Nigeria: Market for Frozen Vegetables other than Potato and Corn 2025

Market Size for Frozen Vegetables other than Potato and Corn in Nigeria

The Nigerien market for frozen vegetables other than potato and corn surged to $X in 2022, with an increase of 17% against 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 recorded a buoyant increase. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Nigeria

In 2022, the amount of frozen vegetables other than potato and corn exported from Nigeria surged to X tons, jumping by 28% on the previous year's figure. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 92%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of frozen vegetables other than potato and corn contracted to $X in 2022. In general, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 87% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X tons), Niger (X tons) and the United States (X tons) were the main destinations of exports of frozen vegetables other than potato and corn from Nigeria, with a combined 84% share of total exports. The UK and Canada lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +42.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for frozen vegetables other than potato and corn exports from Nigeria, comprising 53% of total exports. The second position in the ranking was taken by the UK ($X), with a 17% share of total exports. It was followed by South Africa, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-15.7% per year) and South Africa (-16.3% per year).

Export Prices by Country

The average export price for frozen vegetables other than potato and corn stood at $X per ton in 2022, falling by -29.6% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Niger ($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 United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Nigeria

Imports of frozen vegetables other than potato and corn into Nigeria surged to X tons in 2022, rising by 21% compared with the previous year. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 197% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of frozen vegetables other than potato and corn surged to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 107%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, China (X tons) constituted the largest frozen vegetables other than potato and corn supplier to Nigeria, with a 38% share of total imports. Moreover, imports of frozen vegetables other than potato and corn from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+10.0% per year) and the United States (+31.1% per year).

In value terms, the largest frozen vegetables other than potato and corn suppliers to Nigeria were China ($X), Belgium ($X) and New Zealand ($X), with a combined 47% share of total imports.

Among the main suppliers, China, with a CAGR of +28.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen vegetables other than potato and corn stood at $X per ton in 2022, falling by -5% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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