Chicken Meat Market Overview in Nigeria

In 2019, the Nigerien chicken meat market increased by % to $, rising for the second consecutive year after three years of decline. In general, consumption, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the market value increased by % against the previous year. Chicken meat consumption peaked at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

In value terms, chicken meat production amounted to $ in 2019 estimated in export prices. In general, production showed a abrupt downturn. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. Chicken meat production peaked at $ in 2008; however, from 2009 to 2019, production remained at a lower figure.

The average yield of chicken meat in Nigeria amounted to kg per heads in 2019, remaining constant against the year before. Overall, the yield continues to indicate a relatively flat trend pattern. Over the period under review, the average chicken meat yield attained the peak level at kg per heads in 2007; afterwards, it flattened through to 2019.

In 2019, number of animals slaughtered for chicken meat production in Nigeria reduced modestly to heads, with a decrease of -% compared with the previous year. Over the period under review, the number of producing animals continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. The number of animals slaughtered for chicken meat production peaked at heads in 2009; however, from 2010 to 2019, producing animals stood at a somewhat lower figure.

In 2019, approx. tonnes of chicken meat were consumed in Nigeria; picking up by % compared with the previous year. Over the period under review, consumption, however, saw a slight decrease. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, consumption attained the maximum volume at tonnes in 2009; however, from 2010 to 2019, consumption remained at a lower figure.

The value of the chicken meat market in Nigeria reached $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Depressed by shrinking demand for chicken meat in Nigeria, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .

Over the period under review, imports of chicken meat in Nigeria were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for chicken meat.

Nigeria remains a net importer of chicken meat; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.