Nigeria: Sugar Crop Market 2025

Sugar Crop Market Size in Nigeria

The Nigerien sugar crop market dropped to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sugar crop consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sugar Crop Production in Nigeria

In value terms, sugar crop production dropped to $X in 2022 estimated in export price. In general, production saw a prominent increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of sugar crops in Nigeria totaled X tons per ha in 2022, therefore, remained relatively stable against 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the average sugar crop yield attained the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar crops were harvested in Nigeria; approximately reflecting the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to sugar crop production reached the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Sugar Crop Exports

Exports from Nigeria

After two years of decline, shipments abroad of sugar crops decreased by X% to X kg in 2018. In general, exports recorded a precipitous descent. The smallest decline of X% was in 2016. The exports peaked at X tons in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

In value terms, sugar crop exports amounted to $X in 2018. Over the period under review, exports faced a significant contraction. The smallest decline of X% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

Exports by Country

Niger (X kg) was the main destination for sugar crop exports from Nigeria, accounting for a approx. X% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to Niger was relatively modest.

From 2013 to 2018, the average annual rate of growth in terms of value to Niger was relatively modest.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2018, approximately reflecting the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2016 a decrease of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2018, 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 Niger.

From 2013 to 2018, the rate of growth in terms of prices for Ghana amounted to X% per year.

Sugar Crop Imports

Imports into Nigeria

In 2022, purchases abroad of sugar crops decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sugar crop imports contracted significantly to $X in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Algeria (X tons) was the main sugar crop supplier to Nigeria, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Algeria totaled X%.

In value terms, Algeria ($X) constituted the largest supplier of sugar crops to Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value from Algeria stood at X%.

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :