Report Update Nov 1, 2024

Nigeria - Bellies and Cuts of Swine (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Nigeria

The Nigerien preserved swine belly market reached $X in 2020, rising by X% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level in 2020 and is expected to retain growth in years to come.

Preserved Swine Belly Production in Nigeria

In value terms, preserved swine belly production expanded to $X in 2020 estimated in export prices. Overall, production saw resilient growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Preserved swine belly production peaked in 2020 and is expected to retain growth in years to come.

Preserved Swine Belly Exports

Exports from Nigeria

In 2020, preserved swine belly exports from Nigeria totaled X kg, remaining relatively unchanged against the previous year's figure. Overall, exports showed a relatively flat trend pattern. Over the period under review, exports reached the peak figure at X kg in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, preserved swine belly exports amounted to $X in 2020. In general, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

South Africa (X kg) was the main destination for preserved swine belly exports from Nigeria, accounting for a approx. X% share of total exports.

From 2007 to 2013, the average annual rate of growth in terms of volume to South Africa was relatively modest.

From 2007 to 2013, the average annual growth rate of value to South Africa was relatively modest.

Export Prices by Country

In 2013, the average preserved swine belly export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2013 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2007 to 2013, the rate of growth in terms of prices for South Africa amounted to X% per year.

Preserved Swine Belly Imports

Imports into Nigeria

After three years of growth, supplies from abroad of bellies and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons in 2020. Over the period under review, imports, however, showed pronounced growth. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, preserved swine belly imports dropped dramatically to $X in 2020. Overall, imports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

The Netherlands (X tons), Spain (X tons) and the U.S. (X tons) were the main suppliers of preserved swine belly imports to Nigeria, with a combined X% share of total imports. These countries were followed by Italy, Denmark and South Africa, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved swine belly suppliers to Nigeria were the Netherlands ($X), Spain ($X) and Italy ($X), together comprising X% of total imports. The U.S., Denmark and South Africa lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average preserved swine belly import price amounted to $X per ton, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly consumption in 2020 were China, the U.S. and India, together accounting for 29% of global consumption. France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico lagged somewhat behind, together comprising a further 26%.

What are the largest producers of bellies and cuts of swine (salted, in brine, dried or smoked) in the world?

The countries with the highest volumes of preserved swine belly production in 2020 were China, the U.S. and India, with a combined 30% share of global production. France, Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Poland and Mexico lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of bellies and cuts of swine (salted, in brine, dried or smoked) to Nigeria?

In value terms, the Netherlands, Spain and Italy constituted the largest preserved swine belly suppliers to Nigeria, with a combined 68% share of total imports. The U.S., Denmark and South Africa lagged somewhat behind, together comprising a further 32%.

What is the average export price for bellies and cuts of swine (salted, in brine, dried or smoked) in Nigeria?

The average preserved swine belly export price stood at $965 per ton in 2013, remaining constant against the previous year.

What is the average import price for bellies and cuts of swine (salted, in brine, dried or smoked) in Nigeria?

The average preserved swine belly import price stood at $6,463 per ton in 2020, surging by 32% against the previous year.

This report provides an in-depth analysis of the preserved swine belly 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 2025.

Product coverage:

Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023