Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria - 2022

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (CIF) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (FOB) - 2022
  3. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria
  4. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (CIF) - 2022

The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $781 per ton in 2022, falling by -24.7% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 106%. The import price peaked at $1,401 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($5,496 per ton), while the price for Niger ($172 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,000 per ton in 2022, with a decrease of -9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 an increase of 24%. As a result, the export price attained the peak level of $1,105 per ton, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,209 per ton), while the average price for exports to Niger ($142 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 Ghana (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria

In 2022, approx. 211 tons of leguminous vegetables; shelled or unshelled, fresh or chilleds were imported into Nigeria; picking up by 117% on the previous year. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 357% against the previous year. As a result, imports attained the peak of 296 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds soared to $165K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 402% against the previous year. As a result, imports reached the peak of $229K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.824.738.561.673.5%
Lebanon4.530.513.721.768.9%
Niger17.035.913.820.46.3%
Egypt1.714.17.614.5104.3%
India1.411.26.011.5101.8%
Germany2.714.54.97.842.4%
United Kingdom1.369.51.92.626.0%
Others5.428.114.524.465.3%
Total45.522910116553.6%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Nigeria in 2022:

  1. Niger (118.3 tons)
  2. China (47.5 tons)
  3. India (20.3 tons)
  4. Egypt (7.4 tons)
  5. Lebanon (3.9 tons)
  6. United Kingdom (3.9 tons)
  7. Germany (2.9 tons)

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria

In 2022, shipments abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds was finally on the rise to reach 74 tons after two years of decline. Overall, exports, however, showed a deep slump.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds fell to $74K in 2022. In general, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 4.7%.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom13.913.512.517.17.2%
India22.414.46.613.4-15.7%
Canada2.312.710.912.173.9%
United States6.110.231.59.616.3%
Ireland5.44.94.25.40.0%
United Arab Emirates4.85.34.35.22.7%
Ghana3.13.23.14.412.4%
Niger0.1N/AN/A0.571.0%
Netherlands9.94.30.10.1-78.4%
Others11.54.32.86.6-16.9%
Total79.472.876.174.5-2.1%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Nigeria in 2022:

  1. India (24.5 tons)
  2. United Arab Emirates (12.7 tons)
  3. United States (11.2 tons)
  4. Canada (8.1 tons)
  5. Ghana (3.8 tons)
  6. Niger (3.4 tons)
  7. United Kingdom (3.3 tons)
  8. Ireland (3.2 tons)
  9. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Green Beans Market to Grow at +2.0% CAGR until 2030, Reaching 29M Tons
May 6, 2024
Eye 56

Global green bean market is expected to show steady growth over the next seven years, with a forecasted increase in volume and value. Key market trends, consumption patterns, production statistics, import and export data, and price fluctuations are analyzed in detail.

Global Green Bean Market Grows Robustly to $31B
Sep 29, 2020
Eye 787

The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...

Which Country Eats the Most Green Beans in the World?
Feb 9, 2018
Eye 3528

Global green bean consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Exports the Most Green Beans in the World?
Feb 1, 2018
Eye 5252

Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Imports the Most Green Beans in the World?
Jan 16, 2018
Eye 5143

Global green bean imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level. 

Which Country Produces the Most Green Beans in the World?
Oct 13, 2017
Eye 11815

In 2015, the country with the largest volume of the green bean output was China (X thousand tons), accounting for X% of global production.

Green Bean Market - France’s Green Bean Exports Increased by 5% in 2014
Sep 16, 2015
Eye 1327

France continued its dominance of the global green bean trade. In 2014, France exported X thousand tons of green beans totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total bea

Which Country Consumes the Most Green Peas in the World?
Feb 9, 2018
Eye 7507

Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.

Which Country Exports the Most Green Peas in the World?
Feb 1, 2018
Eye 4837

Global green peas exports amounted to X thousand tons in 2015, remaining stable against the previous year level.

Which Country Imports the Most Green Peas in the World?
Jan 25, 2018
Eye 3389

Global green peas imports amounted to X thousand tons in 2015, waning by -X% against the previous year level.

Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Nigeria