Report Update Nov 1, 2024

Nigeria - Couscous - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Couscous Market 2024

Couscous Market Size in Nigeria

For the third year in a row, the Nigerien couscous market recorded growth in sales value, which increased by 3.9% to $X in 2021. The market value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Couscous Production in Nigeria

In value terms, couscous production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. Over the period under review, production attained the peak level in 2021 and is likely to see steady growth in the near future.

Couscous Exports

Exports from Nigeria

In 2014, the amount of couscous exported from Nigeria amounted to X tons, stabilizing at the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2014 and are expected to retain growth in years to come.

In value terms, couscous exports totaled $X in 2014. In general, exports showed a relatively flat trend pattern. The exports peaked in 2014 and are expected to retain growth in years to come.

Exports by Country

Israel (X tons), India (X tons) and Benin (X kg) were the main destinations of couscous exports from Nigeria.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +31.7%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Israel ($X) and Benin ($X) constituted the largest markets for couscous exported from Nigeria worldwide.

In terms of the main countries of destination, Israel, with a CAGR of +31.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average couscous export price stood at less than $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Benin ($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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Couscous Imports

Imports into Nigeria

In 2021, approx. X tons of couscous were imported into Nigeria; dropping by -51% on 2020 figures. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 5,542%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, couscous imports plummeted to $X in 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 34,903%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) was the main couscous supplier to Nigeria, accounting for a 272% share of total imports. It was followed by India (X tons), with a 7.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +115.0%.

In value terms, France ($X) constituted the largest supplier of couscous to Nigeria, comprising 675% of total imports. The second position in the ranking was taken by India ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +88.2%.

Import Prices by Country

The average couscous import price stood at $X per ton in 2021, growing by 7.5% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 520% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+11.9%), 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 couscous in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 29% share of global consumption. These countries were followed by Japan, Russia, Pakistan, Nigeria, Germany, Brazil, Indonesia, Bangladesh, Mexico and France, which together accounted for a further 25%.

What are the largest producers of couscous in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 29% of global production. Japan, Pakistan, Russia, Nigeria, Brazil, Germany, Indonesia, Bangladesh, Italy and Mexico lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of couscous to Nigeria?

In value terms, the largest couscous suppliers to Nigeria were India and the Netherlands.

What are the leading importers of couscous from Nigeria?

In value terms, Benin remains the key foreign market for couscous exports from Nigeria.

What is the average export price for couscous in Nigeria?

The average couscous export price stood at $638 per ton in 2021, which is down by -61.8% against the previous year.

What is the average import price for couscous in Nigeria?

In 2021, the average couscous import price amounted to $1,538 per ton, with a decrease of -2.4% against the previous year.

This report provides an in-depth analysis of the couscous 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:

Prodcom 10731200 - Couscous

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