Nigeria Agribusiness Report Q3 2016

Date: June 15, 2016
Pages: 73
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: NA837251789EN

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: Our view on the Nigerian agribusiness sector is mixed. The cocoa industry assumes a greater importance in the country's medium-term economic future now that oil revenues can no longer be relied upon as an easy source of foreign exchange. We remain cautiously optimistic that cocoa plantations and processing facilities will continue to receive the public and private sector support needed to move forward. Poultry, dairy, sugar, rice and wheat consumption are expected to continue to depend very largely on imports to meet demand, although a much greater percentage of demand for each of these commodities (apart from wheat) could potentially be met by local production. Poor infrastructure, lack of access to inputs and basic technology, fragmentation and a lack of access to finance and expertise are among the factors that lead us to take a pessimistic view of the medium-term prospects for self-sufficiency.

Key BMI Forecasts
  • Cocoa production growth to 2019/20: 44.5% to 289,100 tonnes. Global prices will remain sufficiently elevated to stimulate investment from government and private sector bodies.
  • Corn consumption growth to 2020: 17.6% to 8.8mn tonnes. Recovering demand from the livestock industry will support consumption growth.
  • 2016 real GDP growth: 3.6% (up from 3.3% in 2015).
  • 2016 consumer price inflation (ave): 9.3% (down from 9.1% in 2015).
BMI Industry View
Industry Forecast
Cocoa Outlook
  Table: Nigeria - Cocoa Production & Consumption Outlook
  Table: Risks To Outlook
  Table: Cocoa Production & Consumption (Nigeria 2012-2020)
Rice Outlook
  Table: Nigeria - Rice Production & Consumption Outlook
  Table: Risks To Outlook
  Table: Rice Production & Consumption (Nigeria 2012-2020)
Livestock And Dairy Outlook
  Table: Nigeria - Poultry Production & Consumption Outlook
  Table: Nigeria - Pork Production & Consumption Outlook
  Table: Nigeria - Milk Production & Consumption Outlook
  Table: Risks To Outlook
  Table: Poultry Production & Consumption (Nigeria 2012-2020)
  Table: Pork Production & Consumption (Nigeria 2012-2020)
  Table: Milk Production & Consumption (Nigeria 2012-2020)
Grains Outlook
  Table: Nigeria - Wheat Production & Consumption Outlook
  Table: Nigeria - Corn Production & Consumption Outlook
  Table: Risks To Outlook
  Table: Wheat Production & Consumption (Nigeria 2012-2020)
  Table: Corn Production & Consumption (Nigeria 2012-2020)
Sugar Outlook
  Table: Nigeria - Sugar Production & Consumption Outlook
  Table: Risks To Outlook
  Table: Sugar Production & Consumption (Nigeria 2012-2020)
Commodities Price Analysis
Global Commodities Strategy
Upstream Analysis
Africa Fertiliser Outlook
Africa Machinery Outlook
  Table: How Africa Compares With Other Regions
Africa GM Outlook
Downstream Analysis
Latest Updates
Structural Trends
  Table: Food Sales (Nigeria 2013-2020)
Regional Overview
Middle East & Africa Regional Overview
Competitive Landscape
  Table: Main Agribusiness Players
Demographic Forecast
Demographic Outlook
  Table: Population Headline Indicators (Nigeria 1990-2025)
  Table: Key Population Ratios (Nigeria 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Nigeria 1990-2025)
  Table: Population By Age Group (Nigeria 1990-2025)
  Table: Population By Age Group % (Nigeria 1990-2025)
Industry Forecast Methodology
Sector-Specific Methodology
Skip to top

Ask Your Question

Nigeria Agribusiness Report Q3 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: