Niger: Beef Market 2020

Beef Market Size in Niger

The revenue of the beef market in Niger amounted to $X in 2018, rising by X% against the previous year. Over the period under review, beef consumption continues to indicate a mild descent. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the beef market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Beef Production in Niger

In value terms, beef production stood at $X in 2018 estimated in export prices. Overall, beef production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Niger beef production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Beef Exports

Exports from Niger

In 2018, the beef exports from Niger totaled X tons, shrinking by -X% against the previous year. In general, the total exports indicated a modest expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef exports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. In that year, beef exports reached their peak of X tons. From 2015 to 2018, the growth of beef exports failed to regain its momentum.

In value terms, beef exports totaled $X in 2018. In general, the total exports indicated conspicuous growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Niger exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tons), comprising a X% share of total exports. The following exporters - New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Niger lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The beef export price in Niger stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the beef export price continues to indicate a measured increase. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Niger export price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Beef Imports

Imports into Niger

In 2018, the beef imports into Niger amounted to X tons, increasing by X% against the previous year. In general, beef imports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, beef imports reached their maximum at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, beef imports amounted to $X in 2018. Over the period under review, beef imports continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Niger imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons) represented the major importers of beef (cattle meat) in the world, constituting X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Niger, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Niger were the U.S. ($X), Japan ($X) and China ($X), together accounting for X% of total imports. These countries were followed by South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Niger, which together accounted for a further X the main importing countries, Niger experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the beef import price in Niger amounted to $X per ton, going up by X% against the previous year. In general, the beef import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 when the import price increased by X% year-to-year. Over the period under review, the import prices for beef (cattle meat) reached their peak figure in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform