Nigeria Recreational Cannabis Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The recreational cannabis import market in Nigeria witnessed a significant shift in 2024, with top exporters being Vietnam, China, India, Mexico, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from high to very high levels between 2023 and 2024. Despite a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -43.12%, the growth rate in 2024 further plummeted by -66.24%. This suggests a challenging landscape for recreational cannabis importers in Nigeria, signaling potential shifts in market dynamics and competition among key exporting countries.

Key Highlights of the Report:
- Nigeria Recreational Cannabis Market Outlook
- Market Size of Nigeria Recreational Cannabis Market, 2024
- Forecast of Nigeria Recreational Cannabis Market, 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Revenues & Volume for the Period 2021- 2031
- Nigeria Recreational Cannabis Market Trend Evolution
- Nigeria Recreational Cannabis Market Drivers and Challenges
- Nigeria Recreational Cannabis Price Trends
- Nigeria Recreational Cannabis Porter's Five Forces
- Nigeria Recreational Cannabis Industry Life Cycle
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Product Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Tinctures for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Transdermal patches for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Isolates for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Tablets for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Flower for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Concentrates for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Edibles for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Tinctures Recreational Cannabis Market Revenues & Volume By Topical for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Distribution channel for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Online for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Offline for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Retail store for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Pharmacies for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Species for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Cannabis indica for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Cannabis sativa for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Hybrid for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Compound for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By THC-Dominant for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By CBD-Dominant for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Balanced THC and CBD for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Chronic Pain for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Mental Disorders for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Cancer for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Administration for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Oral for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Topical for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Inhalation for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Rectal for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Sublingual for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By End Use for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Pharmaceuticals for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Food for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Beverages for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Tobacco for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Personal care for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Recreational Cannabis Market Revenues & Volume By Research and Development Centre for the Period 2021- 2031
- Nigeria Recreational Cannabis Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Distribution channel
- Market Opportunity Assessment By Species
- Market Opportunity Assessment By Compound
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Administration
- Market Opportunity Assessment By End Use
- Nigeria Recreational Cannabis Top Companies Market Share
- Nigeria Recreational Cannabis Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Recreational Cannabis Company Profiles
- Nigeria Recreational Cannabis Key Strategic Recommendations
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