| Product Code: ETC015549 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Nigeria flower and ornamental plants import market continued to show strong growth in 2024, with Thailand, Hungary, Belgium, Kenya, and Indonesia emerging as top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 80.71% from 2020 to 2024 highlights the increasing demand for imported flowers and ornamental plants in Nigeria. The exceptional growth rate of 630.05% from 2023 to 2024 signals a significant surge in import shipments, showcasing a flourishing market for these products in the country.
The Nigeria Flower and Ornamental Plants Market is projected to grow at a CAGR of 5.2% during the forecast period 2020-2026. Decorative plants, ornamental flowers, landscaping trees and shrubs are used as an aesthetic addition to any outdoor space in Nigeria. The market for these products has been on a rise over the past few years due to increasing need for home decoration, landscape beautification or commercial areas in Nigeria?s urban centers such as Lagos, Port Harcourt & Abuja. Additionally, rising consumer awareness about different flower varieties is expected to support market growth over the forecast period
Also, growing exports of ornamental plants from Nigeria to other countries will further fuel demand within this segment. Furthermore, government initiatives aimed at promoting horticulture industry have also been providing impetus towards production and consumption of flower & ornamental plants in the country which will further drive market growth during 2020-2026
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 Flower and Ornamental Plants Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Flower and Ornamental Plants Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Flower and Ornamental Plants Market - Industry Life Cycle |
3.4 Nigeria Flower and Ornamental Plants Market - Porter's Five Forces |
3.5 Nigeria Flower and Ornamental Plants Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Nigeria Flower and Ornamental Plants Market Revenues & Volume Share, By Application, 2019 & 2026F |
4 Nigeria Flower and Ornamental Plants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Flower and Ornamental Plants Market Trends |
6 Nigeria Flower and Ornamental Plants Market, By Types |
6.1 Nigeria Flower and Ornamental Plants Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Flower and Ornamental Plants Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Nigeria Flower and Ornamental Plants Market Revenues & Volume, By Potted Plants, 2016 - 2026F |
6.1.4 Nigeria Flower and Ornamental Plants Market Revenues & Volume, By Cut Flowers, 2016 - 2026F |
6.2 Nigeria Flower and Ornamental Plants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Flower and Ornamental Plants Market Revenues & Volume, By Home, 2016 - 2026F |
6.2.3 Nigeria Flower and Ornamental Plants Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Nigeria Flower and Ornamental Plants Market Import-Export Trade Statistics |
7.1 Nigeria Flower and Ornamental Plants Market Export to Major Countries |
7.2 Nigeria Flower and Ornamental Plants Market Imports from Major Countries |
8 Nigeria Flower and Ornamental Plants Market Key Performance Indicators |
9 Nigeria Flower and Ornamental Plants Market - Opportunity Assessment |
9.1 Nigeria Flower and Ornamental Plants Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Nigeria Flower and Ornamental Plants Market Opportunity Assessment, By Application, 2019 & 2026F |
10 Nigeria Flower and Ornamental Plants Market - Competitive Landscape |
10.1 Nigeria Flower and Ornamental Plants Market Revenue Share, By Companies, 2019 |
10.2 Nigeria Flower and Ornamental Plants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |