Raw Sugar Quota Allocation

YearNSMP National Demand Estimates (MT)Presidential Raw Sugar Quota Approved (MT)Raw Sugar Imports (MT) (Production Facility Report, NSDC)% Utilization of Approved Quota (Production Facility Report, NSDC)
20131,430,0001,430,0001,298,98991
20141,470,0001,665,0001,636,59998
20151,510,0001,708,3821,484,72486
20161,550,0001,700,0001,559,57392
20171,580,0001,600,0001,286,72980
20181,650,0001,570,0001,216,11077
20191,600,0001,580,0001,363,29486
20201,650,0001,600,000NANA
20211,700,0001,700,0001,571,24392
20221,700,0001,700,0001,675,64998

NB:  2024* ; Compilation of 2024 data is on-going.

Consumption is taken as simple addition of yearly production and importation, although there are ending stocks that are not captured

Market Data

Nigeria’s sugar market presents a compelling investment case based on strong local demand, limited domestic supply, and supportive policy environment.

1.8 million MT

Annual sugar consumption in Nigeria

+3.5% CAGR

35,000 MT

Avg annual sugar
production

< 3% of consumption

$2 billion

Nigerian
Market size

Sugar only

$7 billion

African
Market size

Sugar only

Beyond Sugar

Sugarcane processing yields much more than sugar.

Expanded By-Product Market is worth

10

These opportunities in high-value by-products and derivatives include biofuels, polymers, bio-plastics, animal feeds and electricity

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Investment Opportunities?

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