24–29 AUGUST 2026
Weekly Market Report
Introduction
Market Weekly is ColdHubs’ weekly snapshot of fresh produce markets, bringing you key updates on prices, supply, demand, market conditions and emerging trends from markets across our network. Each edition combines on-the-ground market intelligence from ColdHubs Hub Managers and Operators with relevant weather insights to provide a practical outlook on what to expect in the week ahead.Market Weekly — Know the Market. Plan Better.
| 01 | THE WEEK AT A GLANCE |
| Produce | Price | Trend | Spoilage |
|---|---|---|---|
| Tomatoes (50kg) | ₦8,000–9,000 | ↓ Decreasing | High |
| Pepper (25kg) | ₦23,000–25,000 | ↑ Increasing | Moderate |
| Carrot (70kg) | ₦31,000–35,000 | → Stable | High |
| Green Beans (50kg) | ₦13,000–15,000 | → Stable | High |
| Spring Onions (70kg) | ₦25,000–26,000 | ↓ Slightly Decreased | Extremely High |
| Livestock (Cow) | ₦500,000–1,000,000 | → Stable | — |
| 02 | MARKET PULSE (SITUATIONAL REPORT) |
Low Supply Fresh Produce (Pepper)
Market reports indicate that the supply of Pepper in the market has reduced drastically while demand remains high.
High Supply Fresh Produce (Spring Onion)
Spring Onions has been recorded as the most highly supplied vegetable this week. Its availability at the market supersedes its demand.
High Demand Fresh Produce (Tomatoes & Pepper)
Demand for Tomatoes and Pepper keeps increasing, while the price of Tomatoes decreased compared to last week.
Price Increase (Green Beans & Pepper)
Due to the insufficient supply of Pepper, the fresh produce experienced a 100.4% increase in price. The price of green beans has skyrocketed to a 50% increase.
Price Decrease (Spring Onions)
Tomatoes are currently experiencing a 6.67% decrease in price compared to last week’s data, while Spring Onions are also experiencing a 50% decrease compared to last week’s data.
| TAKE HOME |
| This is the right opportunity to purchase and store Tomatoes and Spring Onions. |
High Spoilage Risk Fresh Produce (Spring Onions)
Spring Onions made it to the list of fresh produce at high risk of spoilage. This is caused by its glut at the market and the unfavorable weather affecting leafy vegetables.
Weather information from NiMet, as reviewed by the team for the week, also points to periods of rainfall combined with warm conditions in several locations — a challenging combination for fresh produce, especially leafy vegetables.| 03 | PRICE WATCH FOR THE SIX GEOPOLITICAL ZONES |
SIX GEOPOLITICAL ZONES IN NIGERIA
| S/N | Produce | N/Central | N/East | N/West | S/East | S/South | S/West |
|---|---|---|---|---|---|---|---|
| 1 | Tomatoes 50kg | ₦8,000–9,000 | – | ₦16,000–20,000 | ₦40,000–45,000 | ₦35,000–45,000 | ₦36,000–45,000 |
| 2 | Pepper 25kg | ₦23,000–25,000 | – | ₦48,000–52,000 | ₦60,000–70,000 | ₦80,000–90,000 | ₦110,000–140,000 |
| 3 | Carrots 70kg | ₦31,000–35,000 | – | ₦35,000–40,000 | ₦60,000–100,000 | ₦100,000–120,000 | ₦60,000–100,000 |
| 4 | Green Beans 50kg | ₦13,000–15,000 | – | ₦50,000–55,000 | ₦35,000–40,000 | ₦40,000–42,000 | ₦40,000–60,000 |
| 5 | Spring Onions 70kg | ₦25,000–26,000 | – | ₦10,000–15,000 | ₦15,000–18,000 | ₦15,000–18,000 | ₦15,000–20,000 |
| 6 | Livestock | ₦500,000–700,000 | – | ₦500,000–700,000 | ₦600,000–1,000,000 | ₦800,000–1,000,000 | ₦1,000,000 |
Note: “-” indicates no price data recorded for that zone at this time.
| 04 | PRODUCE OF THE WEEK |
SPRING ONIONS
Spring Onions recorded one of the strongest downward price movements again in this week’s market report. However, market observations suggest that traders are dealing with a second problem: Spoilage. Traders have two options to curb this menace: sell quickly at a lower price, or preserve the produce and wait for a better market opportunity. Remember, that’s why ColdHubs is here — to ensure you maximize your profits.| 05 | THE MARKET FORECAST |
- Tomatoes: → Stable Price
- Pepper: ↑ Increase in Price · ↓ Low Supply
- Spring Onions: ↓ Decrease in Price · ↑ High Supply & Spoilage
- Green Beans: → Increase in Price · High Spoilage Risk
- Carrots: → Stable Price
- Livestock (Cow): → Stable Price
| 06 | SPOILAGE WATCH |
HIGH-RISK PRODUCE THIS WEEK
Spring Onions — VERY HIGH RISK
High moisture content, warm temperatures and delays in selling can quickly reduce quality.
| 07 | COLD CHAIN TIP OF THE WEEK |
Don’t wait until produce begins to spoil before thinking about preservation.
The economic value of cold storage is not simply about keeping food cold. It is about buying time. More time can mean:- More selling options.
- Less pressure to accept distress prices.
- Less food waste.
| 08 | FROM THE EDITORIAL TEAM |
Share your market observations with us.
ColdHubs Limited
KEEPING IT FRESH