Nigeria - Concentrated Grapefruit Juice - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNigeria: Concentrated Grapefruit Juice Market 2022
Concentrated Grapefruit Juice Market Size in Nigeria
The Nigerien concentrated grapefruit juice market soared to $X in 2021, rising by 123% against the previous year. Overall, consumption, however, recorded a precipitous curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Concentrated Grapefruit Juice Production in Nigeria
In value terms, concentrated grapefruit juice production dropped to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 21%. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.
Concentrated Grapefruit Juice Exports
Exports from Nigeria
Concentrated grapefruit juice exports from Nigeria totaled X tons in 2021, almost unchanged from the previous year's figure. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 869%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, concentrated grapefruit juice exports surged to $X in 2021. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 329%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Niger (X tons) was the main destination for concentrated grapefruit juice exports from Nigeria, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Niger totaled +19.0%.
In value terms, Niger ($X) also remains the key foreign market for concentrated grapefruit juice exports from Nigeria.
From 2012 to 2021, the average annual growth rate of value to Niger stood at +28.7%.
Export Prices by Country
In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, increasing by 21% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 60% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to +8.2% per year.
Concentrated Grapefruit Juice Imports
Imports into Nigeria
In 2021, the amount of concentrated grapefruit juice imported into Nigeria surged to X tons, jumping by 65% on 2020. Over the period under review, imports, however, recorded a sharp downturn. The pace of growth appeared the most rapid in 2019 with an increase of 1,732%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, concentrated grapefruit juice imports soared to $X in 2021. In general, imports, however, showed a dramatic descent. The pace of growth appeared the most rapid in 2019 with an increase of 676%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, South Africa (X tons) constituted the largest concentrated grapefruit juice supplier to Nigeria, accounting for a 72% share of total imports. Moreover, concentrated grapefruit juice imports from South Africa exceeded the figures recorded by the second-largest supplier, Italy (X kg), threefold. Lebanon (X kg) ranked third in terms of total imports with a 2.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa amounted to -33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.6% per year) and Lebanon (-4.8% per year).
In value terms, South Africa ($X) constituted the largest supplier of concentrated grapefruit juice to Nigeria, comprising 54% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by the UK, with a 20% share.
From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled -33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.5% per year) and the UK (-24.8% per year).
Import Prices by Country
The average concentrated grapefruit juice import price stood at $X per ton in 2021, with an increase of 49% against the previous year. Overall, the import price showed noticeable growth. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+81.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the concentrated grapefruit juice 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:
- FCL 510 - Grapefruit Juice, Concentrated
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the concentrated grapefruit juice market in Asia.
This report provides an in-depth analysis of the global concentrated grapefruit juice market.
This report provides an in-depth analysis of the concentrated grapefruit juice market in the EU.
This report provides an in-depth analysis of the concentrated grapefruit juice market in the U.S..
This report provides an in-depth analysis of the concentrated grapefruit juice market in China.