Nigeria: Market for Smoked Fish Other than Salmon and Herring 2025

Market Size for Smoked Fish Other than Salmon and Herring in Nigeria

After three years of growth, the Nigerien market for smoked fish other than salmon and herring decreased by -1.6% to $X in 2021. Overall, consumption recorded strong growth. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.

Production of Smoked Fish Other than Salmon and Herring in Nigeria

In value terms, production of smoked fish other than salmon and herring contracted to $X in 2021 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 72%. Production of peaked at $X in 2020, and then dropped in the following year.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Nigeria

In 2021, the amount of smoked fish other than salmon and herring exported from Nigeria fell dramatically to X tons, waning by -20.9% against the year before. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 409% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of smoked fish other than salmon and herring fell to $X in 2021. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 302% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X tons), Niger (X tons) and Canada (X tons) were the main destinations of exports of smoked fish other than salmon and herring from Nigeria, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Niger (with a CAGR of +45.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for smoked fish other than salmon and herring exports from Nigeria, comprising 74% of total exports. The second position in the ranking was held by Canada ($X), with an 18% share of total exports. It was followed by Niger, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+57.7% per year) and Niger (+44.3% per year).

Export Prices by Country

In 2021, the average export price for smoked fish other than salmon and herring amounted to $X per ton, picking up by 12% against the previous year. In general, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 108%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Niger ($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 Canada (+9.7%), while the prices for the other major destinations experienced a decline.

Imports of Smoked Fish Other than Salmon and Herring

Imports into Nigeria

In 2021, after three years of growth, there was significant decline in supplies from abroad of smoked fish other than salmon and herring, when their volume decreased by -92.4% to X tons. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 1,839% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2020, and then reduced notably in the following year.

In value terms, imports of smoked fish other than salmon and herring dropped dramatically to $X in 2021. Over the period under review, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,043% against the previous year. Imports peaked at $X in 2020, and then contracted notably in the following year.

Imports by Country

Niger (X tons), Thailand (X tons) and Mali (X tons) were the main suppliers of imports of smoked fish other than salmon and herring to Nigeria, together comprising 87% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest smoked fish other than salmon and herring suppliers to Nigeria were Thailand ($X), Niger ($X) and Cameroon ($X), with a combined 90% share of total imports.

In terms of the main suppliers, Cameroon, with a CAGR of +27.2%, 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

In 2021, the average import price for smoked fish other than salmon and herring amounted to $X per ton, rising by 14% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 75%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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