Nigeria: Pistachio Market 2025

Pistachio Market Size in Nigeria

In 2022, the Nigerien pistachio market decreased by -9.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate noticeable growth. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Pistachio Production in Nigeria

In value terms, pistachio production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 57% against the previous year. Pistachio production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of pistachios in Nigeria totaled less than X kg per ha in 2022, stabilizing at 2021. Overall, the yield recorded 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.

The pistachio harvested area in Nigeria was estimated at less than X ha in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Pistachio Exports

Exports from Nigeria

In 2022, pistachio exports from Nigeria dropped remarkably to X kg, waning by -51.7% on 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 520%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, pistachio exports fell rapidly to $X in 2022. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by 435%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X kg) was the main destination for pistachio exports from Nigeria, with a 83% share of total exports. Moreover, pistachio exports to Austria exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2014 to 2022, the average annual growth rate of volume to Austria amounted to -48.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.4% per year) and South Africa (-63.6% per year).

In value terms, Austria ($X) remains the key foreign market for pistachios exports from Nigeria, comprising 99% of total exports. The second position in the ranking was taken by France ($X), with a 0.5% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of value to Austria stood at -65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-31.5% per year) and South Africa (-66.2% per year).

Export Prices by Country

In 2022, the average pistachio export price amounted to $X per ton, waning by -12.9% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 700%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+5.1%), while the prices for the other major destinations experienced a decline.

Pistachio Imports

Imports into Nigeria

In 2022, supplies from abroad of pistachios decreased by -75% to X kg, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 303% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, pistachio imports reduced sharply to $X in 2022. Overall, imports faced a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 244%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X kg) constituted the largest supplier of pistachio to Nigeria, with a 69% share of total imports. Moreover, pistachio imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. Lebanon (X kg) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +61.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-32.8% per year) and Lebanon (-31.7% per year).

In value terms, Turkey ($X), India ($X) and Lebanon ($X) constituted the largest pistachio suppliers to Nigeria, together accounting for 83% of total imports.

Turkey, with a CAGR of +45.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average pistachio import price amounted to $X per ton, rising by 20% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 92% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+52.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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