The import volume of fresh grapes to Nigeria stood at 1,994.2 thousand kilograms in 2023. Analyzing the data from previous years, we observe significant fluctuations in the early periods, with notable increases and decreases between 2013 and 2016. From 2018 onwards, a steadier growth pattern is evident, reflected in a 4.77% year-on-year increase in 2023, and a CAGR of 3.43% over the last five years. Future projections indicate continued growth, with a forecasted volume of 2,423.0 thousand kilograms by 2028, and a five-year CAGR of 3.08% suggesting moderate but consistent growth.
Future trends to watch for:
- Impact of economic policies on import capacity.
- Changes in consumer preferences towards fresh produce.
- Potential disruptions in supply chains and their effect on import stability.
- Monitoring local production developments which might alter import demand.
