Nigeria: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Nigeria

The Nigerien market for uncooked pasta (not containing eggs) reduced to $X in 2021, with a decrease of -7.1% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in Nigeria

In value terms, uncooked pasta (not containing eggs) production shrank to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Nigeria

After two years of decline, shipments abroad of uncooked pasta (not containing eggs) increased by 61% to X tons in 2021. In general, exports saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by 59,567% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) exports surged to $X in 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 with an increase of 58,220%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ghana (X tons), France (X tons) and Gambia (X tons) were the main destinations of uncooked pasta (not containing eggs) exports from Nigeria, with a combined 89% share of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +214,298.3%), while the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) remains the key foreign market for uncooked pasta (not containing eggs) exports from Nigeria, comprising 73% of total exports. The second position in the ranking was taken by Canada ($X), with a 5% share of total exports. It was followed by South Africa, with a 2.6% share.

From 2013 to 2021, the average annual rate of growth in terms of value to Ghana stood at +50.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+62.9% per year) and South Africa (+40.4% per year).

Export Prices by Country

In 2021, the average export price for uncooked pasta (not containing eggs) amounted to $X per ton, waning by -24.5% against the previous year. In general, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2015 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+15.8%), while the prices for the other major destinations experienced a decline.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Nigeria

In 2021, overseas purchases of uncooked pasta (not containing eggs) decreased by -54.1% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2017 with an increase of 123% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, uncooked pasta (not containing eggs) imports fell notably to $X in 2021. In general, imports, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2017 when imports increased by 183% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Niger (X tons) constituted the largest supplier of uncooked pasta (not containing eggs) to Nigeria, accounting for a 59% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Niger exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Latvia (X tons), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Niger totaled +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+22.4% per year) and Latvia (+45.4% per year).

In value terms, Niger ($X), Latvia ($X) and Turkey ($X) appeared to be the largest uncooked pasta (not containing eggs) suppliers to Nigeria, together comprising 68% of total imports.

Among the main suppliers, Latvia, with a CAGR of +53.0%, saw the highest growth rate of 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 uncooked pasta (not containing eggs) amounted to $X per ton, picking up by 7.2% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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