Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria - 2022

Contents:

  1. Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria (FOB) - 2022
  2. Exports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria

Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria (FOB) - 2022

In 2022, the average export price for nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds amounted to $5,000 per ton, leveling off at the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds decreased by -3.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $5,167 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Gabon.

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +5.7% per year.

Exports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria

For the third year in a row, Nigeria recorded decline in shipments abroad of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds, which decreased by -20% to 4 kg in 2022. In general, exports continue to indicate a sharp decline. The smallest decline of -16.7% was in 2021.

In value terms, exports of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds declined markedly to $20 in 2022. Overall, exports showed a sharp contraction. The smallest decline of -19.4% was in 2021.

Export of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon39.031.025.020.0-20.0%
OthersN/AN/AN/AN/A0%
Total39.031.025.020.0-20.0%

Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled from Nigeria in 2022:

  1. Gabon (4.0 kg)

Source: IndexBox Market Intelligence Platform

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