The cassava export volume in Nigeria for 2024 is forecasted at 10.29 thousand metric tons, showing a consistent increase through to 2028, where it is projected to reach 11.32 thousand metric tons. This upward trend can be observed from a series of steady year-on-year growth rates:
- 2024: 10.29
- 2025: 10.56 (2.62% increase from 2024)
- 2026: 10.82 (2.46% increase from 2025)
- 2027: 11.07 (2.31% increase from 2026)
- 2028: 11.32 (2.26% increase from 2027)
The compound annual growth rate (CAGR) for the forecasted period (2024-2028) is approximately 2.41%.
Future trends to watch for include advances in agricultural technology, government policies favoring agricultural exports, and shifts in global demand for cassava. These factors could further influence the forecasted growth trajectory.
