Fish Feed Price in Nigeria 2025

As a fish farmer, you will realise that the constant increase in the price of fish feed in the country has made it difficult to keep pace with production. According to reliable reports, the increase in aquaculture and fish production raw materials has been over 20%.

Fish Feed Price In Nigeria 2020

 

One peculiar thing to note about the fish farming business is that fish feed consumes a lot of money spent in the market. Every successful fish farmer knows this. The bolded ‘successful’ entails that in a failing fish farming business, especially in Nigeria, the owners would instead invest in other expenses and waste funds on overstaffing and other irrelevant aspects.

It’s not just about establishing a fish farm but, most importantly, getting the right type of fish feed.

Know your budget expenses, and you will discover that fish feed takes up a massive chunk of the costs. Keeping your fish feed budget will aid your fish farming business.

That will enable you to make some choices related to fish feed spending. Before taking a look at the fish feed price in Nigeria, let’s explore some factors:

Read: Tips to Spending on Holidays Without Breaking the Bank

  • Your fish, to have a better chance of faster growth, must be fed adequately.
  • The better you feed your fish, the better it looks and grows.
  • If your fish is not properly fed, it will have stunted growth. This relates to your feed conversation ratio.
  • The feed-the-conversation ratio shows how much money your fish farm will make.
  • The more good feed your fish consumes, the better they grow.

Read: Getting a Head start in the New Year

Understanding the concept of the Feed conversation ratio will enable you to increase the profitability of the feed fish.

Fish Feed Prices in Nigeria

The prices of fish feed in Nigeria vary tremendously. Some fish feeds are cheaper, while some are expensive. The critical questions are: ‘Are all fish feeds capable of producing the same results?’ and’ Are some fish feeds better than others?’

There are many fish feeds in Nigeria. This post will discuss some aspects of them. We need to emphasise that a lot of fish feed in Nigeria is packed in a bag that weighs 15kg.

Read: 5 Causes of Business Failure in Nigeria

Foreign Fish Feeds

A lot of foreign fish feeds are replete in the Nigerian market. Some of them are:

  • Durante Fish feeds
  • Aller Aqua Fish feed
  • Coppens Fish feed.

The fish you rear in your fish farm must determine the type of fish feed you will use.

Local Fish Feed

On the same note, a lot of fish feeds are produced locally in Nigeria. Some common brands are:

Prices of Local Fish Feed in Nigeria

Local fish feeds are made in Nigeria, by the fish customers. The local feed mill is the machinery in which they use to formulate their fish feed.

Fish Feeds Price

 

Brand / ProductPrice (₦)
Raanan Feed7,500
Coppens Feed 45,500
Aqualis Feed6,700 – 10,300
Topfeed9,100 – 12,500
Vital Feed11,299 – 30,067
Skretting Feed12,900 – 58,500
Pelletised Feed Funsab17,500
Ecofloat Fish Feed20,000 – 27,000
Prime Feed22,000 – 35,000
Bluecrown / Blue Crown Fish Feed21,000 – 35,000
Aller Aqua Feed26,000 – 72,000
Fishmeal 65% Norway Bag45,000
VMAX Fishmeal 72%110,000
Fishmeal FF 72% Bag295,000
Dadakana Booster Fish Feed19,500
Topka Fish Feed (100g)6,000
High Quality Fishmeal72,000
Local Fish Feed1,100
Aqualis Starter Cat Fish Feed (1mm)31,800
Crown Fish Feed30,000
Majorkings Feeds16,000
Altech Coppens69,700
Tiddo Feeds (2mm to 9mm)28,400
Micromix Fish Feed Action Premix (5kg)8,500
Skretting, Blue Crown, Etc (mixed brands)28,500
Fish Feed for All Aquarium Fishes30,000
Local Sinking Fish Feed (Fully Digestible)17,800
Fish Feed Catfish (Blue Crown)29,400
Coppens Fish Feeds (alternate listing)44,000

It’s also pertinent to note that catfish and tilapia feed prices in Nigeria range from three thousand naira (N3,000) to twelve thousand naira (N12,000), depending on the brand.

 


How Much Does it Cost to Start a Fish Farm in 2025

A fish farm is lucrative, and a lot of people are interested in starting a fish farm this year. However, it is important to know the expenses involved before setting it up. The following are some of the costs you’d have to consider:

Pond Rentage

The cost revolves around which ponding system you will use to rear your fish. You might want to purchase or rent. Regardless of this, you must prepare expenses for renting a pond.

Juvenile procurement

Fish juveniles can either be bought from breeders or self-bred. It costs 20–40 naira.

Feed

You must calculate the cost of fish feed, whether conventional or non-conventional. The guide above will help you.

Labour cost

If you plan to employ a worker or workers, it must be included in the overall expenses. Their wages or salaries should be in line with the present economic situation.

Cost of logistics

Your expenses should include the cost of logistics, which includes transport fares and manpower costs.

Security

If you will not be there to monitor your pond or if you live in a highly secure area, it is better to pay for security services to watch over it, especially at night.


Sample of Fish Farm Cost Analysis

Sample of Fish Farm Cost Analysis

Detail of ExpenditureCost Value (Naira)
Pond rentage for six months (for 1,000 juveniles)14,000
Pond preparation (applicable to earthen pond only)11,000
Netting (including workmanship)6,000
Procurement of juveniles (N25 each; between 6 and 10 grams)27,000
Feeds (floating all-through): 74 bags at a conversion ratio of 1.2:1kg. (A bag will cost N6,000.)494,000
Cost of feeding (assume N2,000 monthly for five months)13,000
Cost of logistics (assume N2,000 monthly for five months)15,000
Security (assume N1,000 monthly for five months)7,000
Cost of medication (optional)5,000
Cost of Cropping6,000
TOTAL560,000 (Estimated)

Factors Influencing Fish Feed Prices in Nigeria

 

High Cost of Raw Materials

Fish feed production relies on raw materials like maize, soybean, fishmeal, and cassava. In Nigeria, the prices of these ingredients have surged due to increased demand, limited supply, and inflation. For instance, maize and soybean, essential components of fish feed, are also staples in human diets and livestock feed, leading to competition for these resources.

 

Rising Raw Material Costs

The fish feed industry in Nigeria is facing rising costs as staple inputs—maize, soybean, fishmeal, and cassava—become more expensive amid inflation and limited availability.

For example, both maize and soybean serve as crucial inputs for fish feed as well as for human consumption and animal feed, intensifying demand and resource competition.

 

Import Reliance

Although Nigeria is a leading agricultural nation, it relies heavily on imported fish feed. Countless local producers rely on foreign-sourced additives, fishmeal, and premixes to boost the quality of their goods.

The depreciation of the naira and unstable forex rates have driven up the cost of imported inputs. Import levies, freight charges, and logistical bottlenecks compound the problem, inflating the price of domestically manufactured fish feed.

 

Inflation and Economic Instability

Nigeria’s economy has encountered enduring difficulties, such as soaring inflation and erratic fiscal measures. These factors directly influence the price of goods and services, such as fish feed. Inflation increases transportation, packaging, and production expenses for feed producers, ultimately raising costs for buyers.

FAQ

 

What is Blue Crown fish feed price in Nigeria

Blue Crown fish feed costs around ₦13,300.00 – ₦15,700.00, depending on the size.

Blue Crown feed is a top choice for Nigerian fish farmers. It is made in Nigeria using an innovative extruding approach. It is enriched with all the nutrients that guarantee a healthy and high fish yield.

What is Skretting fish feed price in Nigeria

Skretting is a popular aquaculture brand and is known for providing sustainable nutritional solutions for the Nigerian fish farming industry.

Here are the prices for skretting fish feed:

  • 2mm 10,400
  • 3mm 10,200
  • 0.7mm #7900
  • 1mm #7,700
  • 1.8mm #7000

What are Catfish Feed Prices in Nigeria?

The cost of catfish in Nigeria varies. For instance, a 15kg bag can cost from ₦6,500 to ₦12,000. Another factor that affects the cost of Catfish feed is whether it is a local or popular brand. Local brands are cheaper than popular brands.

You cannot copy content of this page