Nigeria: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in Nigeria

The Nigerien mango and mangosteen market declined to $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when the market value increased by 4.8%. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Mango And Mangosteen Production in Nigeria

In value terms, mango and mangosteen production stood at $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of 7.1% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average mango and mangosteen yield in Nigeria reduced modestly to X tons per ha, approximately equating the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 1.8%. Over the period under review, the average mango and mangosteen yield hit record highs at X tons per ha in 2021, and then declined modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of mangoes, mangosteens and guavas production in Nigeria totaled X ha, approximately mirroring 2021 figures. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 0.2%. Over the period under review, the harvested area dedicated to mango and mangosteen production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Mango And Mangosteen Exports

Exports from Nigeria

In 2022, overseas shipments of mangoes, mangosteens and guavas increased by 53% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2019 with an increase of 245% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, mango and mangosteen exports shrank rapidly to $X in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 132% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Niger (X tons) was the main destination for mango and mangosteen exports from Nigeria, with a 80% share of total exports. Moreover, mango and mangosteen exports to Niger exceeded the volume sent to the second major destination, the UK (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger stood at +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+83.8% per year) and Bahrain (+43.1% per year).

In value terms, the largest markets for mango and mangosteen exported from Nigeria were Niger ($X), the UK ($X) and Bahrain ($X), with a combined 94% share of total exports.

Among the main countries of destination, Bahrain, with a CAGR of +22.2%, recorded the highest growth rate of 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 average mango and mangosteen export price stood at $X per ton in 2022, waning by -49.9% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 117% 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 somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Niger ($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 Niger (-13.4%), while the prices for the other major destinations experienced a decline.

Mango And Mangosteen Imports

Imports into Nigeria

In 2022, approx. X tons of mangoes, mangosteens and guavas were imported into Nigeria; with a decrease of -6% compared with the previous year's figure. In general, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 110% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, mango and mangosteen imports declined to $X in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 377%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Egypt (X tons), India (X tons) and the Netherlands (X kg) were the main suppliers of mango and mangosteen imports to Nigeria, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +7.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest mango and mangosteen suppliers to Nigeria were India ($X), the UK ($X) and Egypt ($X), with a combined 72% share of total imports. These countries were followed by the Netherlands, which accounted for a further 4%.

Among the main suppliers, the Netherlands, with a CAGR of +12.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average mango and mangosteen import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 139%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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