Report Update Nov 1, 2024

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

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Nigeria: Lentil Market 2024

Lentil Market Size in Nigeria

The Nigerien lentil market surged to $X in 2022, growing by 43% against the previous year. Overall, consumption showed a prominent expansion. Lentil consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Lentil Production in Nigeria

In value terms, lentil production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 when the production volume increased by 12%. Lentil production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average lentil yield in Nigeria stood at less than X kg per ha, approximately mirroring the previous year's figure. Overall, the yield showed a relatively flat trend pattern. 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 lentils production in Nigeria totaled less than X ha, stabilizing at the year before. Overall, the harvested area showed a relatively flat trend pattern.

Lentil Exports

Exports from Nigeria

In 2022, overseas shipments of lentils were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 with an increase of 318% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lentil exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 361% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for lentil exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +2.0%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to -11.8%.

Export Prices by Country

The average lentil export price stood at $X per ton in 2022, waning by -6.7% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -13.6% per year.

Lentil Imports

Imports into Nigeria

For the third year in a row, Nigeria recorded growth in overseas purchases of lentils, which increased by 92% to X tons in 2022. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2017 with an increase of 550%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, lentil imports skyrocketed to $X in 2022. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 574%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest lentil supplier to Nigeria, with a 79% share of total imports. Moreover, lentil imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold. The UK (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +67.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.1% per year) and the UK (+2.4% per year).

In value terms, China ($X) constituted the largest supplier of lentils to Nigeria, comprising 43% of total imports. The second position in the ranking was held by the UK ($X), with a 13% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +72.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+18.4% per year) and India (+29.4% per year).

Import Prices by Country

In 2022, the average lentil import price amounted to $X per ton, growing by 38% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lentils in the world?

The countries with the highest volumes of lentil consumption in 2021 were India, Canada and Bangladesh, together comprising 48% of global consumption. These countries were followed by Turkey, Nepal, Australia, the United Arab Emirates, China, Pakistan, the United States, Egypt, Sri Lanka and Syrian Arab Republic, which together accounted for a further 31%.

What are the largest producers of lentils in the world?

Canada constituted the country with the largest volume of lentil production, comprising approx. 43% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Australia, with a 9% share.

What are the leading suppliers of lentils to Nigeria?

In value terms, the largest lentil suppliers to Nigeria were the UK, the United Arab Emirates and India, with a combined 78% share of total imports. Lebanon, China, Italy and the United States lagged somewhat behind, together comprising a further 16%.

What are the leading importers of lentils from Nigeria?

In value terms, the UK remains the key foreign market for lentil exports from Nigeria.

What is the average export price for lentils in Nigeria?

In 2021, the average lentil export price amounted to $676 per ton, with an increase of 13% against the previous year.

What is the average import price for lentils in Nigeria?

The average lentil import price stood at $843 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the lentil 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 201 - Lentils, dry

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. 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 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023