Efforts are underway to position Nigeria within the global avocado market, which is projected to grow from $16.24 billion in 2023 to $23.29 billion by 2029.
Nigeria is making fresh efforts to tap into the booming global avocado market, projected to reach $17.56 billion in 2024 and $23.29 billion by 2029. European demand is rising, with countries like France and Germany posting significant year-on-year consumption increases.
While African countries like Kenya and Morocco are cashing in—Kenya is expected to export 135,000 tons in 2025 and Morocco earned $179 million from 56,700 tons—Nigeria’s avocado sector remains underdeveloped and locally focused.
According to Ambassador Adeniyi Sola-Bunmi, President of the Avocado Society of Nigeria (ASN), “Nigerians are simply not investing in avocado farming on a commercial scale, largely due to the perceived long gestation period for fruiting.”
He is introducing Hass avocado varieties that fruit within three years and could generate over N12 billion annually. “I believe this variety of avocado can thrive in Nigeria,” he said.
The ASN is now setting up commercial farms across southern and central Nigeria to meet export standards and grow the sector.