Forecast: Cassava Production in Nigeria

The cassava production in Nigeria for 2023 stood at an actual value of 63.1 million metric tons. From 2024 to 2028, forecasted data indicates a consistent increase in production value: 63.889 million metric tons in 2024, 64.955 million metric tons in 2025, 65.999 million metric tons in 2026, 67.023 million metric tons in 2027, and 68.026 million metric tons in 2028.

Year-on-year variations from 2024 to 2028 show a steady growth in cassava production:

  • 2024: +1.25%
  • 2025: +1.67%
  • 2026: +1.61%
  • 2027: +1.55%
  • 2028: +1.49%

The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is 1.51%, indicating a moderate and stable rise in production over the five-year period.

Future trends to watch include technological advancements in farming practices, government policies supporting agricultural sustainability, and potential impacts of climate change on crop yields. These factors could significantly influence the cassava production trajectory in Nigeria.

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