In recent years, Nigeria"s bread and pastry market has been experiencing significant shifts in import and export dynamics, reflecting broader trends in its food industry. According to recent data, the import of "Mixes and doughs for bakers" wares" saw a substantial decline in quantity from 550,041. 53 kg in 2022 to 334,611. 59 kg in 2023, alongside a decrease in value from $1,821,696 to $1,384,678. This trend may indicate a tightening of domestic supply chains or shifts towards local production. Conversely, the import of Crispbread surged significantly in 2023, reaching 409,858. 25 kg, valued at $421,991, compared to a mere 2,530. 82 kg in 2022.
This dramatic increase could be due to rising consumer demand or evolving dietary preferences among Nigerian consumers. On the export side, Nigeria"s Crispbread exports expanded markedly from 7,254 kg in 2022 to 108,664 kg in 2023, with export values rising correspondingly, suggesting that Nigerian producers are becoming more competitive in foreign markets. Overall, the price trends highlight a nuanced picture: while Nigeria"s imports are declining in volume for certain bakery commodities, the value remains relatively high, suggesting stable demand for quality or premium products, even as domestic production capabilities improve. Aritral. com, a leading AI-driven B2B platform, can facilitate these trade dynamics by providing essential services such as Product Listing, Direct Communication, and Global Sales Assistance. With AI-Powered Marketing and Profile Management, Aritral simplifies international trade processes, enabling businesses to connect with key suppliers and expand their global reach efficiently.
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