The import of peel of citrus fruit or melons to Nigeria exhibited a fluctuating trend from 2013 to 2023, standing at 15.22 thousand kilograms in 2023. The market observed significant variations, including a notable increase of 78.57% in 2013 followed by a 11.96% decline in 2014. Over the last two years, imports grew by 3.7% in 2022 and 3.5% in 2023. The 5-year CAGR in 2023 was 3.95%, indicating moderate annual growth since 2018.
Future trends show a steady increase in imports, with the volume forecasted to reach 17.9 thousand kilograms by 2028. The forecasted 5-year CAGR is 2.55%, translating to a 13.44% total growth over this period.
Future trends to watch for:
• Inflation trends affecting import costs.
• Changes in domestic production impacting import dependency.
• Potential trade policies or tariffs influencing import volumes.
