Price for Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria - 2022
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria (CIF) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $1,466 per ton, which is down by -33.4% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 0.9%. Over the period under review, average import prices attained the peak figure at $9,086 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Ireland.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -16.7% per year.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria
In 2022, after three years of growth, there was significant decline in purchases abroad of mollusc preparations; oysters, prepared or preserveds, when their volume decreased by -87.4% to 103 kg. Over the period under review, imports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports reached the peak of 816 kg, and then reduced sharply in the following year.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds declined significantly to $151 in 2022. In general, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of $1.8K, and then reduced rapidly in the following year.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 151 | 0% |
| South Korea | N/A | 355 | 529 | N/A | 49.0% |
| China | N/A | 865 | N/A | N/A | 0% |
| South Africa | 1,187 | 63.0 | 1,266 | N/A | 3.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,187 | 1,283 | 1,795 | 151 | -49.7% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Nigeria in 2022:
- Ireland (103.0 kg)
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