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Nigeria - Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Vegetable Market Overview 2020

Vegetable Market Size in Nigeria

The revenue of the vegetable market in Nigeria amounted to $X in 2017, picking up by X% against the previous year. In general, vegetable consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. Over the period under review, the vegetable market attained its peak figure level in 2017, and is likely to see steady growth in the near future.

Vegetable Production in Nigeria

Vegetable production in Nigeria totaled X tonnes in 2017, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012, when the output figure increased by X% y-o-y. Nigeria vegetable production peaked in 2017, and is expected to retain its growth in the near future. Vegetable output in Nigeria indicated a pronounced growth, which was largely conditioned by a pronounced increase of the harvested area and a significant setback in yield figures.

Average yield of vegetables in Nigeria amounted to X tonne per ha in 2017, dropping by -X% against the previous year. Overall, vegetable yield continues to indicate a pronounced drop. The most prominent rate of growth was recorded in 2016, when yield increased by X% y-o-y. Over the period under review, the vegetable yield attained its maximum level of X tonne per ha in 2010; however, from 2011 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of vegetables were harvested in Nigeria; going up by X% against the previous year. Overall, vegetable harvested area continues to indicate a strong increase. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Nigeria vegetable harvested area peaked of X ha in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Vegetable Exports from Nigeria

In 2017, vegetable exports from Nigeria totaled X tonnes, coming down by -X% against the previous year. In general, vegetable exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. Nigeria exports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, vegetable exports stood at $X in 2017. Overall, vegetable exports continue to indicate a strong growth. Nigeria exports peaked in 2017, and are likely to see steady growth in the near future.

Vegetable Exports by Country from Nigeria

The exports of the four major exporters of vegetables, namely the Netherlands, China, Spain and Mexico, represented more than third of total export. France (X tonnes) took the second position in the ranking, followed by the U.S. (X tonnes) and Germany (X tonnes). All these countries together occupied approx. X% share of total exports. The following exporters - Egypt (X tonnes), India (X tonnes), Belgium (X tonnes), Canada (X tonnes) and Pakistan (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports. China, the U.S., France, Canada, Belgium, India, Germany, Egypt, Pakistan and Nigeria lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Nigeria (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Export Prices by Country in Nigeria

In 2017, the vegetable export price in Nigeria amounted to $X per kg, surging by X% against the previous year. Overall, vegetable export price continues to indicate a strong growth. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% y-o-y. In that year, the export prices for vegetables reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Vegetable Imports into Nigeria

Vegetable imports into Nigeria totaled X tonnes in 2017, rising by X% against the previous year. In general, vegetable imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. In that year, the vegetable imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, vegetable imports totaled $X in 2017. In general, vegetable imports continue to indicate a strong growth. Nigeria imports peaked in 2017, and are likely to see steady growth in the near future.

Vegetable Imports by Country into Nigeria

In 2017, the U.S. (X tonnes), followed by Germany (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), the UK (X tonnes) and France (X tonnes) were the largest importers of vegetables, together committing X% of total imports. Russia (X tonnes), Canada (X tonnes), Spain (X tonnes), Malaysia (X tonnes), Italy (X tonnes) and Saudi Arabia (X tonnes) occupied the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. France, Canada, the Netherlands, Russia, Belgium, Italy, Spain, Malaysia, Saudi Arabia and Nigeria lagged somewhat behind, together accounting for a further X%.

Nigeria (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in Nigeria

The vegetable import price in Nigeria stood at $X per tonne in 2017, waning by -X% against the previous year. In general, vegetable import price continues to indicate a moderate contraction. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the import prices for vegetables attained their peak level of $X per tonne. From 2013 to 2017, growth of the import prices for vegetables failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• FCL 366 - Artichokes
• FCL 367 - Asparagus
• FCL 414 - Beans, green
• FCL 358 - Cabbages
• FCL 426 - Carrot
• FCL 378 - Cassava leaves
• FCL 393 - Cauliflowers and broccoli
• FCL 401 - Chillies and peppers (green)
• FCL 397 - Cucumbers and gherkins
• FCL 399 - Eggplants
• FCL 406 - Garlic
• FCL 407 - Leeks and other alliaceous vegetables
• FCL 372 - Lettuce and chicory
• FCL 446 - Green Corn (Maize)
• FCL 449 - Mushrooms
• FCL 430 - Okra
• FCL 403 - Onions, dry
• FCL 402 - Onions, shallots (green)
• FCL 417 - Peas, green
• FCL 394 - Pumpkins, squash and gourds
• FCL 373 - Spinach
• FCL 423 - String Beans
• FCL 388 - Tomatoes, fresh
• FCL 463 - Vegetables, Fresh n.e.s.
• FCL 420 - Broad Beans, Green
• FCL 116 - Potatoes
• FCL 260 - Olives

This report provides an in-depth analysis of the vegetable market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Nigeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Nigeria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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