| Product Code: ETC290929 | Publication Date: Aug 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the import of edible beans to Nigeria in 2024, the market remains highly concentrated with top exporters being China, South Africa, India, UK, and Belgium. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration, suggesting limited competition among suppliers. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -24.25% reflects a challenging market environment. Furthermore, the sharp decline in growth rate from 2023 to 2024 at -76.93% indicates a significant slowdown in import shipments, possibly influenced by various factors impacting the global trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Edible Beans Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Edible Beans Market Revenues & Volume, 2022 & 2032F |
3.3 Nigeria Edible Beans Market - Industry Life Cycle |
3.4 Nigeria Edible Beans Market - Porter's Five Forces |
3.5 Nigeria Edible Beans Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Nigeria Edible Beans Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
3.7 Nigeria Edible Beans Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Nigeria Edible Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plant-based protein sources |
4.2.2 Growing health consciousness among consumers |
4.2.3 Government initiatives to promote agricultural production and exports |
4.3 Market Restraints |
4.3.1 Fluctuating weather conditions affecting crop yields |
4.3.2 Challenges in infrastructure and logistics |
4.3.3 Price volatility in the global market impacting local prices |
5 Nigeria Edible Beans Market Trends |
6 Nigeria Edible Beans Market, By Types |
6.1 Nigeria Edible Beans Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Edible Beans Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Nigeria Edible Beans Market Revenues & Volume, By Pinto Beans, 2022 - 2032F |
6.1.4 Nigeria Edible Beans Market Revenues & Volume, By Navy Beans, 2022 - 2032F |
6.1.5 Nigeria Edible Beans Market Revenues & Volume, By Great Northern Beans, 2022 - 2032F |
6.1.6 Nigeria Edible Beans Market Revenues & Volume, By Red Kidney Beans, 2022 - 2032F |
6.1.7 Nigeria Edible Beans Market Revenues & Volume, By Black Beans, 2022 - 2032F |
6.1.8 Nigeria Edible Beans Market Revenues & Volume, By Yellow Beans, 2022 - 2032F |
6.2 Nigeria Edible Beans Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Edible Beans Market Revenues & Volume, By Supermarket/Hypermarket, 2022 - 2032F |
6.2.3 Nigeria Edible Beans Market Revenues & Volume, By Online Stores, 2022 - 2032F |
6.2.4 Nigeria Edible Beans Market Revenues & Volume, By Specialty Stores, 2022 - 2032F |
6.2.5 Nigeria Edible Beans Market Revenues & Volume, By Other, 2022 - 2032F |
6.3 Nigeria Edible Beans Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Edible Beans Market Revenues & Volume, By Household, 2022 - 2032F |
6.3.3 Nigeria Edible Beans Market Revenues & Volume, By Restaurants, 2022 - 2032F |
6.3.4 Nigeria Edible Beans Market Revenues & Volume, By Others, 2022 - 2032F |
7 Nigeria Edible Beans Market Import-Export Trade Statistics |
7.1 Nigeria Edible Beans Market Export to Major Countries |
7.2 Nigeria Edible Beans Market Imports from Major Countries |
8 Nigeria Edible Beans Market Key Performance Indicators |
8.1 Average yield per acre of edible beans |
8.2 Adoption rate of sustainable farming practices |
8.3 Percentage of cultivated land for edible beans compared to total arable land |
9 Nigeria Edible Beans Market - Opportunity Assessment |
9.1 Nigeria Edible Beans Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Nigeria Edible Beans Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
9.3 Nigeria Edible Beans Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Nigeria Edible Beans Market - Competitive Landscape |
10.1 Nigeria Edible Beans Market Revenue Share, By Companies, 2025 |
10.2 Nigeria Edible Beans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here