Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria - 2022
Contents:
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (CIF) - 2022
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (FOB) - 2022
- Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria
- Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (CIF) - 2022
The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $959 per ton in 2022, rising by 176% against the previous year. Overall, the import price continues to indicate a noticeable increase. The import price peaked at $1,560 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Ghana.
From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +178.0% per year.
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (FOB) - 2022
In 2022, the average export price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $126 per ton, falling by -60.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 2,644% against the previous year. As a result, the export price attained the peak level of $318 per ton, and then fell notably in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -92.1% per year.
Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria
In 2022, after three years of growth, there was significant decline in overseas purchases of nuts, edible; coconuts, in the inner shell (endocarp)s, when their volume decreased by -82.9% to 75 tons. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 882% against the previous year. As a result, imports attained the peak of 440 tons, and then contracted notably in the following year.
In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s fell remarkably to $72K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 354%.
Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | N/A | N/A | 140 | 72.2 | -48.4% |
Cote d'Ivoire | N/A | 0.9 | 1.5 | N/A | 66.7% |
China | N/A | 29.3 | N/A | N/A | 0% |
Vietnam | 4.8 | 6.4 | 7.4 | N/A | 24.2% |
Others | 4.4 | 4.8 | 3.8 | N/A | -7.1% |
Total | 9.1 | 41.3 | 153 | 72.2 | 99.4% |
Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Nigeria in 2022:
- Ghana (75.3 tons)
Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria
In 2022, shipments abroad of nuts, edible; coconuts, in the inner shell (endocarp)s decreased by -89.5% to 40 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 4,963% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s declined notably to $5.1K in 2022. Over the period under review, exports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 655% against the previous year. As a result, the exports attained the peak of $122K, and then reduced remarkably in the following year.
Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 5.1 | 0% |
Nepal | N/A | N/A | 121 | N/A | 0% |
United States | 0.3 | 16.2 | N/A | N/A | 5300.0% |
Others | 5.6 | N/A | 1.1 | N/A | -55.7% |
Total | 5.9 | 16.2 | 122 | 5.1 | -4.7% |
Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Nigeria in 2022:
- China (40.1 tons)
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