Cocoa Production in Nigeria has been on a major decline. Cocoa is the leading agricultural export commodity of the country and its most important cash crop.

Cocoa is the second major non-oil foreign exchange earner for Nigeria.

COCOA PRODUCTION STATISTICS

Nigeria’s annual Cocoa production rate of is about 192,000 metric tonnes {MT}(2016)

Nigeria is currently the world’s fourth largest producer after Ivory Coast, Indonesia and Ghana,

Nigeria is the third largest Exporter of Cocoa In the world after Ivory Coast and Ghana

BEFORE OIL DISCOVERY

The crop was a major foreign exchange earner for Nigeria in the 1950s and 1960 accounting for almost 50% of total export earnings.

PROCESSING STATISTICS

In Nigeria, cocoa production is traditionally for export, with less than 10% utilised for cocoa products like cocoa butter, cocoa biscuit, cocoa liquor, chocolates, etc. However, a sizable quantity is processed to create value addition to the export or for local industries as their main raw materials. Delloitte et al. (1990) maintained that the cocoa processing industries in Nigeria utilise on the average about 10% of the total cocoa produced in the country.

EXPORT VALUE

The value of cocoa exports amounted to a total amount of $666.45m (2014) (NEPC)

YIELD PER HECTARE IN NIGERIA

Current improved varieties yield 1.5 tonnes per hectare.

For further data & statistics on Cocoa Production In Nigeria, Business Plan On Cocoa Farming, Investment & Export;

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