(In USD Current Price)
Year -
The import volume of margarine and shortening was 44.94 million kg, and the value was $60.25 million.
In 2022, Nigeria's import of margarine and shortening reached 44.94 million Kg, valued at $60.25 million. This represents a decrease, which is significant compared to the last import year, 2021, when imports were 46.88 million Kg worth $53.18 million. The net change from 2021 to 2022 shows a decrease of 1 Kg and a drop of $7.07 in value.
Ans1. Yes, Nigeria Imports Margarine and shortening.
Ans2. Nigeria has Imported Margarine and shortening for 23 years.
Explores the evolving trends in Nigeria's margarine-and-shortening imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Import of Margarine and shortening over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | - | - | - |
| 1963 | - | - | - |
| 1964 | - | - | - |
| 1965 | - | - | - |
| 1966 | - | - | - |
| 1967 | - | - | - |
| 1968 | - | - | - |
| 1969 | - | - | - |
| 1970 | - | - | - |
| 1971 | - | - | - |
| 1972 | - | - | - |
| 1973 | - | - | - |
| 1974 | - | - | - |
| 1975 | - | - | - |
| 1976 | - | - | - |
| 1977 | - | - | - |
| 1978 | - | - | - |
| 1979 | - | - | - |
| 1980 | - | - | - |
| 1981 | - | - | - |
| 1982 | - | - | - |
| 1983 | - | - | - |
| 1984 | - | - | - |
| 1985 | - | - | - |
| 1986 | - | - | - |
| 1987 | - | - | - |
| 1988 | - | - | - |
| 1989 | - | - | - |
| 1990 | - | - | - |
| 1991 | - | - | - |
| 1992 | - | - | - |
| 1993 | - | - | - |
| 1994 | - | - | - |
| 1995 | - | - | - |
| 1996 | - | - | - |
| 1997 | - | - | - |
| 1998 | - | - | - |
| 1999 | - | - | - |
| 2000 | 2,030,010.00 | 1.24 million | 1,239,000.00 |
| 2001 | 7,000,000.00 | 3.90 million | 3,900,000.00 |
| 2002 | 1,682,000.00 | 934.00 thousand | 934,000.00 |
| 2003 | 17,300,000.00 | 12.70 million | 12,700,000.00 |
| 2004 | 9,365,000.00 | 8.14 million | 8,137,000.00 |
| 2005 | 9,462,000.00 | 7.92 million | 7,915,000.00 |
| 2006 | 16,599,000.00 | 13.03 million | 13,027,000.00 |
| 2007 | 34,090,000.00 | 50.52 million | 50,518,000.00 |
| 2008 | 27,336,000.00 | 24.06 million | 24,055,000.00 |
| 2009 | 30,663,000.00 | 26.94 million | 26,942,000.00 |
| 2010 | 38,417,000.00 | 44.55 million | 44,549,000.00 |
| 2011 | 35,021,000.00 | 43.44 million | 43,443,000.00 |
| 2012 | 29,216,000.00 | 38.10 million | 38,095,000.00 |
| 2013 | 36,133,000.00 | 40.88 million | 40,880,000.00 |
| 2014 | 46,989,090.00 | 50.77 million | 50,765,000.00 |
| 2015 | 38,433,070.00 | 33.54 million | 33,536,000.00 |
| 2016 | 30,719,750.00 | 30.42 million | 30,422,000.00 |
| 2017 | 45,451,800.00 | 43.62 million | 43,621,000.00 |
| 2018 | 37,532,580.00 | 29.96 million | 29,956,000.00 |
| 2019 | 44,949,180.00 | 36.62 million | 36,622,000.00 |
| 2020 | 56,548,990.00 | 47.09 million | 47,090,000.00 |
| 2021 | 46,879,450.00 | 53.18 million | 53,182,000.00 |
| 2022 | 44,940,760.00 | 60.25 million | 60,253,000.00 |