Nigeria - Preserved Sauerkraut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sauerkraut Price in Nigeria - 2022
Contents:
- Preserved Sauerkraut Price in Nigeria (CIF) - 2022
- Preserved Sauerkraut Price in Nigeria (FOB) - 2022
- Preserved Sauerkraut Imports in Nigeria
- Preserved Sauerkraut Exports in Nigeria
Preserved Sauerkraut Price in Nigeria (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $1,583 per ton, dropping by -8.3% against the previous year. Overall, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. Over the period under review, average import prices attained the maximum at $2,270 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($5,938 per ton), while the price for Germany ($570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Sauerkraut Price in Nigeria (FOB) - 2022
The average preserved sauerkraut export price stood at $1,802 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 57% against the previous year. As a result, the export price reached the peak level of $3,137 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($9,747 per ton), while the average price for exports to South Africa ($332 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Sauerkraut Imports in Nigeria
Preserved sauerkraut imports into Nigeria fell remarkably to 14 tons in 2022, declining by -92.3% on 2021. Overall, imports saw a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 1,275% against the previous year. As a result, imports reached the peak of 178 tons, and then reduced markedly in the following year.
In value terms, preserved sauerkraut imports reduced rapidly to $22K in 2022. In general, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 992%. As a result, imports reached the peak of $307K, and then contracted markedly in the following year.
| Import of Preserved Sauerkraut in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 27.1 | 11.9 | 59.5 | 3.0 | -52.0% |
| Indonesia | 2.6 | 0.6 | 33.3 | 2.9 | 3.7% |
| France | 2.7 | 2.0 | 15.9 | 2.7 | 0.0% |
| Germany | 0.8 | 0.7 | 30.0 | 2.6 | 48.1% |
| Belgium | 1.9 | 1.3 | 16.1 | 1.4 | -9.7% |
| United Kingdom | 9.6 | 4.2 | 21.0 | 1.1 | -51.4% |
| China | 2.3 | 1.1 | 7.0 | 0.6 | -36.1% |
| Poland | N/A | N/A | 49.5 | N/A | 0% |
| Others | 20.2 | 6.3 | 74.8 | 7.4 | -28.4% |
| Total | 67.3 | 28.1 | 307 | 21.6 | -31.5% |
Top Suppliers of Preserved Sauerkraut to Nigeria in 2022:
- Germany (4.6 tons)
- Belgium (2.4 tons)
- Lebanon (1.4 tons)
- Indonesia (1.3 tons)
- France (1.1 tons)
- China (0.7 tons)
- United Kingdom (0.3 tons)
Preserved Sauerkraut Exports in Nigeria
In 2022, exports of preserved sauerkraut from Nigeria soared to 8.9 tons, jumping by 88% compared with 2021. Overall, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut exports soared to $16K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Preserved Sauerkraut in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,013 | 162 | 2,689 | 3,547 | 51.9% |
| India | N/A | N/A | N/A | 2,746 | 0% |
| Israel | N/A | N/A | N/A | 1,799 | 0% |
| South Africa | 343 | 83.0 | 590 | 729 | 28.6% |
| Belgium | 364 | 216 | 1,083 | 513 | 12.1% |
| Canada | 28.0 | 4.0 | 176 | 425 | 147.6% |
| United Arab Emirates | 529 | 31.0 | 49.0 | 298 | -17.4% |
| Netherlands | 409 | 46.0 | 62.0 | 283 | -11.6% |
| Benin | 2,392 | 65.0 | 253 | 120 | -63.1% |
| China | 101 | 6,086 | N/A | N/A | 5925.7% |
| Others | 3,038 | 1,690 | 3,629 | 5,672 | 23.1% |
| Total | 8,217 | 8,383 | 8,531 | 16,132 | 25.2% |
Top Export Markets for Preserved Sauerkraut from Nigeria in 2022:
- South Africa (2198.0 kg)
- India (2161.0 kg)
- Israel (576.0 kg)
- Belgium (415.0 kg)
- Australia (364.0 kg)
- United Arab Emirates (238.0 kg)
- Canada (141.0 kg)
- Benin (134.0 kg)
- Netherlands (110.0 kg)
This report provides an in-depth analysis of the preserved sauerkraut 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:
- Prodcom 10391750 - Preserved sauerkraut (excluding prepared vegetable dishes and sauerkraut dried, frozen or preserved by vinegar or acetic acid)
- PRODCOM 10391750 -
- PRODCOM 10391760 -
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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1573
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1150
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