The price per unit in the 'Fish & Seafood' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 13.7 U.S. dollars (+49.87 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 41.16 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Fish & Seafood' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Fish & Seafood market covers products made from edible fish and crustaceans, mollusks, and other seafood. These products have been farmed or harvested from freshwater or the ocean and are bought and consumed for nutrient-based purposes.
Structure:
The market consists of 3 different submarkets:
The Fresh Fish market covers all types of edible fish that are fresh, chilled, or frozen, and have been farmed or harvested from freshwater or the ocean.
The Fresh Seafood market covers all types of crustaceans and mollusks that are fresh, chilled, or frozen and have been farmed or harvested.
The Processed Fish & Seafood market covers all types of fish and seafood that have been dried, salted, brined, canned, or smoked.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (September 27, 2024). Average price per unit (PPU) in the fish & seafood segment of the food market Nigeria from 2019 to 2029 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria
Statista Market Insights. "Average price per unit (PPU) in the fish & seafood segment of the food market Nigeria from 2019 to 2029." Chart. September 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria
Statista Market Insights. (2024). Average price per unit (PPU) in the fish & seafood segment of the food market Nigeria from 2019 to 2029. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria
Statista Market Insights. "Average Price per Unit (Ppu) in The Fish & Seafood Segment of The Food Market Nigeria from 2019 to 2029." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria
Statista Market Insights, Average price per unit (PPU) in the fish & seafood segment of the food market Nigeria from 2019 to 2029 Statista, https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria (last visited November 23, 2024)
Average price per unit (PPU) in the fish & seafood segment of the food market Nigeria from 2019 to 2029 [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1439908/average-price-per-unit-ppu-fish-seafood-food-market-nigeria