Orange Market Overview in Nigeria
In value terms, orange production rose slightly to $ in 2019 estimated in export prices. Overall, production, however, faced a precipitous descent. The pace of growth was the most pronounced in 2014 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2009; however, from 2010 to 2019, production remained at a lower figure.
The average yield of oranges in Nigeria amounted to kg per ha in 2019, stabilizing at the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the harvested area of oranges in Nigeria amounted to ha, almost unchanged from the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.
The value of the orange market in Nigeria skyrocketed 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). In general, consumption saw a significant increase. The pace of growth was the most pronounced in 2015 when the market value increased by % against the previous year. Orange consumption peaked in 2019 and is likely to see gradual growth in the near future.