Report Update Nov 1, 2024

Nigeria - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Frozen Eels Market 2022

Frozen Eels Market Size in Nigeria

The Nigerien frozen eels market was estimated at $X in 2019, approximately reflecting 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern.

Frozen Eels Exports

Exports by Country

Indonesia represented the key exporter of frozen eels in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2020. Malaysia (X tons) ranks second in terms of the total exports with a X% share, followed by India (X%) and Pakistan (X%). The following exporters - Peru (X tons), Iran (X tons) and the U.S. (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to frozen eels exports from Indonesia stood at +X%. At the same time, Iran (+X%), Malaysia (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, India (-X%), Peru (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. Indonesia (+X p.p.), Malaysia (+X p.p.), Peru (+X p.p.), the U.S. (+X p.p.) and Iran (+X p.p.) significantly strengthened its position in terms of the global exports, while Pakistan and India saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, the largest frozen eels supplying countries from Nigeria were Indonesia ($X), Peru ($X) and Malaysia ($X), with a combined X% share of total exports. India, Pakistan, the U.S. and Iran lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Iran 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 frozen eels export price in Nigeria stood at $X per ton in 2020, standing approx. at the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced more modest paces of growth.

Frozen Eels Imports

Imports into Nigeria

In 2020, the amount of frozen eels imported into Nigeria stood at X kg, remaining constant against the previous year. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, frozen eels imports amounted to $X in 2020. Overall, imports showed a relatively flat trend pattern. Nigeria imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China was the main importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Malaysia (X tons), Qatar (X tons), Hong Kong SAR (X tons) and the U.S. (X tons), together generating a X% share of total imports. Germany (X tons), Canada (X tons), Taiwan (Chinese) (X tons) and Poland (X tons) held a minor share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Malaysia (+X%), the U.S. (+X%), Germany (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. By contrast, Taiwan (Chinese) (-X%), Canada (-X%), Hong Kong SAR (-X%) and Qatar (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Malaysia (+X p.p.), Qatar (+X p.p.), the U.S. (+X p.p.) and Germany (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of Canada (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Hong Kong SAR ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports. The U.S., Malaysia, Poland, Canada, Qatar and Taiwan (Chinese) lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the frozen eels import price in Nigeria amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Qatar, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in the world?

The countries with the highest volumes of frozen eels consumption in 2020 were China, India and the U.S., together accounting for 61% of global consumption. These countries were followed by Denmark, Indonesia, New Zealand, Qatar, Hong Kong SAR, Vietnam, Bangladesh, Taiwan Chinese), Canada and Germany, which together accounted for a further 29%.

What are the largest producers of frozen eels in the world?

The country with the largest volume of frozen eels production was Indonesia, comprising approx. 42% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Malaysia, with a 8.7% share.

What are the leading suppliers of frozen eels to Nigeria?

In value terms, China, Hong Kong SAR and Germany constituted the countries with the highest levels of imports in 2020, together accounting for 45% of total imports. The U.S., Malaysia, Poland, Canada, Qatar and Taiwan Chinese) lagged somewhat behind, together accounting for a further 31%.

What are the leading importers of frozen eels from Nigeria?

In value terms, Indonesia, Peru and Malaysia appeared to be the countries with the highest levels of exports in 2020, together accounting for 56% of total exports. India, Pakistan, the U.S. and Iran lagged somewhat behind, together comprising a further 15%.

What is the average export price for frozen eels in Nigeria?

The frozen eels export price in Nigeria stood at $0 per ton in 2020, approximately reflecting the previous year.

What is the average import price for frozen eels in Nigeria?

The frozen eels import price in Nigeria stood at $0 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the frozen eels 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 2025.

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