Report Update Nov 1, 2024

Nigeria - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Piper Pepper Market 2024

Piper Pepper Market Size in Nigeria

For the fourth consecutive year, the Nigerien piper pepper market recorded growth in sales value, which increased by 80% to $X in 2022. Over the period under review, consumption posted significant growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Piper Pepper Exports

Exports from Nigeria

For the fourth consecutive year, Nigeria recorded growth in overseas shipments of piper pepper, which increased by 236% to X tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 2,973%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, piper pepper exports surged to $X in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 3,614%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for piper pepper exports from Nigeria, with a 93% share of total exports. Moreover, piper pepper exports to the United Arab Emirates exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +144.3%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for piper pepper exports from Nigeria, comprising 91% of total exports. The second position in the ranking was taken by the UK ($X), with a 3.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +161.6%.

Export Prices by Country

In 2022, the average piper pepper export price amounted to $X per ton, reducing by -59.1% against the previous year. In general, the export price faced a abrupt slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 93%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+45.6%), while the prices for the other major destinations experienced mixed trend patterns.

Piper Pepper Imports

Imports into Nigeria

In 2022, the amount of piper pepper imported into Nigeria skyrocketed to X tons, increasing by 113% on 2021 figures. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, piper pepper imports soared to $X in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and France (X tons) were the main suppliers of piper pepper imports to Nigeria, together accounting for 68% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +4,868.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper suppliers to Nigeria were France ($X), India ($X) and China ($X), with a combined 67% share of total imports.

In terms of the main suppliers, France, with a CAGR of +7,867.8%, recorded the highest rates of growth with regard to 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 piper pepper import price stood at $X per ton in 2022, reducing by -11.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 45%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+60.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for piper pepper in the world?

The countries with the highest volumes of piper pepper consumption in 2021 were the United States, India and Vietnam, together accounting for 31% of global consumption. Indonesia, China, Sri Lanka, Malaysia, Brazil, Tajikistan, Pakistan, Germany, the United Arab Emirates and the UK lagged somewhat behind, together comprising a further 38%.

What are the largest producers of piper pepper in the world?

Vietnam remains the largest piper pepper producing country worldwide, comprising approx. 37% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Brazil, twofold. Indonesia ranked third in terms of total production with a 12% share.

What are the leading suppliers of piper pepper to Nigeria?

In value terms, the largest piper pepper suppliers to Nigeria were France, Vietnam and Indonesia, together comprising 78% of total imports.

What are the leading importers of piper pepper from Nigeria?

In value terms, the largest markets for piper pepper exported from Nigeria were Spain, Estonia and Vietnam, with a combined 56% share of total exports. These countries were followed by the UK, Saudi Arabia, Canada, the United States, India, Kuwait, the United Arab Emirates, South Africa and Ghana, which together accounted for a further 39%.

What is the average export price for piper pepper in Nigeria?

In 2021, the average piper pepper export price amounted to $2,867 per ton, with an increase of 57% against the previous year.

What is the average import price for piper pepper in Nigeria?

In 2021, the average piper pepper import price amounted to $6,691 per ton, growing by 6.7% against the previous year.

This report provides an in-depth analysis of the piper pepper 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 687 - Pepper

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. 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