Report Update Nov 1, 2024

Nigeria - Crabs, not Frozen - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Nigeria

The Nigerien crabs, not frozen market expanded modestly to $X in 2022, increasing by 2.3% against the previous year. In general, consumption, however, posted resilient growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Crabs, Not Frozen Production in Nigeria

In value terms, crabs, not frozen production rose notably to $X in 2022 estimated in export price. Overall, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Crabs, Not Frozen Exports

Exports from Nigeria

In 2022, shipments abroad of crabs, not frozen decreased by 0% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2015 with an increase of 22% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, crabs, not frozen exports expanded modestly to $X in 2022. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2018 with an increase of 100% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg), Poland (X kg) and the Czech Republic (X kg) were the main destinations of crabs, not frozen exports from Nigeria, with a combined 38% share of total exports. The Netherlands, Germany, France, Hungary and South Korea lagged somewhat behind, together accounting for a further 63%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of -23.2%), while shipments for the other leaders experienced a decline.

In value terms, the Czech Republic ($X), Germany ($X) and Russia ($X) appeared to be the largest markets for crabs, not frozen exported from Nigeria worldwide, with a combined 76% share of total exports.

The Czech Republic, with a CAGR of -34.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average crabs, not frozen export price stood at $X per ton in 2022, rising by 2.2% against the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 125% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced a decline.

Crabs, Not Frozen Imports

Imports into Nigeria

In 2021, the amount of crabs, not frozen imported into Nigeria amounted to X kg, flattening at 2020 figures. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 173%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, crabs, not frozen imports totaled $X in 2021. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 96% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X kg) was the main supplier of crabs, not frozen to Nigeria, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of crabs, not frozen to Nigeria.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average crabs, not frozen import price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 57%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +6.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crabs, not frozen in the world?

The countries with the highest volumes of in 2021 were China, Russia and South Korea, together comprising 41% of global consumption. These countries were followed by Indonesia, Canada, the United States, France, India, Ireland, Myanmar, Pakistan, Malaysia and the UK, which together accounted for a further 44%.

What are the largest producers of crabs, not frozen in the world?

The countries with the highest volumes of in 2021 were the Philippines, Russia and the UK, together comprising 39% of global production. Bangladesh, Indonesia, Myanmar, the United States, India, Ireland, Pakistan, Democratic People's Republic of Korea and Vietnam lagged somewhat behind, together accounting for a further 54%.

What are the leading suppliers of crabs, not frozen to Nigeria?

In value terms, South Africa $123) constituted the largest supplier of crabs, not frozen to Nigeria.

What are the leading importers of crabs, not frozen from Nigeria?

In value terms, the Czech Republic $170), Germany $152) and Russia $82) constituted the largest markets for crabs, not frozen exported from Nigeria worldwide, with a combined 69% share of total exports.

What is the average export price for crabs, not frozen in Nigeria?

In 2021, the average crabs, not frozen export price amounted to $3,557 per ton, declining by -23.1% against the previous year.

What is the average import price for crabs, not frozen in Nigeria?

In 2016, the average crabs, not frozen import price amounted to $6,833 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the crabs, not frozen 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:

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