Report Update Jun 1, 2025

Nigeria - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Carob Market 2025

Carob Market Size in Nigeria

The Nigerien carob market declined significantly to $X in 2021, which is down by -90.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt decline. Carob consumption peaked at $X in 2020, and then shrank notably in the following year.

Carob Exports

Exports from Nigeria

In 2021, approx. X tons of carob were exported from Nigeria; jumping by 163% against the year before. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 272%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, carob exports soared to $X in 2021. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 245% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons), the UK (X tons) and Canada (X tons) were the main destinations of carob exports from Nigeria, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of +152.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and the UK ($X) constituted the largest markets for carob exported from Nigeria worldwide, with a combined 98% share of total exports.

In terms of the main countries of destination, Canada, with a CAGR of +163.1%, 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 carob export price stood at $X per ton in 2021, which is down by -10.7% against the previous year. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 87% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Carob Imports

Imports into Nigeria

In 2021, purchases abroad of carob decreased by -28.2% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 150%. Over the period under review, imports reached the maximum at X tons in 2020, and then dropped remarkably in the following year.

In value terms, carob imports shrank markedly to $X in 2021. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 116%. Imports peaked at $X in 2020, and then shrank notably in the following year.

Imports by Country

In 2021, Algeria (X tons) was the main supplier of carob to Nigeria, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Algeria totaled +20.9%.

In value terms, Algeria ($X) constituted the largest supplier of carob to Nigeria.

From 2012 to 2021, the average annual growth rate of value from Algeria stood at +18.6%.

Import Prices by Country

In 2021, the average carob import price amounted to $X per ton, falling by -13% against the previous year. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Algeria.

From 2012 to 2021, the rate of growth in terms of prices for Algeria amounted to -1.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, with a combined 51% share of global consumption. These countries were followed by Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt, which together accounted for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, together accounting for 57% of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Nigeria?

In value terms, Algeria constituted the largest supplier of carob to Nigeria.

What are the leading importers of carob from Nigeria?

In value terms, Canada remains the key foreign market for carob exports from Nigeria, comprising 95% of total exports. The second position in the ranking was occupied by the UK, with a 3.2% share of total exports.

What is the average export price for carob in Nigeria?

The average carob export price stood at $1,138 per ton in 2020, with an increase of 12% against the previous year.

What is the average import price for carob in Nigeria?

In 2020, the average carob import price amounted to $1,239 per ton, rising by 21% against the previous year.

This report provides an in-depth analysis of the carob market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 461 - Carobs

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND THE AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Export
- This Chapter is Available Only for the Professional EditionPRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012-2024
6. Imports, In Value Terms, By Country, 2012-2024
7. Import Prices, By Country, 2012-2024
8. Exports, In Physical Terms, By Country, 2012-2024
9. Exports, In Value Terms, By Country, 2012-2024
10. Exports Prices, By Country, 2012-2024
LIST OF FIGURES
1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, by Product
11. Average Per Capita Consumption, by Product
12. Exports and Growth, by Product
13. Export Prices and Growth, by Product
14. Production Volume and Growth
15. Yield and Growth
16. Exports and Growth
17. Export Prices and Growth
18. Market Size and Growth
19. Per Capita Consumption
20. Imports and Growth
21. Import Prices
22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
28. Imports, in Physical Terms, by Country, 2024
29. Imports, in Physical Terms, by Country, 2012-2024
30. Imports, in Value Terms, by Country, 2012-2024
31. Import Prices, by Country, 2012-2024
32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
34. Exports, in Physical Terms, by Country, 2024
35. Exports, in Physical Terms, by Country, 2012-2024
36. Exports, in Value Terms, by Country, 2012-2024
37. Export Prices, by Country, 2012-2024