Dried shelled beans market in Nigeria

Earlier Report Observations

The market for dried shelled beans in Nigeria demonstrated consistent growth between 2018 and 2023, with total market volume increasing from 4 012 thousand tons to 4 291 thousand tons. This expansion was primarily driven by rising domestic production, which climbed from 4 008 thousand tons to 4 286 thousand tons over the same period.

Production rose steadily each year until 2021, then stabilized in 2022 at 4 213 thousand tons. Despite this pause in output growth, market volume continued to rise in 2022, reaching 4 231 thousand tons, aided by a temporary increase in imports. Production resumed its upward trajectory in 2023, reaching 4 286 thousand tons, contributing to a market volume of 4 291 thousand tons.

Underlying this growth, broader consumer trends such as increasing health consciousness and a shift toward plant-based proteins have bolstered demand for dried beans, valued for their high protein and fiber content. Nigeria's position as a leading global producer and consumer of dried shelled beans has provided a stable foundation for market development.

Production dried shelled beans in Nigeria

In kind, 2017-2020, K t

From 2017 to 2020, Nigeria held the second position globally in dried shelled beans production.

Top producers of dried shelled beans, 2017-2020

World map of production of dried shelled beans, 2017-2020

Nigeria's dried shelled beans production grew for the third consecutive year. In 2020, the country produced 4 133 K t, marking a 1.7% increase from 2019. Over the 2017-2020 period, production rose by 6.7%, with an average annual growth rate of 2.2%.

Annual dynamics of production in Nigeria in kind, 2017-2020, K t

Exports dried shelled beans from Nigeria

Exports in kind, t

The export market showed significant volatility during these years. Exports varied widely, with a 22-fold difference between the low in 2017 and the high in 2018. In 2020, Nigeria exported 289 t of dried shelled beans, a 16.0% improvement over 2019. The peak was recorded in 2018 at 383 t. The largest decline occurred in 2019, falling by 34.9%, while the largest increase was in 2018, surging by 2,052.6%.

Annual dynamics of product's exports from Nigeria in kind, 2017-2020, t

Between 2017 and 2020, India accounted for 77.7% of Nigeria's total dried shelled beans exports by volume, with the remainder distributed among numerous countries, each holding smaller individual shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Nigeria in kind, 2017-2020

Exports in value, K $ US

The data shows irregular changes, pointing to a volatile market environment. There was a 24-fold variation between the minimum in 2017 and the maximum in 2018. In 2020, Nigeria's dried shelled beans exports were valued at 165 K $ US, reflecting an 8.7% year-over-year increase. The highest value was recorded in 2018 at 408 K $ US. The largest decline occurred in 2019, dropping by 62.9%, while the largest increase was in 2018, rising by 2,251.8%.

Annual dynamics of product's exports from Nigeria in value, 2017-2020, K $ US

From 2017 to 2020, India dominated Nigeria's dried shelled beans exports in value terms, capturing 86.1% of the total. The remaining exports were spread across multiple smaller trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Nigeria in value, 2017-2020

Imports dried shelled beans to Nigeria

Imports in kind, t

In 2020, Nigeria's dried shelled beans imports totaled 2 997 t, a sharp 53.9% increase from the previous year. Over the 2017-2020 period, imports decreased by 26.5%, equivalent to an annualized decline of 9.7%. The lowest volume was recorded in 2019 at 1 947 t, while the highest was in 2018 at 4 169 t. The largest decline occurred in 2019, falling by 53.3%.

Annual dynamics of product's imports to Nigeria in kind, 2017-2020, t

Between 2017 and 2020, three key markets—China, Niger, and Morocco—collectively absorbed 87.3% of Nigeria's total dried shelled beans imports by volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Nigeria in kind, 2017-2020

Imports in value, K $ US

The import market exhibited volatility during these years. There was a 2.3-fold difference between the trough in 2019 and the peak in 2020. In 2020, Nigeria's dried shelled beans imports were valued at 4 850 K $ US, a significant 132.8% gain compared to the previous year. The lowest value was recorded in 2019 at 2 083 K $ US. The largest decline occurred in 2019, dropping by 47.1%.

Annual dynamics of product's imports to Nigeria in value, 2017-2020, K $ US

From 2017 to 2020, China, Morocco, and Niger formed the main cluster of markets for Nigeria's dried shelled beans imports in value terms. China accounted for 67.5%, Morocco for 11.9%, and Niger for 4.8%, together representing 84.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Nigeria in value, 2017-2020