Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria - 2022
Contents:
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (CIF) - 2022
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (FOB) - 2022
- Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria
- Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (CIF) - 2022
In June 2022, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,650 per ton, with an increase of 22% against the previous month. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 44% month-to-month. The import price peaked in June 2022.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was India ($3,145 per ton), while the price for the United Arab Emirates ($1,207 per ton) was amongst the lowest.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (FOB) - 2022
In 2022, the average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $107 per ton, with a decrease of -2.7% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 337%. The export price peaked at $1,928 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cameroon ($408 per ton), while the average price for exports to Niger ($98 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-20.5%), while the prices for the other major destinations experienced a decline.
Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria
In 2022, the amount of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds imported into Nigeria surged to 39K tons, rising by 168% against 2021 figures. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 354%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds soared to $65M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 632%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.1 | 8.0 | 36.0 | 1797.4% |
| United Arab Emirates | 0.1 | 3.2 | 2.7 | 12.0 | 393.2% |
| China | 0.7 | 4.1 | 1.7 | 10.8 | 148.9% |
| Turkey | N/A | 0.1 | 0.4 | 1.7 | 312.3% |
| United States | 0.1 | 0.8 | 0.3 | 1.2 | 128.9% |
| Indonesia | 0.1 | 0.5 | 0.2 | 1.0 | 115.4% |
| Niger | 0.2 | 0.3 | 0.1 | 0.4 | 26.0% |
| Others | 0.2 | 1.2 | 0.5 | 1.9 | 111.8% |
| Total | 1.4 | 10.2 | 13.8 | 65.3 | 260.0% |
Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Nigeria in 2022:
- United Kingdom (19.5K tons)
- United Arab Emirates (9.2K tons)
- China (5.8K tons)
- Niger (1.3K tons)
- Indonesia (0.9K tons)
- Turkey (0.7K tons)
- United States (0.5K tons)
Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria
In 2022, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds from Nigeria soared to 18K tons, jumping by 23% against the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds surged to $1.9M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 0.7 | N/A | 109 | 1,094 | 1060.5% |
| Niger | 5.0 | N/A | 357 | 616 | 397.6% |
| Cameroon | 5.8 | N/A | 122 | 173 | 210.1% |
| Benin | 0.7 | N/A | 163 | 46.7 | 305.6% |
| Cote d'Ivoire | N/A | N/A | 859 | N/A | 0% |
| Others | 0.5 | N/A | 1.8 | 3.2 | 85.7% |
| Total | 12.8 | N/A | 1,612 | 1,934 | 432.6% |
Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from Nigeria in 2022:
- Ghana (11.0K tons)
- Niger (6.3K tons)
- Benin (0.4K tons)
- Cameroon (0.4K tons)
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