Nigeria: Vegetable Product Market 2025

Vegetable Product Market Size in Nigeria

The Nigerien vegetable product market reduced modestly to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Vegetable Product Production in Nigeria

In value terms, vegetable product production dropped to $X in 2022 estimated in export price. In general, production, however, showed a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. Vegetable product production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of vegetable products in Nigeria amounted to X tons per ha in 2022, flattening at the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 2.9%. Over the period under review, the average vegetable product yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vegetable products production in Nigeria contracted to X ha, approximately reflecting 2021 figures. The harvested area increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 15%. The vegetable product harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Vegetable Product Exports

Exports from Nigeria

In 2022, overseas shipments of vegetable products decreased by -13.2% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, vegetable product exports soared to $X in 2022. Overall, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 104%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main destinations of vegetable product exports from Nigeria, together comprising 74% of total exports. Turkey, Ukraine and Niger lagged somewhat behind, together accounting for a further 2.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +205.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Poland ($X) were the largest markets for vegetable product exported from Nigeria worldwide, with a combined 64% share of total exports. Ukraine, Turkey and Niger lagged somewhat behind, together accounting for a further 2.9%.

In terms of the main countries of destination, Turkey, with a CAGR of +193.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vegetable product export price stood at $X per ton in 2022, growing by 63% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 Poland ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Product Imports

Imports into Nigeria

Vegetable product imports into Nigeria skyrocketed to X tons in 2022, with an increase of 71% against 2021 figures. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2013 with an increase of 177% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, vegetable product imports surged to $X in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 287%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Niger (X tons) was the main vegetable product supplier to Nigeria, accounting for a 97% share of total imports. It was followed by Algeria (X tons), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Niger totaled +28.6%.

In value terms, Niger ($X) constituted the largest supplier of vegetable products to Nigeria, comprising 97% of total imports. The second position in the ranking was held by Algeria ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Niger totaled +24.0%.

Import Prices by Country

The average vegetable product import price stood at $X per ton in 2022, declining by -25.7% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 117%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Niger ($X per ton), while the price for Algeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (-3.6%).

Source: IndexBox Platform

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