31 AUGUST – 5 SEPTEMBER 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 |
Prices from the biggest fresh produce market.
|
Tomatoes (50kg) |
Price: ₦10,000–12,000 Trend: ↑ Increasing (+29%) Spoilage: High |
|
Pepper (25kg) |
Price: ₦25,000–30,000 Trend: ↑ Increasing (+15%) Spoilage: Moderate |
|
Carrots (70kg) |
Price: ₦30,000–35,000 Trend: → Stable Spoilage: High |
|
Green Beans (50kg) |
Price: ₦13,000–15,000 Trend: → Stable Spoilage: High |
|
Spring Onions (70kg) |
Price: ₦25,000–26,000 Trend: → Stable Locally, ↑ Rising Nationally Spoilage: Extremely High |
|
Livestock (Cow) |
Price: ₦500,000–700,000 Trend: → Stable Spoilage: — |
| 02 | MARKET PULSE (SITUATIONAL REPORT) |
Fresh produce markets monitored by ColdHubs this week reveal a broad-based upward shift in prices across nearly all zones and produce types — a clear reversal from last week’s mixed picture.
Low Supply Fresh Produce
Carrots and Spring Onions show the clearest signs of tightening supply this week, with prices climbing as much as 31–40% in the South-East and South-West zones for Carrots, and 32–36% in the North-West, South-East and South-South zones for Spring Onions.
Relatively Stable Supply
Green Beans posted the smallest overall price movement this week (about 6% on average), suggesting supply is keeping closer pace with demand compared to other produce.
High Demand Fresh Produce
Demand for Tomatoes and Pepper remains strong, with North-Central prices up 29% and 15% respectively compared to last week — a sharp reversal from the decline recorded for Tomatoes last week.
Price Increase
Every tracked produce item posted a price increase or held steady this week — none declined. Carrots (+18% on average, peaking at +41% in the South-West) and Spring Onions (+21% on average, peaking at +36% in the South-East and South-South) recorded the sharpest gains. Tomatoes (+15%) and Pepper (+11%) also rose notably.
Price Decrease
No significant price decreases were recorded this week. This marks a departure from last week, when both Tomatoes and Spring Onions were trending downward.
|
TAKE HOME
With prices trending upward across the board, this is a good week for farmers and traders holding stock of Carrots, Spring Onions and Tomatoes to consider selling, while buyers should plan purchases early before prices climb further. |
High Spoilage Risk Fresh Produce
Spring Onions remains the produce item at highest risk of spoilage, driven by high moisture content and warm, humid conditions in several producing zones. Tomatoes also carry elevated spoilage risk given the current heat and handling conditions.
Traders and hub operators are advised to prioritize fast turnover or cold storage for these items to minimize losses in the week ahead.
| 03 | PRICE WATCH
31st August – 5th September 2026 · Six Geopolitical Zones in Nigeria
|
| S/N | Produce | N/Central | N/East | N/West | S/East | S/South | S/West |
|---|---|---|---|---|---|---|---|
| 1 | Tomatoes (50kg) | ₦10,000-12,000 | ₦20,000-25,000 | ₦20,000-25,000 | ₦40,000-45,000 | ₦45,000-50,000 | ₦36,000-45,000 |
| 2 | Pepper (25kg) | ₦25,000-30,000 | ₦50,000-52,000 | ₦48,000-55,000 | ₦70,000-75,000 | ₦100,000-110,000 | ₦110,000-140,000 |
| 3 | Carrots (70kg) | ₦30,000-35,000 | ₦45,000-50,000 | ₦35,000-40,000 | ₦100,000-110,000 | ₦120,000-140,000 | ₦110,000-115,000 |
| 4 | Green Beans (50kg) | ₦13,000-15,000 | ₦12,000-15,000 | ₦50,000-55,000 | ₦40,000-45,000 | ₦45,000-50,000 | ₦40,000-60,000 |
| 5 | Spring Onions (70kg) | ₦25,000-26,000 | ₦20,000-25,000 | ₦15,000-18,000 | ₦20,000-25,000 | ₦20,000-25,000 | ₦15,000-20,000 |
| 6 | Livestock | ₦500,000-700,000 | ₦600,000-800,000 | ₦700,000-900,000 | ₦600,000-1,000,000 | ₦800,000-1,000,000 | ₦1,000,000 |
Note: all six geopolitical zones reported price data this week — a fuller picture than last week, when North-East data was unavailable.
| 04 | PRODUCE OF THE WEEK |
SPRING ONIONS — PRICE REBOUND
After crashing by as much as 50% last week amid a market glut, Spring Onions have staged a sharp rebound — prices are up 32–36% this week in the North-West, South-East and South-South zones.
The reversal appears to reflect the glut clearing as traders moved stock quickly last week, combined with continued spoilage losses reducing available fresh supply.
Traders who held or restocked Spring Onions through last week’s dip are now positioned to benefit from this week’s stronger prices — though the produce’s Extremely High spoilage risk means fast turnover still matters. This is exactly the kind of swing ColdHubs’ cold storage helps traders ride out profitably.
| 05 | THE MARKET FORECAST |
Our market outlook for the week.
Tomatoes:
↑ Increasing Price · Strong Demand
Pepper:
↑ Increasing Price · ↓ Continued Tight Supply
Spring Onions:
↑ Increasing Price · Rebound Continuing · Monitor Spoilage
Green Beans:
→ Stable Price · High Spoilage Risk
Carrots:
↑ Increasing Price · Sharp Gains In The South
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 — even as prices rise, spoiled stock earns nothing.
Tomatoes — HIGH RISK
With demand and prices both climbing, fast turnover or cold storage is key to capturing this week’s higher prices before quality declines.
| 07 | COLD CHAIN TIP OF THE WEEK |
Rising prices make cold storage even more valuable this week.
The economic value of cold storage is not simply about keeping food cold. It is about buying time — and this week, that time can mean capturing higher prices instead of being forced to sell in a hurry.
More time can mean:
- More selling options.
- Less pressure to accept distress prices.
- Less food waste — and more stock available to sell into a rising market.
| 08 | FROM THE EDITORIAL TEAM |
The ColdHubs Market Report and Forecast brings together market observations, weather intelligence and cold-chain insights to help stakeholders better understand the fresh produce ecosystem.
Are you a farmer, trader, buyer or into food business? What are you seeing in your market this week?
Share your market observations with us.
ColdHubs Limited
KEEPING IT FRESH