Key Market Indicators
By 2026, Nigeria is expected to have a livestock production of 30.2 million heads - a 1.2 percent growth year-on-year. Since 1966, Nigerian supply has gone up by 1.7 percent each year. Meanwhile, 2021 saw a sharp decrease in imports of livestock to the country. Imports of livestock were valued at $57,200 in 2021, down a whopping 68.8 percent from $183,560 in 2020. This marks a 35.6 percent decline in imports since 2001.
