Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria - 2022
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria (CIF) - 2022
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $3,799 per ton, with an increase of 9.3% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +11.8% per year.
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria
For the third year in a row, Nigeria recorded decline in overseas purchases of offal, edible; of swine, (other than livers), frozen, which decreased by -19.5% to 2.7 tons in 2022. In general, imports saw a precipitous slump. The smallest decline of -19.5% was in 2021.
In value terms, imports of offal, edible; of swine, (other than livers), frozen reduced to $10K in 2022. Over the period under review, imports recorded a sharp downturn.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 21.0 | 11.3 | 11.5 | 10.1 | -21.7% |
| Others | N/A | 1.8 | N/A | N/A | 0% |
| Total | 21.0 | 13.1 | 11.5 | 10.1 | -21.7% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Nigeria in 2022:
- South Africa (2.7 tons)
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