Nigeria: Durum Wheat Market 2024

Durum Wheat Market Size in Nigeria

After two years of growth, the Nigerien durum wheat market decreased by -97% to $X in 2022. Over the period under review, consumption showed a noticeable decrease. Durum wheat consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Durum Wheat Production in Nigeria

In value terms, durum wheat production fell to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 145%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of durum wheat in Nigeria shrank to X tons per ha in 2022, approximately equating the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by 68%. Over the period under review, the average durum wheat yield reached the maximum level at X tons per ha in 2018; however, from 2019 to 2022, 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 2022, the total area harvested in terms of durum wheat production in Nigeria reduced remarkably to X ha, waning by -18.8% against 2021. In general, the harvested area showed a perceptible decrease. The growth pace was the most rapid in 2021 when the harvested area increased by 60% against the previous year. The durum wheat harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Nigeria

In 2022, the amount of durum wheat exported from Nigeria was estimated at X tons, remaining constant against the previous year. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, durum wheat exports totaled $X in 2022. In general, exports recorded a significant decrease. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Benin (X tons) was the main destination for durum wheat exports from Nigeria, accounting for a 80% share of total exports. Moreover, durum wheat exports to Benin exceeded the volume sent to the second major destination, South Africa (X tons), fourfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Benin was relatively modest.

From 2013 to 2022, the average annual growth rate of value to Benin was relatively modest.

Export Prices by Country

In 2022, the average durum wheat export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Benin totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+17.0%).

Durum Wheat Imports

Imports into Nigeria

In 2022, supplies from abroad of durum wheat decreased by -98.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 1,703% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, durum wheat imports shrank dramatically to $X in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 1,378%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

Ukraine (X tons), Lithuania (X tons) and Russia (X tons) were the main suppliers of durum wheat imports to Nigeria, together comprising 62% of total imports. Argentina, the United States, Germany, Australia, France, Canada and Poland lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +206.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest durum wheat suppliers to Nigeria were Ukraine ($X), Lithuania ($X) and Russia ($X), with a combined 62% share of total imports. Argentina, the United States, Germany, Canada, Australia, Poland and France lagged somewhat behind, together comprising a further 24%.

Germany, with a CAGR of +208.7%, saw the highest rates of growth with regard to the value of imports, in terms of 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 durum wheat import price stood at $X per ton in 2022, falling by -8.4% against the previous year. Overall, the import price, however, showed noticeable growth. The growth pace was the most rapid in 2018 when the average import price increased by 104% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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