The Wheat Market Size Volume Per Capita in Nigeria for the coming years is predicted to experience a slight yet steady decline. In 2023, the actual consumption stood at 25.36 kilograms per capita. The projected series indicates a gradual reduction from 25.34 kg in 2024 to 25.27 kg in 2028. Year-on-year variations are marginal, with the percentage decreases from 2024 to 2025 standing at -0.08%, and from 2025 to 2026 at -0.08% as well. The average Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is -0.06% per annum.
Future trends to watch for in the Nigerian wheat market include potential shifts in dietary patterns, changes in wheat import policies, and fluctuations in global wheat prices that might affect domestic consumption levels. Additionally, advancements in agricultural techniques and climate change could influence wheat production and, consequently, market trends.
