Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria - 2022

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (CIF) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (CIF) - 2022

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,519 per ton in 2022, falling by -60.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 111%. Over the period under review, average import prices attained the peak figure at $3,833 per ton in 2021, and then dropped markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to 0.0% per year.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (FOB) - 2022

In 2022, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $2,466 per ton, picking up by 8.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($3,682 per ton), while the average price for exports to Benin totaled $621 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+4.9%).

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria

After two years of decline, overseas purchases of vegetables, brassica; brussel sprouts, fresh or chilleds increased by 6,066,150% to 728 tons in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds soared to $1.1M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A1.10%
OthersN/AN/AN/AN/A0%
TotalN/AN/AN/A1.10%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Nigeria in 2022:

  1. Pakistan (728.0 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria

After three years of growth, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -41.6% to 73 kg in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of 125 kg, and then reduced rapidly in the following year.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds fell sharply to $180 in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. As a result, the exports reached the peak of $284, and then fell markedly in the following year.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Niger76.011228416228.7%
BeninN/AN/AN/A18.00%
OthersN/AN/AN/AN/A0%
Total76.011228418033.3%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Nigeria in 2022:

  1. Niger (44.0 kg)
  2. Benin (29.0 kg)

Source: IndexBox Market Intelligence Platform

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