Key Market Indicators
Nigeria is projected to consume 1.6 million metric tons of onions by 2026, according to a recent forecast. This is up from 1.4 million metric tons in 2021, an average year-on-year growth of 1.9%. Demand for onions in Nigeria has been increasing since 2017, with an average growth rate of 2.7% each year. The country is also expected to produce 1.7 million metric tons of onions by 2026. That number is up from 1.5 million metric tons in 2021, with an average year-on-year growth of 1.8%. Supply has been increasing since 2017, with a yearly average growth of 2.6%.