Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria - 2022

Contents:

1. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria (CIF) - 2022
2. Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria (FOB) - 2022
3. Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria
4. Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria (CIF) - 2022

In 2022, the average import price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $1.7 per unit, declining by -4.1% against the previous year. Over the period under review, the import price faced a abrupt decline. The import price peaked at $5.6 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1.7 per unit), while the price for Niger amounted to $1.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (-11.6%).

Price for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria (FOB) - 2022

In 2020, the average export price for poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat amounted to $2 per unit, dropping by -8.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 5.5% against the previous year. The export price peaked at $2.2 per unit in 2019, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Cameroon ($2 per unit), while the average price for exports to Niger totaled $2 per unit.

From 2016 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-0.2%).

Imports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria

In 2022, overseas purchases of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat increased by 681% to 1.8K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat soared to $3K in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g to Nigeria in 2022:

1. South Africa (1689.0 units)
2. Niger (108.0 units)

Exports of Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g in Nigeria

In 2022, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat from Nigeria was estimated at less than 0.1 units, therefore, remained relatively stable against the previous year's figure. In general, exports recorded a significant decrease. The smallest decline of -85.3% was in 2020. The exports peaked at 1.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of poultry; live, fowls of the species gallus domesticus, weighing more than 185g meat reduced to $404 in 2022. Over the period under review, exports faced a sharp decline. The exports peaked at $3.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Poultry; Live, Fowls of the Species Gallus Domesticus, Weighing More than 185g from Nigeria in 2022:

1. Niger (228.0 units)
2. Cameroon (24.0 units)

Source: IndexBox Market Intelligence Platform