The data on sorghum processing in Nigeria indicates a slow but steady growth over the years, moving from 171 thousand metric tons in 2014 to 178 thousand metric tons in 2023. In 2023, the year-on-year variation stood at 0.56%, reflecting a gradual increase, while the Compound Annual Growth Rate (CAGR) over the last five years was 0.34%. The forecast suggests a continuation of this incremental growth, with volumes expected to reach 179 thousand metric tons by 2028, although the forecasted 5-year CAGR is somewhat modest at 0.11%.
Future trends to watch for include the impact of technological advancements in sorghum processing, shifts in domestic and international demand, and potential policy changes aimed at boosting agricultural productivity. Monitoring these factors will be essential for anticipating further changes in production volumes.
