Nigeria: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Nigeria

In 2020, the Nigerien roots and tubers, nes market decreased by -X% to $X, falling for the fourth consecutive year after four years of growth. Over the period under review, consumption showed a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2017 to 2020, the growth of the market remained at a lower figure.

Production of Roots and Tubers, nes in Nigeria

In value terms, roots and tubers, nes production contracted sharply to $X in 2020 estimated in export prices. In general, production posted a pronounced increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2017 to 2020, production growth remained at a lower figure.

In 2020, the average roots and tubers, nes yield in Nigeria shrank modestly to X tons per ha, approximately mirroring the previous year. In general, the yield showed a mild decline. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. from 2011 to 2020, the growth of the average roots and tubers, nes yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of roots and tubers, nes were harvested in Nigeria; surging by X% on the year before. In general, the harvested area posted a temperate expansion. The most prominent rate of growth was recorded in 2011 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to roots and tubers, nes production reached the maximum at X ha in 2017; however, from 2018 to 2020, the harvested area remained at a lower figure.

Exports of Roots and Tubers, nes

Exports from Nigeria

In 2020, overseas shipments of roots and tubers, nes increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports saw strong growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, roots and tubers, nes exports surged to $X in 2020. Over the period under review, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

The U.S. (X tons) was the main destination for roots and tubers, nes exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at +X%.

In value terms, the U.S. ($X) also remains the key foreign market for roots and tubers, nes exports from Nigeria.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

In 2020, the average roots and tubers, nes export price amounted to $X per ton, falling by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2017 to 2020, the growth in terms of the average 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 U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Roots and Tubers, nes

Imports into Nigeria

In 2020, the amount of roots and tubers, nes imported into Nigeria fell markedly to X tons, with a decrease of -X% on the previous year. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, roots and tubers, nes imports declined markedly to $X in 2020. Overall, imports showed a deep setback. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, the Netherlands (X tons) was the main roots and tubers, nes supplier to Nigeria, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of roots and tubers, nes to Nigeria.

From 2007 to 2020, the average annual growth rate of value from the Netherlands amounted to +X%.

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox Platform

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