Analyzing the Whole Fresh Cow Milk Yield in Nigeria, the yield displayed minor fluctuations from 2013 to 2015, with a peak in 2014 (2.46 thousand hectograms per animal) and a low in 2015 (2.37 thousand hectograms per animal). For 2023, the yield was at 2.36 thousand hectograms per animal.
From 2016 onwards, the yield has shown a steady but slight decline, with an average annual decrease (CAGR) of -0.16% over the last five years. The past two years witnessed year-on-year variations of -0.13% and -0.17% respectively, indicating a consistent downward trend.
Forecasts from 2024 to 2028 project a continuation of this decline at an average annual rate of -0.13%, with an expected cumulative decline of 0.64% over the next five years.
Future trends to watch for:
- Technological advancements in dairy farming efficiency and productivity.
- Government policies and initiatives aimed at increasing milk production.
- Potential impacts of climate change on livestock and pasture availability.
- Changes in consumer demand and dairy market dynamics.
