| Product Code: ETC8630918 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria olive import market witnessed a significant shift in 2024 with top exporting countries being China, Lebanon, Germany, Denmark, and Egypt. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from high to very high in 2024, indicating a more consolidated market. Despite the negative Compound Annual Growth Rate (CAGR) of -27.22% from 2020 to 2024, the growth rate in 2024 saw a steep decline of -56.82%, reflecting a challenging year for olive imports in Nigeria. This data suggests a need for further analysis to understand the dynamics impacting the olive market in the country.

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 Olive Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Olive Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Olive Market - Industry Life Cycle |
3.4 Nigeria Olive Market - Porter's Five Forces |
3.5 Nigeria Olive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Olive Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Nigeria Olive Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Nigeria Olive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of olive consumption |
4.2.2 Growing demand for natural and organic products |
4.2.3 Rising disposable income leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Limited domestic production of olives in Nigeria |
4.3.2 High import costs and tariffs on olives and olive products |
4.3.3 Lack of infrastructure and technology for olive cultivation and processing in Nigeria |
5 Nigeria Olive Market Trends |
6 Nigeria Olive Market, By Types |
6.1 Nigeria Olive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Olive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Olive Market Revenues & Volume, By Green Olive, 2021- 2031F |
6.1.4 Nigeria Olive Market Revenues & Volume, By Black Olive, 2021- 2031F |
6.2 Nigeria Olive Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Olive Market Revenues & Volume, By Households, 2021- 2031F |
6.2.3 Nigeria Olive Market Revenues & Volume, By Food Service Sector, 2021- 2031F |
6.3 Nigeria Olive Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Olive Market Revenues & Volume, By Direct/B2B, 2021- 2031F |
6.3.3 Nigeria Olive Market Revenues & Volume, By Indirect/B2C, 2021- 2031F |
7 Nigeria Olive Market Import-Export Trade Statistics |
7.1 Nigeria Olive Market Export to Major Countries |
7.2 Nigeria Olive Market Imports from Major Countries |
8 Nigeria Olive Market Key Performance Indicators |
8.1 Percentage increase in olive oil consumption in Nigeria |
8.2 Number of new olive farms or plantations established in the country |
8.3 Growth in the number of olive-based products available in the Nigerian market |
9 Nigeria Olive Market - Opportunity Assessment |
9.1 Nigeria Olive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Olive Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Nigeria Olive Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Nigeria Olive Market - Competitive Landscape |
10.1 Nigeria Olive Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Olive 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.
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