Key Market Indicators
Nigeria's sugarcane consumption is expected to drop to 73,000 metric tons by 2026, down from 81,000 metric tons in 2021. This is a 1.8% year-on-year average decrease. Since 2017, demand for sugarcane has grown by 1.7% per year. Meanwhile, Nigeria's sugarcane production is set to reach 1.6 million metric tons by 2026, up from 1.5 million metric tons in 2021. This is a 1.3% year-on-year average increase. Since 1966, supply of sugarcane in Nigeria has increased by 0.4% per year.
