Nigeria: Other Cereals Market 2025

Other Cereals Market Size in Nigeria

The Nigerien other cereals market dropped notably to $X in 2021, reducing by -33.8% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Other Cereals Production in Nigeria

In value terms, other cereals production surged to $X in 2021 estimated in export price. In general, production recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 when the production volume increased by 141%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

In 2021, the average other cereals yield in Nigeria was estimated at X kg per ha, remaining relatively unchanged against the year before. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 5%. Over the period under review, the average other cereals yield reached the peak level at X kg per ha in 2016; however, from 2017 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the other cereals harvested area in Nigeria declined to X ha, remaining constant against 2020. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 3.2%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2021, the growth of the other cereals harvested area remained at a lower figure.

Other Cereals Exports

Exports from Nigeria

In 2021, after four years of decline, there was decline in overseas shipments of other cerealses, when their volume decreased by 0% to X tons. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 16%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, other cereals exports stood at $X in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 22%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

The Netherlands (X tons), Ghana (X tons) and Cote d'Ivoire (X tons) were the main destinations of other cereals exports from Nigeria, together accounting for 94% of total exports.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +596.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other cereals exported from Nigeria were Cote d'Ivoire ($X), Ghana ($X) and the Netherlands ($X), with a combined 96% share of total exports.

In terms of the main countries of destination, Cote d'Ivoire, with a CAGR of +504.0%, saw the highest rates of growth with regard to 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

In 2021, the average other cereals export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 88% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+196.3%), while the prices for the other major destinations experienced more modest paces of growth.

Other Cereals Imports

Imports into Nigeria

In 2021, other cereals imports into Nigeria reduced rapidly to X tons, waning by -98.3% compared with the previous year's figure. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 2,582,219%. Over the period under review, imports reached the maximum at X tons in 2020, and then fell remarkably in the following year.

In value terms, other cereals imports contracted rapidly to $X in 2021. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 3,686,394%. Over the period under review, imports hit record highs at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

China (X tons), the United States (X tons) and Indonesia (X tons) were the main suppliers of other cereals imports to Nigeria, with a combined 72% share of total imports.

From 2013 to 2021, the biggest increases were in China (with a CAGR of +376.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of other cereals to Nigeria, comprising 52% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Indonesia, with a 12% share.

From 2013 to 2021, the average annual rate of growth in terms of value from China totaled +363.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+250.6% per year) and Indonesia (+5.8% per year).

Import Prices by Country

The average other cereals import price stood at $X per ton in 2021, with an increase of 19% against the previous year. Overall, import price indicated strong growth from 2013 to 2021: its price increased at an average annual rate of +9.6% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, other cereals import price increased by +20.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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