Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria - 2022

Contents:

  1. Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
  2. Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria

Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022

In 2022, the average import price for buffalo; live, other than pure-bred breeding animalses amounted to $4,000 per unit, increasing by 53% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 166%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,291 per unit), while the price for Niger stood at $709 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria

After three years of growth, overseas purchases of buffalo; live, other than pure-bred breeding animalses decreased by 0% to 2 units in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of buffalo; live, other than pure-bred breeding animalses soared to $4K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Buffalo; Live, Other than Pure-Bred Breeding Animals in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A3.30%
Niger1.51.22.60.7-22.4%
OthersN/AN/AN/AN/A0%
Total1.51.22.64.038.7%

Top Suppliers of Buffalo; Live, Other than Pure-Bred Breeding Animals to Nigeria in 2022:

  1. United States (1.0 units)
  2. Niger (1.0 units)

Source: IndexBox Market Intelligence Platform

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