Nigeria: Preserved Tomato Market 2025

Preserved Tomato Market Size in Nigeria

In 2021, after three years of growth, there was significant decline in the Nigerien preserved tomato market, when its value decreased by -12.5% to $X. In general, consumption, however, showed a remarkable increase. Preserved tomato consumption peaked at $X in 2020, and then shrank in the following year.

Preserved Tomato Production in Nigeria

In value terms, preserved tomato production declined markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a strong expansion. The growth pace was the most rapid in 2018 with an increase of 106% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell dramatically in the following year.

Preserved Tomato Exports

Exports from Nigeria

In 2021, shipments abroad of preserved tomatoes was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 170%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, preserved tomato exports surged to $X in 2021. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 238%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), South Africa (X tons) and the UK (X tons) were the main destinations of preserved tomato exports from Nigeria, together accounting for 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +56.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for preserved tomatoes exports from Nigeria, comprising 56% of total exports. The second position in the ranking was held by Canada ($X), with a 28% share of total exports. It was followed by South Africa, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +287.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+46.0% per year) and South Africa (-11.4% per year).

Export Prices by Country

In 2021, the average preserved tomato export price amounted to $X per ton, growing by 14% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 158% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+287.5%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into Nigeria

In 2021, purchases abroad of preserved tomatoes was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 104%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved tomato imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest preserved tomato supplier to Nigeria, with a 32% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Spain (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-9.2% per year) and Spain (+9.2% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Nigeria, comprising 31% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 6.8% share of total imports. It was followed by the United States, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-15.6% per year) and the United States (-15.9% per year).

Import Prices by Country

In 2021, the average preserved tomato import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($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 (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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