Nigeria: Green Bean Market 2025

Green Bean Market Size in Nigeria

The Nigerien green bean market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Green Bean Production in Nigeria

In value terms, green bean production amounted to $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 47%. Green bean production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of green beans in Nigeria totaled less than X kg per ha in 2022, therefore, remained relatively stable against the previous year. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of green beans production in Nigeria was estimated at less than X ha, remaining relatively unchanged against 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Green Bean Exports

Exports from Nigeria

After three years of decline, overseas shipments of green beans increased by 5.5% to X tons in 2022. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 377% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, green bean exports declined to $X in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 489% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Canada (X tons) and Ghana (X tons) were the main destinations of green bean exports from Nigeria, with a combined 78% share of total exports. Ireland, the UK, Finland and the Netherlands lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +101.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Canada ($X) and the United States ($X) constituted the largest markets for green bean exported from Nigeria worldwide, together comprising 72% of total exports. Ireland, Ghana, Finland and the Netherlands lagged somewhat behind, together accounting for a further 27%.

In terms of the main countries of destination, Ireland, with a CAGR of +101.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average green bean export price stood at $X per ton in 2022, with a decrease of -10.3% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 120%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into Nigeria

After two years of decline, supplies from abroad of green beans increased by 975% to X tons in 2022. Over the period under review, imports, however, faced a dramatic descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, green bean imports skyrocketed to $X in 2022. In general, imports, however, saw a precipitous decline. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Niger (X tons) constituted the largest green bean supplier to Nigeria, accounting for a 76% share of total imports. Moreover, green bean imports from Niger exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The United States (X kg) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from Niger amounted to -23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+30.6% per year) and the United States (+32.2% per year).

In value terms, the UK ($X), Niger ($X) and the United States ($X) were the largest green bean suppliers to Nigeria, together comprising 85% of total imports. Egypt lagged somewhat behind, comprising a further 10%.

Egypt, with a CAGR of +21.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average green bean import price stood at $X per ton in 2022, reducing by -7.2% against the previous year. In general, the import price continues to indicate a noticeable descent. The growth pace was the most rapid in 2019 when the average import price increased by 63%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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