Report Update May 1, 2025

Nigeria - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Brown Rice Market 2020

Brown Rice Exports

Exports from Nigeria

Brown rice exports from Nigeria stood at X tons in 2018, surging by X% against the previous year. In general, brown rice exports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, brown rice exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, brown rice exports totaled $X in 2018. Overall, brown rice exports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, brown rice exports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and Canada (X kg) were the main destinations of brown rice exports from Nigeria, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brown rice exported from Nigeria were France ($X), the UK ($X) and Canada ($X), with a combined X% share of total exports.

Among the main countries of destination, Canada recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average brown rice export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the brown rice export price continues to indicate a prominent increase. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for husked (brown) rice attained their peak figure in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was France ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Brown Rice Imports

Imports into Nigeria

In 2018, approx. X kg of husked (brown) rice were imported into Nigeria; dropping by -X% against the previous year. Overall, brown rice imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at X tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, brown rice imports amounted to $X in 2018. Overall, brown rice imports continue to indicate a sharp reduction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. In that year, brown rice imports reached their peak of $X. From 2011 to 2018, the growth of brown rice imports failed to regain its momentum.

Imports by Country

In 2018, India (X kg) constituted the largest brown rice supplier to Nigeria, accounting for a X% share of total imports. Moreover, brown rice imports from India exceeded the figures recorded by the second-largest supplier, Brazil (X kg), eightfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from India amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Vietnam (-X% per year).

In value terms, India ($X) constituted the largest supplier of brown rice to Nigeria, comprising X% of total brown rice imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from India stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Vietnam (-X% per year).

Import Prices by Country

In 2018, the average brown rice import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, brown rice import price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for husked (brown) rice attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the brown rice 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:

Prodcom 10611100 - Husked (brown) rice

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 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 Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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

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

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024