Nigeria"s animal feed market, particularly the import and export of dried peas, plays a crucial role in the country"s agricultural sector. Recent data shows dynamic shifts in trade volumes and pricing trends, highlighting the evolving landscape of Nigeria"s crops market. In 2023, Nigeria imported approximately 1. 93 million kg of dried peas at a value of $3. 10 million, reflecting an increased reliance on imports compared to previous years. Conversely, the export of dried peas in 2023 was nonexistent in terms of volume, though a nominal value of $74,071 was recorded, indicating limited export activities. These figures contrast notably with 2022, where imports reached a substantial 11. 33 million kg valued at $14.

47 million, a significant rise from 2021"s 1. 91 million kg at $1. 81 million. This fluctuation underscores the variability in demand within the Nigerian market, with 2022 experiencing a peak in import volume and value. Export volumes have consistently remained low, with 25,000 kg exported in 2022 and a similar trend in 2021, albeit at a lower value of $5,806. Price trends are equally telling. The import price per kg of dried peas has increased from approximately $0. 57 in 2020 to $1.

61 in 2023, indicating rising costs and potential inflationary pressures on import commodities. This trend suggests that businesses may need to strategize around these rising costs when sourcing animal feed components. For those seeking to engage in Nigeria"s crops market, understanding these shifts is crucial. Platforms like Aritral offer valuable tools for navigating international trade. With services such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, Aritral aids businesses in optimizing their trade operations and accessing critical market insights. "