Nigeria’s food market, particularly the canned foods sector, has shown significant fluctuations in trade volume and pricing over recent years. In 2023, Nigeria imported substantial quantities of canned tomatoes, both whole and in pieces, and not preserved by vinegar, indicating a rising domestic demand. Import volumes for canned tomatoes not preserved by vinegar reached a noteworthy 16,736,272. 51 kg, valued at $12,739,109. 843, underscoring an upward trend in the preference for these imports. Comparatively, in 2022, the import volume for similar categories was 6,236,707 kg with a value of $5,637,261. 924, marking a significant increase in both the volume and value in 2023. This increase highlights a potential shift towards higher consumption rates or possibly a shortfall in domestic production necessitating increased imports.

On the export front, Nigeria’s performance has been relatively modest. In 2022, exports of canned tomatoes not preserved by vinegar were recorded at 67,228 kg, worth $116,399. 883. This export volume demonstrates limited international market penetration, possibly due to local consumption taking precedence or competitive pricing from other regions. Price trends have also seen variability. For instance, the unit price for imports of canned tomatoes, not preserved by vinegar in 2023, was approximately $0. 76 per kg, indicative of competitive international pricing or changes in global supply chains affecting domestic import costs. Such data-driven insights are crucial for stakeholders in Nigeria’s canned foods market.

Understanding these dynamics can guide importers, exporters, and suppliers in strategic decision-making and market entry strategies. Platforms like Aritral. com offer valuable tools for businesses looking to navigate these complexities efficiently. Aritral provides product listing, direct communication with suppliers, and AI-powered marketing solutions, making it an essential partner in enhancing global trade engagements in the food sector.