Market research

Wood in the rough market in Nigeria

Wood in the rough market in Nigeria

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Nigeria's wood market volume grew steadily from 49.5 million tonnes in 2018 to over 50 million tonnes by 2021. This increase was initially driven by strong demand from the real estate boom and the production of eco-friendly furniture, which spurred domestic production despite challenges like forest overexploitation.

Growth continued through 2022 and 2023, with market volume reaching 50.7 million tonnes. A significant factor was the government's ban on wood exports, which redirected timber to the local market and boosted domestic processing. Additionally, investments in wood industry facilities and workforce training programs enhanced production capacity, supporting the expansion.

In 2024, the reliance of households in the northeast on firewood for cooking sustained demand for wood, contributing to market volume in that region.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Nigeria
      1. 5.1.1. Annual dynamics of production in Nigeria in kind, 2018-2023, K t
      2. 5.1.2. Annual dynamics of production in Nigeria in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Nigeria in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Nigeria by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Nigeria in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Nigeria by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Nigeria, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Nigeria by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Nigeria in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Nigeria by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Nigeria in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Nigeria by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Nigeria, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Nigeria by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Nigeria in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Nigeria by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Nigeria in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Nigeria by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Nigeria, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Nigeria by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Nigeria in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Nigeria by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Nigeria in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Nigeria by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Nigeria, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Nigeria by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production wood in the rough in Nigeria

In kind, 2017-2020, K t

From 2017 to 2020, Nigeria ranked 9th globally in terms of wood in the rough production volume.

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

Wood in the rough production in Nigeria increased for the third consecutive year. In 2020, Nigeria produced 49 988 K t of wood in the rough, which remained nearly unchanged from the previous year.

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

Parameter201820192020CAGR
1Change from last year0.4%0.4%0.4%0.4%
Source: SHEV.io

Exports wood in the rough from Nigeria

Exports in kind, t

Nigeria's volume of wood in the rough exports declined for the third consecutive year. In 2020, exports were recorded at 12 t, marking a 90.7% decrease year-over-year. Over the period from 2017 to 2020, exports fell by 100%, with a compound annual growth rate (CAGR) of -93.4%.

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

Parameter201820192020CAGR
1Change from last year(52.9%)(99.3%)(90.7%)(93.4%)
Source: SHEV.io

Throughout 2017–2020, China dominated the partner structure of exports in kind, consistently accounting for 96.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Nigeria's wood in the rough exports declined for the third consecutive year. In 2020, exports reached 12 K $ US, showing a sharp decrease of 83.4% from the previous year. From 2017 to 2020, exports decreased by 99.8%, with a compound annual growth rate (CAGR) of -88.4%.

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

Parameter201820192020CAGR
1Change from last year(60.6%)(97.6%)(83.4%)(88.4%)
Source: SHEV.io

Throughout 2017–2020, China remained the dominant and almost sole destination for exports in value terms of wood in the rough from Nigeria, with a share of 93.0%.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood in the rough to Nigeria

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Volumes reached their lowest point in 2017 and peaked in 2020, with a 38-fold difference between these years. In 2020, Nigeria's volume of wood in the rough imports amounted to 9 206 t, up by 764.8% compared to the previous year. The largest decline was recorded in 2019 at 67.1%, while the largest increase occurred in 2018 at 1 219.2%.

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

Parameter201820192020CAGR
1Change from last year1 219.2%(67.1%)764.8%234.9%
Source: SHEV.io

In 2017–2020, Madagascar (with 61.8% of total flows) and China (32.5%) together accounted for 94.4% of total imports in kind, while other partners made up the remaining volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Volumes dropped to a minimum in 2017 and climbed to their maximum in 2020, representing a 21-fold shift. In 2020, Nigeria's wood in the rough import volume totalled 6 387 K $ US, amounting to a rise of 1 123.4% compared with 2019. The largest decline was recorded in 2019 at 53.8%.

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

Parameter201820192020CAGR
1Change from last year269.3%(53.8%)1 123.4%175.3%
Source: SHEV.io

Throughout 2017–2020, Madagascar and China remained the primary suppliers of wood in the rough to Nigeria, with a combined share of 92.8% of total imports in value terms, and other countries forming the remainder.

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

Source: SHEV.io

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

Source: SHEV.io

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