Nigeria: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Nigeria

The Nigerien rape and colza seed market rose to $X in 2022, picking up by 3.1% against the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.9% against 2020 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Rape Or Colza Seed in Nigeria

In value terms, rape and colza seed production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable setback. The pace of growth was the most pronounced in 2020 when the production volume increased by 19% against the previous year. Rape and colza seed production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average rape and colza seed yield in Nigeria totaled less than X kg per ha, leveling off at 2021 figures. In general, the yield continues to indicate 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, approx. less than X ha of rape or colza seed were harvested in Nigeria; remaining relatively unchanged against 2021. In general, the harvested area showed a relatively flat trend pattern.

Exports of Rape Or Colza Seed

Exports from Nigeria

After two years of growth, overseas shipments of rape or colza seed decreased by -0.4% to X kg in 2022. Overall, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 760%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, rape and colza seed exports expanded rapidly to $X in 2022. In general, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 9.7%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X kg) was the main destination for rape and colza seed exports from Nigeria, with a 43% share of total exports. Moreover, rape and colza seed exports to Ireland exceeded the volume sent to the second major destination, Belgium (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, growing by 7.2% against the previous year. Overall, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of 135%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-3.0%).

Imports of Rape Or Colza Seed

Imports into Nigeria

In 2019, the amount of rape or colza seed imported into Nigeria amounted to X kg, remaining constant against 2018. In general, imports faced a sharp decrease. The smallest decline of -19% was in 2017. Over the period under review, imports reached the maximum at X kg in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, rape and colza seed imports totaled $X in 2019. Over the period under review, imports continue to indicate a pronounced setback. The smallest decline of -2.3% was in 2016. Imports peaked at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Benin (X kg) was the main rape and colza seed supplier to Nigeria, accounting for a approx. 100% share of total imports.

From 2015 to 2019, the average annual growth rate of volume from Benin was relatively modest.

In value terms, Benin ($X) constituted the largest supplier of rape or colza seed to Nigeria.

From 2015 to 2019, the average annual rate of growth in terms of value from Benin was relatively modest.

Import Prices by Country

The average rape and colza seed import price stood at $X per ton in 2019, stabilizing at the previous year. Over the period under review, the import price saw a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. The import price peaked in 2019 and is expected to retain growth in years to come.

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

From 2015 to 2019, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Source: IndexBox Platform

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