| Product Code: ETC8634838 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to rely on seaweed fertilizers imports, with top exporters being Spain, China, India, Belgium, and the USA. Despite a negative Compound Annual Growth Rate (CAGR) from 2020-24, the industry saw a significant growth rate of 54.55% from 2023-24. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports among a few key players, highlighting the competitive landscape. This data suggests a dynamic market with potential opportunities for both domestic and international suppliers in the Nigerian seaweed fertilizers sector.

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 Seaweed Fertilizers Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Seaweed Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Seaweed Fertilizers Market - Industry Life Cycle |
3.4 Nigeria Seaweed Fertilizers Market - Porter's Five Forces |
3.5 Nigeria Seaweed Fertilizers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Seaweed Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Seaweed Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of seaweed fertilizers in improving soil health and crop yield |
4.2.2 Growing focus on sustainable agricultural practices and organic farming methods |
4.2.3 Government support and initiatives to promote the use of organic fertilizers in Nigeria |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality seaweed for fertilizer production |
4.3.2 Lack of awareness among farmers about the benefits and proper usage of seaweed fertilizers |
4.3.3 Price volatility of seaweed fertilizers due to dependency on external factors such as weather conditions and global demand |
5 Nigeria Seaweed Fertilizers Market Trends |
6 Nigeria Seaweed Fertilizers Market, By Types |
6.1 Nigeria Seaweed Fertilizers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Nigeria Seaweed Fertilizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Farm, 2021- 2031F |
6.2.3 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Garden, 2021- 2031F |
6.2.4 Nigeria Seaweed Fertilizers Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Seaweed Fertilizers Market Import-Export Trade Statistics |
7.1 Nigeria Seaweed Fertilizers Market Export to Major Countries |
7.2 Nigeria Seaweed Fertilizers Market Imports from Major Countries |
8 Nigeria Seaweed Fertilizers Market Key Performance Indicators |
8.1 Soil health improvement rate after seaweed fertilizer application |
8.2 Increase in crop yield and quality attributed to seaweed fertilizer usage |
8.3 Adoption rate of seaweed fertilizers among Nigerian farmers |
9 Nigeria Seaweed Fertilizers Market - Opportunity Assessment |
9.1 Nigeria Seaweed Fertilizers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Seaweed Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Seaweed Fertilizers Market - Competitive Landscape |
10.1 Nigeria Seaweed Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Seaweed Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |