Nigeria: Poultry Market 2025

Poultry Market Size in Nigeria

The Nigerien poultry market shrank slightly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a slight shrinkage. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Poultry Production in Nigeria

In value terms, poultry production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of poultry in Nigeria amounted to X kg per head, flattening at 2021 figures. Overall, the yield showed a relatively flat trend pattern. The poultry yield peaked in 2022 and is expected to retain growth in years to come.

In 2022, number of animals slaughtered for poultry production in Nigeria stood at X heads, leveling off at the previous year's figure. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for poultry production peaked at X heads in 2018; however, from 2019 to 2022, producing animals failed to regain momentum.

Poultry Exports

Exports from Nigeria

Poultry exports from Nigeria declined to X tons in 2022, dropping by X% against the previous year's figure. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, poultry exports reduced to $X in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for poultry exports from Nigeria, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland amounted to X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland totaled X%.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to X% per year.

Poultry Imports

Imports into Nigeria

In 2022, the amount of poultry imported into Nigeria fell remarkably to X tons, reducing by X% on the previous year's figure. Over the period under review, imports saw a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, poultry imports fell sharply to $X in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of poultry to Nigeria, accounting for a X% share of total imports. Moreover, poultry imports from South Africa exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of poultry to Nigeria, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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