Nigeria Agriculture Market Trends, Statistics, Growth, and Forecasts. It enjoys a 6.75% market share of a global market that is worth $9.2 billion. The Trading Economics Application Programming Interface (API) provides direct access to our data. The agriculture sector employs about 70 percent of the workforce, while accounting for slightly more than 40 percent of gross domestic product. Agriculture Nigeria is a branch of the economy in Nigeria and Nigeria has huge agricultural potential. Household Expenditure by State in Nigeria, 2012, Energy Data, Ports of Nigeria, Education Sector, Health Sector, Governance: Summary of Legislative Activities, Governance: Number of Seats Held in The National Assembly, Terminals Data, Dead and Exportable Crude, Equity Accessed February 01, 2021. https://www.statista.com/statistics/1193510/agricultural-sector-growth-in-nigeria/, NBS (Nigeria). Agriculture in Nigeria has the highest growth percentage of 27% while other sectors have only grown by 1.4% - 18%. New, Figures and insights about the advertising and media world, Industry Outlook Microdata Library, providing data on people living in developing countries, their institutions, their environment, their communities and the operation of their economies. The domestic fish production from Aquaculture, Artisanal and Industrial fisheries for 2014 is 1.123m Mt. The Livelihood Improvement Family Enterprise (LIFE) is a programme of the Federal Ministry of Agriculture and Rural Development Nigeria designed in response to . "Agricultural sector growth in Nigeria from the 1st quarter of 2019 to the 3rd quarter of 2020." In fact, Agriculture, forestry and fishing has an impressive incremental growth together of 46.71% as at the end of the Q3 in 2017. Business opportunities in agriculture sector in Nigeria are in: Statistics on : Agriculture - Niger. Access new updated reports and statistics for the Agriculture Industry in Nigeria. Direct access to our calendar releases and historical data. In the third quarter of 2020, Nigeria's agricultural sector grew by 1.4 percent in real terms compared to the same period of the previous year. (November 15, 2020). Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Available statistics show that Nigeria is one of the least mechanised farming countries in the world with the country’s tractor density put at 0.27 hp/ hectare which is far below the Food and Agriculture Organisation (FAO)’s 1.5hp/hectare recommended tractor density for Africa and other developing countries. Importance of Agriculture in Nigeria Economic Development. Cashew nuts, in Shell: Cashew nuts are Nigeria’s 4th biggest agricultural export product. Get the latest trends and understand the impact of the crisis on the market. Agriculture in Nigeria could use a little push at strategic points if success is to be achieved, there is a need for the education of farmers, most farmer in Nigeria who engage in subsistence agriculture have very little knowledge of the operational method of the improved agricultural system. Please do not hesitate to contact me. Agriculture in Nigeria contributes 5% of the economic goods exported out of Nigeria, while the other 95% of exports is made up of petroleum and petroleum products.In Nigeria, the government institution responsible for Agriculture in Nigeria, its development and transformation is the Federal Ministry of Agriculture and Rural Development (FMARD). Agricultural holdings are generally small and scattered; farming is often of the subsistence variety, characterized by simple tools and shifting cultivation. E … and over 1 Mio. GDP From Agriculture in Nigeria averaged 3936292.09 NGN Million from 2010 until 2020, reaching an all time high of 5484063.93 NGN Million in the third quarter of 2020 and a record low of 2594759.86 NGN … Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. Some of the policies are highlighted below • Attainment of complete self-sufficiency in all basic food products placing emphasis on those foods that takes up a good chunk of Nigerians foreign exchange, like rice. And we can say that all this has backed up and pushed up the economy GDP and also enlarge the size of the domestic market for the manufacturing sector. Agriculture has undoubtedly become the most important sub-sector in the Nigerian economy, next to petroleum. Agricultural Products in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). Projects ... By National Bureau of Statistics (NBS) Submitted on: 03 Dec, 2019. Cocoa production, mostly from obsolete varieties and overage trees has increased from around 180,000 tons annually to 350,000 tons. In … November 15, 2020. Household Expenditure by State in Nigeria, 2012, Energy Data, Ports of Nigeria, Education Sector, Health Sector, Governance: Summary of Legislative Activities, Governance: Number of Seats Held in The National Assembly, Terminals Data, Dead and Exportable Crude, Equity Nigeria. View Academics in Statistics on Agriculture in Nigeria on Academia.edu. page 1 You only have access to basic statistics. page 1 A General Household Survey of the World Bank, shows that the agriculture sector is the largest employer of labour and income-generating activity in Nigeria. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Please create an employee account to be able to mark statistics as favorites. Today Nigeria cannot produce enough food and agric products to feed itself, thereby spending billions of dollars and trillions of naira in food imports to make up for the deficit in food production back home. New, Everything you need to know about the industry development, Find studies from all around the internet. Find comprehensive library of public information on Agriculture with relevant datasets, predefined dashboards and the gallery of ready-to-use visualizations. Nigeria: Agricultural Biotechnology Annual January 7, 2021 Since the commercial release of Bt Cowpea in January 2019, Nigeria biotech regulatory authorities are … Microdata. Because it multiplies results through its connection to other sub-sectors, the sector is a major driver of rural growth. NBS (Nigeria). In, NBS (Nigeria). Over the past 20 years, value-added per capita in agriculture has risen by less than 1 percent annually. The GDP value of Nigeria represents 0.37 percent of the world economy. We carry out a wide range of projects to support agriculture and the rural communities in Nigeria. Unfortunately, more than 50 years after independence and the discovery of oil in Nigeria, agriculture has been relegated to the background, statistics turned and the lands deserted. Production trends, Consumption trends, and Trade Analysis will be … Food insecurity increases by the day in Nigeria, which may even lead to total collapse of the agricultural sector. The report covers Agriculture Market In Nigeria, Agriculture Industry In Nigeria, Nigeria Agriculture Livestock Market, Nigeria Agriculture Sugar Market. It is estimated that Nigeria has lost USD 10 billion in annual export opportunity from groundnut, palm oil, cocoa and cotton alone due to continuous decline in … Agricultural production, consumption, supply, and distribution statistics for Nigeria. Nigeria Agriculture Reports: Our 2021 Nigeria report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Agriculture market. As of the third quarter of 2020, Sesame seeds were Nigeria's major traded agricultural product, valued at approximately 16 billion Nigerian Naira. Agric Data. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. This country is : Niger. Profit from additional features by authenticating your Admin account. Data Source - PSD Notes: Financial Year 2016/17, 2017/18, 2018/19 have been considered as 2017, 2018, 2019 respectively. Agricultural production, consumption, supply, and distribution statistics for Nigeria. This is among the reason for this post on “The Importance Of Agriculture In Nigeria Economic Development”. These small farms produce about 80% of the total food. Nigeria Agriculture Reports: Our 2021 Nigeria report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Agriculture market. Restoring and promoting sustainable agriculture based livelihoods for food security, employment, and nutrition improvement in Borno State: 2018: 2021: 13,867,621$ GCP /NIR/002/GFF : Promoting Integrated Landscape Management & Sustainable Food Systems in the Niger Delta Region in Nigeria (PPG) 2020: 2021: 150,000$ Nigeria is a country that is highly endowed with material and human resources. And apart from crop farming and production in Nigeria, agriculture in Nigeria also entails, animal rearing and husbandry, production and selling of farm chemicals and fertilizers. Statista. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Agriculture includes crop production, livestock, forestry and fishing, Number of dairy cows in the Netherlands 2000-2019, Number of greenhouse horticulture farms in the Netherlands 2007-2019, Number of agriculture companies in the Netherlands 2019, by company type, Number of sheep in the Netherlands 2000-2019. Nigeria - Agriculture Market Information System - USDA-PSD Statistics - … In recognition of the Federal Government’s efforts at moving Agriculture to the next level, the Bank’s determination of being an overall contributor to the … km of land area: … CountrySTAT is a collection of software tools, methods, and standards to facilitate the acquisition, management, and analysis of large, diversified and distributed sets of data.It supports multiple-sourced data integration and harmonization according to international standards and contributes to improving data quality and reliability. NIGERIA AGRICULTURE PORTER FIVE FORCES ANALYSIS. The agenda particularly focuses on … Even when the country experienced a recession, the small agricultural businesses managed to keep their momentum going no … Nigeria Trade Statistics including exports and imports by partner and products, tariffs and relevant development indicators. 10 Problems of Agriculture in Nigeria 1150 The Gross Domestic Product (GDP) in Nigeria was worth 448.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Nigeria’s ginger production is put at 31 million metric tons while demand is put at 65 million MT, leaving a supply-demand gap of 34 million MT, according to data from the Ministry of Agriculture. Nigeria - Agriculture Nigeria - Agriculture This is a best prospect industry sector for this country. The NAGPER was undertaken to achieve four main objectives: (i) establish a robust data base on public expenditure in the agricultural sector; (ii) diagnose the level and composition of agricultural spending in the recent past; (iii) understand the budget processes … NIGERIA ECONOMY NEWS AND ANALYSIS DIGEST *Please note that Agriculture in Nigeria: Business Report 2021 is a half ready publication. • Increase in quantity of agricultural-related raw materials produced to make them adequate for the industrial sector and remove the need for importation of such raw materials. Many Nigerians want to know what really is the poverty level in the country as the numerous natural and human resources in the country have not been able to solve the problem of poverty in the country. Download historical data for 20 million indicators using your browser. Chart. In terms of employment, agriculture is by far the most important sector of Nigeria's economy, engaging about 70% of the labor force. The Nigerian labor force, like that of many countries in Africa, is heavily concentrated in agriculture. Before the decade of the 1960s, the dominant role of agriculture in Nigeria’s economy was taken for granted. According to World Bank reports, the agricultural sector in Nigeria … GDP From Agriculture in Nigeria increased to 5484063.93 NGN Million in the third quarter of 2020 from 3918668.40 NGN Million in the second quarter of 2020. Employment in agriculture, female (% of female employment) (modeled ILO estimate) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. One of these material resources includes a vast array of land that is arable. In 1990, about 81 million of Nigeria’s total of 91 million land hectares were declared suitable for growing crops. The agriculture sector employs about 70 percent of the workforce, while accounting for slightly more than 40 percent of gross domestic product. Even when the country experienced a recession, the small agricultural businesses managed to keep their momentum going no matter what happened to other sectors of the economy. 2010-2020 Data | 2021-2023 Forecast | Historical. Abstract This report summarizes the findings of the Nigeria Agriculture Public Expenditure Review (NAGPER). Since 2011, the Nigerian government has been working to transform the Nigerian agriculture sectors, which have shown a declining trend since the oil boom of the 1970s. Chief among the export destinations for Nigerian agricultural exports are Britain, the United States, Canada, France, and Germany. The Netherlands is a major destination for Nigeria’s cocoa bean exports, taking 42.2% of their annual total, with Germany (36.4%) being the second largest importer of this delicious commodity. In real terms, the agricultural sector grew by 1.58% (year-on-year) in the second … Around the 1970s, agriculture in Nigeria began a downward trend, thanks to the oil boom at the time. Publish your articles and forecasts in our website. Get the latest trends and understand the impact of the crisis on the market. The policy framework under which this takes place, is the Agricultural Transformation Agenda. Agriculture in Nigeria has the highest growth percentage of 27% while other sectors have only grown by 1.4% - 18%. Although the sector was largely dominated by subsistence farming, with improved seedlings, modern farming methods and better weather forecasting, agricultural yields have continued to grow. Directly accessible data for 170 industries from 50 countries FMARD – Nigeria: IITA holds critical position in Nigeria’s agricultural sector 25 January 2021 Mr Richard-Mark Mbaram, the Technical Adviser on Knowledge Management and Communication to Nigeria’s Minister of Agriculture and Rural Development, Honorable Mohammed Sabo Nanono, has highlighted IITA ’s role in the nation’s agricultural sector. Agricultural Development Projects (ADP) which was funded by the World Bank. In 1960, agriculture contributed around 65% to the GDP which was a typical stat for agrarian nations, especially developing ones. km of land area) people per sq. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. "Agricultural Sector Growth in Nigeria from The 1st Quarter of 2019 to The 3rd Quarter of 2020. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. It is also available in print format and as a downloadable PDF file (latest edition), ISBN 978-92-79-94757-5, doi: 10.2785/340432 , Cat.No: KS-FK-18-001-EN-N). Find Out It only requires updating with the help of new data that are constantly … $39 per month* The Agriculture, forestry and fishery statistical book is an online Eurostat publication presenting a summary overview of recent European Union (EU) statistics on agriculture, forestry and fisheries. facts. Learn more about how Statista can support your business. In this post we are going to give you Nigeria Poverty Statistics and Poverty Rate In Nigeria for the year 2021. Access new updated reports and statistics for the Agriculture Industry in Nigeria. As Nigeria further builds its non-oil sector, Agriculture, after several years of neglect, is now on the front burner. All these looming dangers are the reason we a taking a look into the 10 problems of agriculture in Nigeria today and possible solutions. Though Nigeria is no longer a major exporter, due to local consumer boom, it is still a major producer of many agricultural products, including: cocoa, groundnuts (peanuts), rubber, and palm oil. Nigeria is the 4th largest exporting country in the world for cocoa beans. Agriculture, value added (% of GDP) % of GDP: 38.4: 31.7: 32.9: 37.1: 23.9: 22.3: 22.1: 21.0: Employment in agriculture (% of total employment) 44.6: Population density (people per sq. GDP From Agriculture in Nigeria averaged 3936292.09 NGN Million from 2010 until 2020, reaching an all time high of 5484063.93 NGN Million in the third quarter of 2020 and a record low of 2594759.86 NGN Million in the first quarter of 2010. Yet, Nigerian farmers keep on becoming poorer by the day. Across the globe, Nigeria is one of the countries endowed with enormous agricultural wealth and the number of crops grown in Nigeria is a clear proof that the country’s land is arable. Agriculture Promotion Policy The Agriculture Promotion Policy 2016-2020 document, “The Green Alternative” is the outcome of an intensive consultative process starting in November 2015 through April 2016, and involving multiple stakeholders. ... Nigerian Agricultural Statistics Local Trade Shows AgrikExpo West Africa September 17-20, 2019 International Conference Center Abuja, Nigeria Agra Innovate West Africa GDP From Agriculture in Nigeria increased to 5484063.93 NGN Million in the third quarter of 2020 from 3918668.40 NGN Million in the second quarter of 2020. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Abstract This report summarizes the findings of the Nigeria Agriculture Public Expenditure Review (NAGPER). History of Agriculture In Nigeria (Problems & Prospects). https://www.nationmaster.com/country-info/profiles/Nigeria/Agriculture With world maps, rankings, and interactive tables with statistics on Agriculture. Nigeria Jump to. Nigeria Holds Key Interest Rate Steady at 11.5%, Nigeria December Inflation Rate at Over 3-Year High, Nigeria Private Sector Grows Faster in December, Nigeria Factory Activity Shrinks in December, Nigeria Trade Balance Swings to Gap in September, Nigeria Economy Slips into Recession in Q3, Nigeria Services Sector Shrinks for 8th Month, Fitch Revises Nigeria Credit Outlook to Negative, Canada Factory Growth Slows to 6-Month Low, US Stocks Rebound from Worst Week since October, Indian Rupee Depreciates on High Budget Gap, Brazil Factory Activity Loses Momentum in January, Chile Economic Activity Shrinks in December. 6. Nigeria is blessed with large tracts of arable land which makes agriculture an important sector of the economy with high potential for employment generation, food security and poverty reduction. While the majority of Nigeria’s population lives in rural areas and depends on agricultural production, the supply of financial services to the sector is inadequate, with, on average, a mere 5% of domestic resources being allocated to the agricultural sector. The figure below on the Nigeria Agricultural sector contribution to the national GDP was captured from the National Bureau of Statistics. • Increase in the quantity of exportable products being produced in an attempt to incr… During … Please authenticate by going to "My account" → "Administration". ", NBS (Nigeria), Agricultural sector growth in Nigeria from the 1st quarter of 2019 to the 3rd quarter of 2020 Statista, https://www.statista.com/statistics/1193510/agricultural-sector-growth-in-nigeria/ (last visited February 01, 2021), Agricultural sector growth in Nigeria from the 1st quarter of 2019 to the 3rd quarter of 2020, Companies in the agriculture industry in the Netherlands 2020, by number of employees, Employment in the agriculture sector in the Netherlands 2008-2019, Agricultural sector volume forecast change in the Netherlands 2014-2021, Total number of agricultural businesses in the Netherlands 2018, by type of sales, Total turnover of agricultural businesses in the Netherlands 2018, by type of sales, Number of arable farms in the Netherlands 2008-2019, Average utilized agricultural area per arable farm in the Netherlands 2000-2019, Added value arable farming industry in the Netherlands 2010-2018, Arable farming added value share in the Netherlands 2010-2018, Employment in the arable farming in the Netherlands 2010-2018, Arable farming employment share the Netherlands 2010-2018, Number of fruit farms in the Netherlands 2007-2019, Average utilized agricultural area per fruit farm in the Netherlands 2007-2019, Number of pigs in the Netherlands 2000-2019, Number of veal calves in the Netherlands 2000-2019, Number of laying hens in the Netherlands 2000-2019, Number of broilers in the Netherlands 2000-2019, Number of dairy goats in the Netherlands 2000-2019, Number of companies with pigs in the Netherlands 2000-2019, Number of outdoor flower bulb producers in the Netherlands 2009-2020, Number of flower growing companies in the Netherlands 2007-2019, Area used for production of outdoor flower bulbs in the Netherlands 2009-2020, Average utilized agricultural area per bulb growing company the Netherlands 2007-2019, Utilized agricultural area per flower growing company the Netherlands 2007-2019, Added value fishing industry in the Netherlands 2010-2018, Employment in the fishing industry in the Netherlands 2010-2018, Number of fishing vessels in the Netherlands 2009-2019, Fishing fleet composition in the Netherlands in 2019, by type of vessel, Value of fish landings in the Netherlands 2008-2019, Seafood landings in the Netherlands 2008-2019, Demersal fish landings in the Netherlands 2008-2019, Volume of pelagic fish landings in the Netherlands 2008-2019, Number of tree nurseries in the Netherlands 2007-2019, Total number of organic tree nurseries in the Netherlands 2011-2017, Average utilized agricultural area per tree nursery in the Netherlands 2007-2019, Organic food producers in the Benelux 2018, by country, Number of organic food producers in the Netherlands 2011-2019, Organic farmland in the Benelux in 2018, by country, Organic farmland share in the Benelux 2018, by country, Number of organic farms in the Netherlands 2019, by province, Organic farmland in the Netherlands 2019, by province, Distribution of organic farmland in the Netherlands 2018, by land use, Average farmland per organic farm in the Netherlands 2011-2019, Contribution of agriculture to GDP in Nigeria 2019-2020, Brazil: leading companies in the agricultural sector 2019, by revenue, Palm oil industry as share of agriculture sector in Malaysia 2015-2019, Mexico: agricultural sector quarterly GDP 2017-2020, Colombia: agricultural sector budget 2015-2019, Expectations of French farmers regarding the agricultural sector 2018-2019, Livestock contribution growth to GDP in Nigeria 2019-2020, Brazil: agribusiness share of GDP 2010-2019, by segment, Main economic resources in the agricultural sector in France 1970-2018, GDP from the rice industry in Malaysia 2015-2019, GDP from the fruits industry in Malaysia 2015-2019, Growth of GDP from livestock and fishery sector Myanmar FY 2010-2018, Farmland under organic agriculture in Russia in 2018, by crop category, Public financial support granted to the agricultural sector in France 2018, Current subsidies granted to the agricultural sector in France 1990-2018, Agri-food industry export turnover in France 2017, by agricultural sector, Chile: agricultural sector export value 2014-2018, Latin America: market value of GIS software in agriculture 2018-2019, by country, Latin America: precision agriculture CAGR 2019-2025, by country, South America: precision agriculture market 2018-2019, by application, Latin America: precision agriculture market 2018-2019, by country, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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