Nigeria: Fonio Market 2025

Fonio Market Size in Nigeria

The Nigerien fonio market rose remarkably to $X in 2022, growing by 5.2% against the previous year. Over the period under review, consumption, however, showed a strong increase. Fonio consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fonio Production in Nigeria

In value terms, fonio production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 105% against the previous year. Fonio production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average fonio yield in Nigeria reduced to X kg per ha, stabilizing at 2021. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by 5%. The fonio yield peaked at X kg per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of fonio were harvested in Nigeria; remaining constant against 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 3.2%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the fonio harvested area failed to regain momentum.

Fonio Exports

Exports from Nigeria

In 2022, fonio exports from Nigeria surged to X kg, increasing by 6,425% on the previous year. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 77,700% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fonio exports totaled $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 222,050% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X kg) was the main destination for fonio exports from Nigeria, with a approx. 100% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +6,425.0%.

In value terms, Canada ($X) also remains the key foreign market for fonio exports from Nigeria.

From 2019 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

The average fonio export price stood at $X per ton in 2022, reducing by -98.5% against the previous year. Overall, the export price recorded a significant decline. The growth pace was the most rapid in 2020 when the average export price increased by 186%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2019 to 2022, the rate of growth in terms of prices for Canada amounted to -98.5% per year.

Fonio Imports

Imports into Nigeria

In 2020, after two years of growth, there was significant decline in overseas purchases of fonio, when their volume decreased by -82.8% to X kg. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 281% against the previous year. As a result, imports reached the peak of X kg, and then declined sharply in the following year.

In value terms, fonio imports shrank rapidly to $X in 2020. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 319% against the previous year. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2020, Niger (X kg) was the main fonio supplier to Nigeria, accounting for a approx. 100% share of total imports.

From 2018 to 2020, the average annual growth rate of volume from Niger was relatively modest.

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

From 2018 to 2020, the average annual growth rate of value from Niger was relatively modest.

Import Prices by Country

The average fonio import price stood at $X per ton in 2020, declining by -2.1% against the previous year. Over the period from 2018 to 2020, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2019 an increase of 9.9%. As a result, import price reached the peak level of $X per ton, and then dropped modestly in the following year.

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

From 2018 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +9.8% per year.

Source: IndexBox Platform

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