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Nigeria - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSausage Price in Nigeria - 2022
Contents:
- Sausage Price in Nigeria (CIF) - 2022
- Sausage Price in Nigeria (FOB) - 2022
- Sausage Imports in Nigeria
- Sausage Exports in Nigeria
Sausage Price in Nigeria (CIF) - 2022
In 2022, the average sausage import price amounted to $1,558 per ton, picking up by 39% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,440 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($5,216 per ton), while the price for China ($310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Sausage Price in Nigeria (FOB) - 2022
In 2022, the average sausage export price amounted to $2,013 per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 an increase of 40%. The export price peaked at $3,667 per ton in 2012; however, from 2013 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 South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -5.8% per year.
Sausage Imports in Nigeria
In 2022, supplies from abroad of sausages and similar products of meat decreased by -21.5% to 1.6K tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 219% against the previous year. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sausage imports reached $2.5M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 197%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Sausage in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 270 | 1,742 | 1,258 | 1,149 | 62.1% |
United Kingdom | 24.7 | 118 | 290 | 281 | 124.9% |
Ukraine | N/A | 302 | 85.8 | 129 | -34.6% |
Turkey | 13.2 | 26.8 | 63.4 | 101 | 97.1% |
Poland | N/A | 0.2 | N/A | 53.9 | 1541.6% |
China | 0.2 | 28.0 | 53.0 | 53.6 | 544.7% |
Lebanon | 42.3 | 51.5 | 33.3 | 35.3 | -5.9% |
Others | 588 | 518 | 522 | 710 | 6.5% |
Total | 939 | 2,787 | 2,306 | 2,513 | 38.8% |
Top Suppliers of Sausage to Nigeria in 2022:
- Brazil (755.7 tons)
- Ukraine (182.7 tons)
- China (173.0 tons)
- United Kingdom (155.4 tons)
- Turkey (58.7 tons)
- Lebanon (46.6 tons)
- Poland (29.0 tons)
Sausage Exports in Nigeria
In 2022, after three years of growth, there was significant decline in shipments abroad of sausages and similar products of meat, when their volume decreased by -48.9% to 13 tons. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 7,614%. As a result, the exports reached the peak of 25 tons, and then reduced dramatically in the following year.
In value terms, sausage exports contracted markedly to $26K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,433% against the previous year. As a result, the exports reached the peak of $51K, and then shrank markedly in the following year.
Export of Sausage in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | N/A | N/A | 26.1 | 0% |
Japan | N/A | N/A | 51.3 | N/A | 0% |
Others | 0.4 | 0.9 | N/A | N/A | 125.0% |
Total | 0.4 | 0.9 | 51.3 | 26.1 | 302.6% |
Top Export Markets for Sausage from Nigeria in 2022:
- South Africa (13.0 tons)
This report provides an in-depth analysis of the sausage market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
- Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the sausage market in Nigeria.
This report provides an in-depth analysis of the meat dishes market in Nigeria.
This report provides an in-depth analysis of the processed meat market in Nigeria.
This report provides an in-depth analysis of the global sausage market.
This report provides an in-depth analysis of the global meat dishes market.
This report provides an in-depth analysis of the global processed meat market.
This report provides an in-depth analysis of the sausage market in Nigeria.
This report provides an in-depth analysis of the meat dishes market in Nigeria.
This report provides an in-depth analysis of the processed meat market in Nigeria.
This report provides an in-depth analysis of the global sausage market.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of sausage were imported worldwide- going down by -X% against the previous year level. Overall, it indicated a strong growth from 2007 to 2016: the total imports volume ...
Explore the leading import markets for meat dishes, including the United Kingdom, Japan, Germany, and more. Discover key statistics and numbers from IndexBox platform.
Processed meat has become a staple in many countries around the world, providing convenience and a wide variety of flavors to consumers. As global trade continues to flourish, it's essential to identify the top import markets for processed meat. By leveraging the power of market intelligence platforms like IndexBox, we can gain valuable insights into the world's most significant players in this industry. The United Kingdom is the leading import market for processed meat, with an impressive import value of $9.7 billion USD in 2022. Japan ranks second on the list of top import markets for processed meat, with an import value of $7.2 billion USD in 2022. Germany holds the third position among the world's top import markets for processed meat, with an import value of $5.1 billion USD in 2022. France ranks fourth on the list, with an import value of $4.3 billion USD in 2022. The United States completes the top five import markets for processed meat, with an import value of $4.2 billion USD in 2022. Market intelligence platforms like IndexBox provide essential insights into the global trade dynamics and help businesses make informed decisions. By identifying the top import markets for processed meat, exporters can target their marketing efforts and develop suitable strategies to tap into these lucrative opportunities. Understanding the consumption patterns, preferences, and growth potential of these markets is crucial for achieving success in the processed meat industry. In conclusion, the United Kingdom, Japan, Germany, France, and the United States top the list of import markets for processed meat. These countries exhibit strong demand for processed meat products, driven by factors such as convenience, changing consumer lifestyles, and a preference for diverse flavors. Exporters can leverage market intelligence platforms like IndexBox to gain comprehensive insights, enabling them to capitalize on the immense potential of these import markets.