Nigeria: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Nigeria

The Nigerien market for concentrated lemon and other citrus fruit juice soared to $X in 2021, with an increase of 84% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a mild curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Nigeria

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were exported from Nigeria; rising by 37% on the year before. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 158% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice dropped to $X in 2021. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 208%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Nigeria, accounting for a 96% share of total exports. It was followed by the United States (X tons), with a 2.4% share of total exports. Niger (X kg) ranked third in terms of total exports with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Burkina Faso stood at +33.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.1% per year) and Niger (-11.5% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Nigeria, comprising 93% of total exports. The second position in the ranking was taken by the United States ($X), with a 5% share of total exports. It was followed by South Africa, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value to Burkina Faso stood at +56.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.4% per year) and South Africa (-5.6% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, declining by -32.6% against the previous year. Overall, export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 55%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell markedly in the following year.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Nigeria

In 2021, imports of concentrated lemon and other citrus fruit juice into Nigeria skyrocketed to X tons, increasing by 38% on the year before. Overall, imports showed noticeable growth. The growth pace was the most rapid in 2016 when imports increased by 287%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by 189% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Nigeria, with a 55% share of total imports. Moreover, imports of concentrated lemon and other citrus fruit juice from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-2.2% per year) and the United States (+4.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Nigeria, comprising 54% of total imports. The second position in the ranking was taken by South Africa ($X), with a 23% share of total imports. It was followed by India, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+4.4% per year) and India (+66.2% per year).

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, with an increase of 52% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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