Forecast: Vegetables Demand in Nigeria

The vegetable demand in Nigeria is projected to see gradual increases from the value of 16.53 million metric tons in 2024 to 16.63 million metric tons by 2028. Considering the 2023 actual value stood at 16.50 million metric tons, this forecasted growth indicates consistent but modest year-on-year variations ranging from approximately 0.18% to 0.24%. Over the last two years (2022-2023), there was a marginal increase of about 0.18%, whereas the compound annual growth rate (CAGR) over the next five years is forecasted to be around 0.18% as well.

Future trends to watch for include potential impacts from climate change, advancements in agricultural technology, government policies on food security, and shifts in consumer preferences toward healthier eating habits, which could further influence the demand for vegetables.

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