Nigeria - Fresh or Chilled Whole Chickens - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Fresh Whole Chicken Market 2024
Fresh Whole Chicken Market Size in Nigeria
The Nigerien fresh whole chicken market contracted dramatically to $X in 2021, waning by -16.3% against the previous year. Overall, consumption, however, continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
Fresh Whole Chicken Production in Nigeria
In value terms, fresh whole chicken production shrank notably to $X in 2021 estimated in export price. Overall, production, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 114% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.
Fresh Whole Chicken Exports
Exports from Nigeria
In 2021, after two years of growth, there was significant decline in shipments abroad of fresh or chilled whole chickens, when their volume decreased by -26.1% to X kg. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 228% against the previous year. As a result, the exports attained the peak of X kg, and then contracted dramatically in the following year.
In value terms, fresh whole chicken exports plummeted to $X in 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2021: its value increased at an average annual rate of +15.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +33.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.
Exports by Country
The United Arab Emirates (X kg) was the main destination for fresh whole chicken exports from Nigeria, with a approx. 100% share of total exports.
From 2019 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for fresh or chilled whole chickens exports from Nigeria.
From 2019 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.
Export Prices by Country
In 2021, the average fresh whole chicken export price amounted to $X per ton, surging by 3.1% against the previous year. In general, the export price, however, continues to indicate a precipitous setback. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2019 to 2021, the rate of growth in terms of prices for Niger amounted to -69.4% per year.
Fresh Whole Chicken Imports
Imports into Nigeria
In 2021, supplies from abroad of fresh or chilled whole chickens decreased by -16.1% to X kg for the first time since 2018, thus ending a two-year declining trend. In general, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 506% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, fresh whole chicken imports declined significantly to $X in 2021. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of 221%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, South Africa (X kg) was the main supplier of fresh whole chicken to Nigeria, accounting for a 98% share of total imports. It was followed by the Netherlands (X kg), with a 1.6% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from South Africa totaled -29.0%.
In value terms, South Africa ($X) constituted the largest supplier of fresh or chilled whole chickens to Nigeria, comprising 96% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 3.5% share of total imports.
From 2012 to 2021, the average annual growth rate of value from South Africa amounted to -26.2%.
Import Prices by Country
In 2021, the average fresh whole chicken import price amounted to $X per ton, remaining stable against the previous year. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2019 an increase of 82% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for South Africa amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+4.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fresh whole chicken 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 10121010 - Fresh or chilled whole chickens
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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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, PRODUCING ANIMALS AND YIELD
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
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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
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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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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