Forecast: Apples Supply in Nigeria

The forecast for the apple supply in Nigeria shows a consistent upward trend from 2024 to 2028. In 2023, the actual supply stood at approximately 56.80 thousand metric tons. Year-on-year variations showcase the following increases: 2024 sees a 2.65% rise, 2025 a 2.74% rise, 2026 a 2.66% rise, 2027 a 2.57% rise, and 2028 a 2.46% rise. Analyzing the Compound Annual Growth Rate (CAGR) over this 5-year period indicates an average annual growth of approximately 2.62%.

Future trends to watch for in the apple supply in Nigeria include potential impacts of climate change on apple production, technological advances in agriculture, changes in consumer demand and preferences for apples, and possible shifts in import-export dynamics affecting local supply.

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