Nigeria: Prepared Mustard Market 2025

Prepared Mustard Market Size in Nigeria

The Nigerien prepared mustard market rose notably to $X in 2021, with an increase of 9.5% against the previous year. In general, consumption, however, enjoyed a buoyant increase. Prepared mustard consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Prepared Mustard Production in Nigeria

In value terms, prepared mustard production surged to $X in 2021 estimated in export price. Overall, production, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 103% against the previous year. Prepared mustard production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Prepared Mustard Exports

Exports from Nigeria

In 2021, approx. X tons of prepared mustard were exported from Nigeria; reducing by -6.2% compared with the previous year's figure. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 8,560% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared mustard exports contracted markedly to $X in 2021. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 13,116% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for prepared mustard exports from Nigeria, with a 99% share of total exports. It was followed by Niger (X kg), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +60.0%.

In value terms, the UK ($X) emerged as the key foreign market for prepared mustard exports from Nigeria, comprising 96% of total exports. The second position in the ranking was held by Niger ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK totaled +59.4%.

Export Prices by Country

In 2021, the average prepared mustard export price amounted to $X per ton, falling by -36% against the previous year. Over the period under review, the export price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2018 an increase of 115% against the previous year. The export price peaked at $X per ton in 2020, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+20.1%), while the prices for the other major destinations experienced mixed trend patterns.

Prepared Mustard Imports

Imports into Nigeria

In 2021, overseas purchases of prepared mustard increased by 49% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 99% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, prepared mustard imports soared to $X in 2021. In general, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 86%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Singapore (X tons), the United States (X tons) and Canada (X tons) were the main suppliers of prepared mustard imports to Nigeria, with a combined 49% share of total imports. These countries were followed by Italy, Belgium, Lebanon, South Africa, the Netherlands, China, Indonesia and India, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +44.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of prepared mustard to Nigeria, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with a 10% share of total imports. It was followed by Lebanon, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Singapore amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+11.6% per year) and Lebanon (+20.8% per year).

Import Prices by Country

In 2021, the average prepared mustard import price amounted to $X per ton, waning by -16.1% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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