Based on the provided data, the forecasted wheat production in Nigeria from 2024 to 2028 is as follows:
- 2024: 51.73 Thousand Metric Tons
- 2025: 50.09 Thousand Metric Tons
- 2026: 48.48 Thousand Metric Tons
- 2027: 46.9 Thousand Metric Tons
- 2028: 45.36 Thousand Metric Tons
Year-on-year variation:
- 2025 vs 2024: -3.2%
- 2026 vs 2025: -3.2%
- 2027 vs 2026: -3.3%
- 2028 vs 2027: -3.3%
Last 5-year CAGR: -3.3%
Wheat production in Nigeria is expected to decline by an average of 3.3% per year over the next five years. Factors influencing this trend include changes in agricultural practices, climate conditions, and policy interventions. Attention should be paid to improvements in yield technology, climate resilience, and changes in consumer demand, which could alter future projections.
