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- (-) June 2022
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Nigeria continues to strive for self-sufficiency in oil palm production. Currently, production remains stable. Meanwhile, demand for palm oil outweighs supply. Nigeria meets the supply gap in oil palm through imports from Malaysia, China, and Côte d’Ivoire.
Nigeria’s food processing sector offers significant market potential and FAS-Lagos can assist interested U.S. food/ingredients suppliers in establishing business relationships with local buyers.
A strong economic outlook, growing middle class and surging demand for consumer-oriented foods make Sub-Saharan Africa one of the fastest-growing regions for U.S. agricultural exports.