Date Market Overview in Nigeria
The revenue of the date market in Nigeria rose notably to $ in 2019, growing 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). Overall, consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.