Report Update Jan 1, 2025

Nigeria - Fresh or Chilled Salmonoids Fillets - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Fresh Or Chilled Salmonoids Fillets 2025

Market Size for Fresh Or Chilled Salmonoids Fillets in Nigeria

The Nigerien market for fresh or chilled salmonoids fillets rose markedly to $X in 2022, increasing by 5.1% against the previous year. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Fresh Or Chilled Salmonoids Fillets in Nigeria

In value terms, fresh or chilled salmonoids fillets production amounted to $X in 2022 estimated in export price. In general, production recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 73%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Fresh Or Chilled Salmonoids Fillets

Exports from Nigeria

In 2022, overseas shipments of fresh or chilled salmonoids fillets were finally on the rise to reach X kg for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, showed a dramatic contraction. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets exports surged to $X in 2022. Overall, exports, however, showed a sharp setback. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for fresh or chilled salmonoids fillets exports from Nigeria, accounting for a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger stood at +6.9%.

In value terms, Niger ($X) also remains the key foreign market for fresh or chilled salmonoids fillets exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger stood at +19.9%.

Export Prices by Country

The average export price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, rising by 19% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 150% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +12.2% per year.

Imports of Fresh Or Chilled Salmonoids Fillets

Imports into Nigeria

In 2022, approx. X kg of fresh or chilled salmonoids fillets were imported into Nigeria; with an increase of 10% on the year before. Overall, imports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 181%. Over the period under review, imports attained the peak figure at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids fillets imports shrank remarkably to $X in 2022. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 772% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X kg) was the main supplier of fresh or chilled salmonoids fillets to Nigeria, accounting for a 97% share of total imports. It was followed by South Africa (X kg), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +47.6%.

In value terms, the Netherlands ($X) constituted the largest supplier of fresh or chilled salmonoids fillets to Nigeria, comprising 92% of total imports. The second position in the ranking was held by South Africa ($X), with an 8.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +41.1%.

Import Prices by Country

The average import price for fresh or chilled salmonoids fillets stood at $X per ton in 2022, with a decrease of -49.3% against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 497%. The import price peaked at $X per ton in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+2,052.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled salmonoids fillets in the world?

The countries with the highest volumes of in 2021 were the United States, India and Japan, with a combined 28% share of global consumption. Germany, Pakistan, Nigeria, Brazil, Indonesia, the UK, France, Mexico, Italy and Turkey lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of fresh or chilled salmonoids fillets in the world?

The countries with the highest volumes of in 2021 were the United States, India and Japan, together comprising 28% of global production. These countries were followed by Germany, Pakistan, Nigeria, Brazil, Indonesia, the UK, France, Mexico, Italy and Turkey, which together accounted for a further 36%.

What are the leading suppliers of fresh or chilled salmonoids fillets to Nigeria?

In value terms, the Netherlands constituted the largest supplier of fresh or chilled salmonoids fillets to Nigeria, comprising 88% of total imports. The second position in the ranking was occupied by South Africa $323), with a 12% share of total imports.

What are the leading importers of fresh or chilled salmonoids fillets from Nigeria?

In value terms, Niger $954) remains the key foreign market for fresh or chilled salmonoids fillets exports from Nigeria.

What is the average export price for fresh or chilled salmonoids fillets in Nigeria?

The average export price for fresh or chilled salmonoids fillets stood at $509 per ton in 2021, approximately equating the previous year.

What is the average import price for fresh or chilled salmonoids fillets in Nigeria?

The average import price for fresh or chilled salmonoids fillets stood at $46,453 per ton in 2021, jumping by 342% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled salmonoids fillets 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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024