Based on the provided data, Nigeria's sugar crops production is forecasted to remain relatively stable from 2024 to 2026 at 1.45 million metric tons. A slight increase is projected for 2027 and 2028, reaching 1.46 million metric tons. The year-on-year variation for 2026-2027 is approximately 0.69%, while the 2027-2028 increase remains steady at around 0.69% as well. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is minimal, indicating a very modest growth in production volume.
Future trends to watch for include technological advancements in agricultural practices, government policies aimed at boosting local sugar production, and fluctuations in global sugar market prices. Monitoring these factors will be crucial for predicting potential shifts in Nigeria's sugar production landscape.
