| Product Code: ETC8622380 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of corn and corn starch derivatives to Nigeria in 2024 continue to witness significant growth, with Brazil, Turkey, Romania, Serbia, and Egypt emerging as the top exporting countries. Despite a high concentration in 2023, the market concentration remained elevated in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 10.14%, showcasing a robust upward trajectory. Moreover, the remarkable growth rate of 285.59% from 2023 to 2024 highlights the increasing demand and market dynamics driving the import of these products into Nigeria.

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 Corn & Corn Starch Derivatives Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Corn & Corn Starch Derivatives Market - Industry Life Cycle |
3.4 Nigeria Corn & Corn Starch Derivatives Market - Porter's Five Forces |
3.5 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Corn & Corn Starch Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Corn & Corn Starch Derivatives Market Trends |
6 Nigeria Corn & Corn Starch Derivatives Market, By Types |
6.1 Nigeria Corn & Corn Starch Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn starch, 2021- 2031F |
6.1.4 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn starch derivatives, 2021- 2031F |
6.1.5 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn oil, 2021- 2031F |
6.1.6 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn flour, 2021- 2031F |
6.1.7 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn meal/flakes/grits, 2021- 2031F |
6.1.8 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Corn protein, 2021- 2031F |
6.2 Nigeria Corn & Corn Starch Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Animal feed, 2021- 2031F |
6.2.4 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Paper and Board, 2021- 2031F |
6.2.5 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.6 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Biodiesel, 2021- 2031F |
6.2.7 Nigeria Corn & Corn Starch Derivatives Market Revenues & Volume, By Textiles, 2021- 2031F |
7 Nigeria Corn & Corn Starch Derivatives Market Import-Export Trade Statistics |
7.1 Nigeria Corn & Corn Starch Derivatives Market Export to Major Countries |
7.2 Nigeria Corn & Corn Starch Derivatives Market Imports from Major Countries |
8 Nigeria Corn & Corn Starch Derivatives Market Key Performance Indicators |
9 Nigeria Corn & Corn Starch Derivatives Market - Opportunity Assessment |
9.1 Nigeria Corn & Corn Starch Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Corn & Corn Starch Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Corn & Corn Starch Derivatives Market - Competitive Landscape |
10.1 Nigeria Corn & Corn Starch Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Corn & Corn Starch Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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