Key Market Indicators
Nigeria's wheat consumption is projected to reach 5.2 million metric tons by 2026, a slight 0.6% increase from the 5.1 million metric tons in 2021. Since 2017, the demand for wheat has jumped by 0.3% year on year. In terms of supply, Nigeria's wheat production is set to drop to 48.7 million metric tons by 2026, a decrease of 2.5% year on year on average. Since 1966, the supply of wheat in Nigeria has decreased by 1.2% annually.
