Between 2014 and 2023, Nigeria's rice production showed a generally positive trend despite some fluctuations. The production increased from 6.0 million metric tons in 2014 to 7.49 million metric tons in 2023, reflecting a CAGR of 1.92%. The most notable yearly increase was in 2016, with a 20.91% rise, while 2018 experienced a significant decline of 13%. Recent years have shown relatively stable growth, with a 0.98% year-on-year increase in 2023.

Future trends to watch for:

Continued modest growth in production, with a forecast CAGR of 0.78% over the next five years, reaching approximately 7.87 million metric tons by 2028.
Potential impacts of climate change and economic policies on agricultural productivity.
Technological advancements and government initiatives to boost rice production efficiency.