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Nigeria - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Market for Cod, Salted or in Brine 2024
Market Size for Cod, Salted or in Brine in Nigeria
The Nigerien market for cod, salted or in brine reduced to $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, showed a tangible expansion. Cod, salted or in brine consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.
Production of Cod, Salted or in Brine in Nigeria
In value terms, cod, salted or in brine production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, showed a measured expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Cod, salted or in brine production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.
Exports of Cod, Salted or in Brine
Exports from Nigeria
Cod, salted or in brine exports from Nigeria stood at X kg in 2021, leveling off at 2020 figures. In general, exports saw a sharp decrease. The smallest decline of X% was in 2020. Over the period under review, the exports attained the maximum at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, cod, salted or in brine exports totaled $X in 2021. Overall, exports showed a drastic downturn. The smallest decline of X% was in 2020. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
Switzerland (X kg) was the main destination for cod, salted or in brine exports from Nigeria, with a approx. X% share of total exports.
From 2019 to 2021, the average annual growth rate of volume to Switzerland was relatively modest.
From 2019 to 2021, the average annual growth rate of value to Switzerland was relatively modest.
Export Prices by Country
In 2021, the average export price for cod, salted or in brine amounted to $X per ton, leveling off at the previous year. Overall, the export price showed a buoyant increase. The growth pace was the most rapid in 2020 when the average export price decreased by X%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2019 to 2021, the rate of growth in terms of prices for Canada amounted to X% per year.
Imports of Cod, Salted or in Brine
Imports into Nigeria
For the sixth year in a row, Nigeria recorded decline in purchases abroad of cod, salted or in brine, which decreased by X% to X kg in 2023. Overall, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, cod, salted or in brine imports dropped sharply to $X in 2023. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Iceland (X kg) constituted the largest cod, salted or in brine supplier to Nigeria, with a X% share of total imports. Moreover, cod, salted or in brine imports from Iceland exceeded the figures recorded by the second-largest supplier, Norway (X kg), threefold.
From 2012 to 2023, the average annual rate of growth in terms of volume from Iceland amounted to X%.
In value terms, the largest cod, salted or in brine suppliers to Nigeria were Iceland ($X) and Norway ($X).
In terms of the main suppliers, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
The average import price for cod, salted or in brine stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Iceland totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for cod, salted or in brine 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:
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
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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
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