Report Nigeria - Papayas - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Nigeria - Papayas - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Papaya Market 2024

Papaya Market Size in Nigeria

The Nigerien papaya market reached $X in 2022, remaining stable against the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.2% against 2020 indices. Papaya consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Papaya Production in Nigeria

In value terms, papaya production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 160%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of papayas in Nigeria totaled X tons per ha in 2022, approximately mirroring 2021. The yield figure increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the yield increased by 6% against the previous year. The papaya yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the papaya harvested area in Nigeria shrank slightly to X ha, remaining constant against the previous year. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by 4.8%. The papaya harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Papaya Exports

Exports from Nigeria

After two years of growth, shipments abroad of papayas decreased by -19.5% to X kg in 2022. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2013 with an increase of 134%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, papaya exports shrank significantly to $X in 2022. Overall, exports saw a slight contraction. The growth pace was the most rapid in 2021 when exports increased by 131%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg), the UK (X kg) and Germany (X kg) were the main destinations of papaya exports from Nigeria, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of -7.6%), while the other leaders experienced a decline.

In value terms, the UK ($X) remains the key foreign market for papayas exports from Nigeria, comprising 61% of total exports. The second position in the ranking was held by Niger ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+6.6% per year) and Germany (-7.6% per year).

Export Prices by Country

In 2022, the average papaya export price amounted to $X per ton, shrinking by -11.1% against the previous year. In general, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by 177%. The export price peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Niger ($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 (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Papaya Imports

Imports into Nigeria

In 2022, overseas purchases of papayas increased by 4.4% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by 1,896% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, papaya imports rose sharply to $X in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 1,788% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of papaya to Nigeria, with a 70% share of total imports. Moreover, papaya imports from India exceeded the figures recorded by the second-largest supplier, Niger (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +54.5%.

In value terms, India ($X) constituted the largest supplier of papayas to Nigeria, comprising 93% of total imports. The second position in the ranking was taken by Niger ($X), with a 6.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at +53.8%.

Import Prices by Country

The average papaya import price stood at $X per ton in 2022, increasing by 3% against the previous year. Over the period under review, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 108%. The import price peaked at $X per ton in 2014; however, from 2015 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 India ($X per ton), while the price for Niger amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India remains the largest papaya consuming country worldwide, accounting for 44% of total volume. Moreover, papaya consumption in India exceeded the figures recorded by the second-largest consumer, the Dominican Republic, fivefold. Brazil ranked third in terms of total consumption with an 8.4% share.
The country with the largest volume of papaya production was India, accounting for 44% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic, fivefold. Brazil ranked third in terms of total production with an 8.7% share.
In value terms, India constituted the largest supplier of papaya to Nigeria, comprising 85% of total imports. The second position in the ranking was occupied by Niger $597), with a 15% share of total imports.
In value terms, the largest markets for papaya exported from Nigeria were Germany $871), the UK $862) and Niger $200), together comprising 96% of total exports.
The average papaya export price stood at $5,173 per ton in 2021, surging by 3.9% against the previous year.
In 2021, the average papaya import price amounted to $1,786 per ton, shrinking by -3.3% against the previous year.

This report provides an in-depth analysis of the papaya 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:

  • FCL 600 - Papayas

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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