Wood Fuel Market Overview in Nigeria
In value terms, wood fuel production skyrocketed to $ in estimated in export prices. Overall, production recorded strong growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.
The value of the wood fuel market in Nigeria soared to $ in , rising 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 posted strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.