.2K in 2022. In general, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, the exports reached the peak of $2.3K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Grated and Blue Cheese in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 405 | 2,061 | 1,553 | 1,104 | 39.7% |
United Arab Emirates | 92.0 | 225 | 68.0 | 77.0 | -5.8% |
Benin | 272 | N/A | N/A | N/A | 0% |
Others | 10.0 | 6.0 | 2.0 | N/A | -55.3% |
Total | 779 | 2,292 | 1,623 | 1,181 | 14.9% |
Top Export Markets for Grated and Blue Cheese from Nigeria in 2022:
- Cote d'Ivoire (90.0 kg)
- United Arab Emirates (47.0 kg)
This report provides an in-depth analysis of the market for grated and blue cheese 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 10514050 - Grated, powdered, blue-veined and other non-processed cheese (excluding fresh cheese, whey cheese and curd)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for grated and blue cheese in Nigeria.
This report provides an in-depth analysis of the cheese market in Nigeria.
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This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in Nigeria.
This report provides an in-depth analysis of the cheese and curd market in Nigeria.
This report provides an in-depth analysis of the global market for grated and blue cheese.
This report provides an in-depth analysis of the global cheese market.
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This report provides an in-depth analysis of the global market for processed cheese (excluding grated or powdered).
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In 2015, the cheese market was estimated at X thousand tons.
From 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at X thousand tons. In value terms, the cheese market value seesawed due to price fluctuations. It stood at X million USD, which wa
Global cheese market production was estimated at X million USD in 2015, a decrease of X million USD (X%) against 2014. In physical terms, the production of cheese was estimated at X million USD in 2015, which was X million USD (X%) mo
From 2007 to 2015, global cheese exports increased by +X% per year, amounting to X billion USD in 2015. In physical terms, exports on the global cheese market reached X thousand tons in 2015, an increase of X thousand tons against the pr
The total value of global cheese imports in 2015 stood at X billion USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, cheese imports reached X thousand tons in 2015, an increase of X thousand ton
The global trade in cheese and curd amounted to X million USD in 2015, showing notable fluctuations over the period under review. A significant drop in 2009 was followed by recovery over the next two years, until expor