Nigeria: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Nigeria

The Nigerien unmanufactured tobacco market soared to $X in 2022, rising by X% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2022: its value 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Unmanufactured Tobacco Production in Nigeria

In value terms, unmanufactured tobacco production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Unmanufactured tobacco production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of tobacco (unmanufactured) in Nigeria fell modestly to X kg per ha in 2022, approximately equating the year before. Overall, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The unmanufactured tobacco yield peaked at X kg per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat 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 harvested area of tobacco (unmanufactured) in Nigeria dropped modestly to X ha, remaining stable against 2021 figures. Over the period under review, the harvested area recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to unmanufactured tobacco production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports from Nigeria

In 2022, approx. X tons of tobacco (unmanufactured) were exported from Nigeria; standing approx. at the year before. Overall, exports saw a abrupt decrease. The smallest decline of X% was in 2020. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco exports totaled $X in 2022. Over the period under review, exports recorded a significant contraction. The smallest decline of X% was in 2020. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for unmanufactured tobacco exports from Nigeria, with a X% share of total exports. It was followed by Benin (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Niger stood at X%.

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

Export Prices by Country

The average unmanufactured tobacco export price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Niger stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (X%), while the prices for the other major destinations experienced a decline.

Unmanufactured Tobacco Imports

Imports into Nigeria

Unmanufactured tobacco imports into Nigeria soared to X tons in 2022, picking up by X% on the previous year. In general, imports saw measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, unmanufactured tobacco imports soared to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), India (X tons) and Germany (X tons) were the main suppliers of unmanufactured tobacco imports to Nigeria, together comprising X% of total imports. South Africa, the United States, Zimbabwe and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unmanufactured tobacco suppliers to Nigeria were India ($X), Brazil ($X) and Germany ($X), with a combined X% share of total imports. South Africa, the United States, Zimbabwe and China lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average unmanufactured tobacco import price amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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