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FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.
Italy’s food processing industry consists of more than 55,000 enterprises that contributed $156.5 billion to the country’s gross domestic product in 2023.
This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.
Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.
This report is intended to supplement the FAS U.S. Mission to the EU's Food and Agricultural Import Regulations and Standards (FAIRS) report with Italy-specific information.