Yams produced in Nigeria in 2023 were valued at $25.4b, the highest among major reported commodities

  • After yielding 61.9 million tonnes, yams were valued at $25.4 billion in 2023, the highest among reported commodities.
  • With 62.7 million tonnes produced, cassava generated $9.1 billion, making it the second most valuable crop.
  • Okra ($818/t), tomatoes ($808/t), and pineapples ($753/t) earned the highest returns per unit despite smaller volumes (1.6–3.8 million tonnes).
  • Maize ($3.7 b, 11.1 m t), rice ($3.1 b, 8.9 m t), sorghum ($2.3 b, 6.4 m t), cowpeas ($1.2 b, 4.3 m t), and groundnuts ($0.9 b, 4.3 m t) form the backbone of production.

Yams produced in Nigeria in 2023 were valued at an estimated $25.4 billion, the highest among major agricultural commodities, followed by cassava at $9.1 billion and maize at $3.9 billion.

Together, these staples dominate both production and economic value, with cereals like rice ($3.7 billion, 8.9 m tonnes) and sorghum ($2.3 billion, 6.4 m tonnes) ranking next.

Horticultural crops stand out in value per tonne, led by okra ($818/t), tomatoes ($808/t), and pineapples ($754/t), highlighting the potential of smaller-volume, high-value crops. Legumes such as cowpeas ($278/t) and groundnuts ($222/t) add diversity to production.

Source:

Food and Agriculture organization of the UN

Period:

2023
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