(In USD Current Price)
Year -
The import volume of olive oil was 654.54 thousand kg, and the value was $4.95 million.
In 2022, Nigeria's import of olive oil reached 654.54 thousand Kg, valued at $4.95 million. This represents a decrease, which is significant compared to the last import year, 2021, when imports were 893.81 thousand Kg worth $6.01 million. The net change from 2021 to 2022 shows a decrease of 239 Kg and a drop of $1 in value.
Ans1. Yes, Nigeria Imports Olive oil.
Ans2. Nigeria has Imported Olive oil for 40 years.
Explores the evolving trends in Nigeria's olive-oil imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Import of Olive oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | - | - | - |
| 1963 | - | - | - |
| 1964 | - | - | - |
| 1965 | - | - | - |
| 1966 | - | - | - |
| 1967 | - | - | - |
| 1968 | - | - | - |
| 1969 | - | - | - |
| 1970 | - | - | - |
| 1971 | - | - | - |
| 1972 | - | - | - |
| 1973 | - | - | - |
| 1974 | - | - | - |
| 1975 | - | - | - |
| 1976 | - | - | - |
| 1977 | - | - | - |
| 1978 | - | - | - |
| 1979 | 5,000,000.00 | 6.00 million | 6,000,000.00 |
| 1980 | 500,000.00 | 750.00 thousand | 750,000.00 |
| 1981 | 150,000.00 | 250.00 thousand | 250,000.00 |
| 1982 | 180,000.00 | 270.00 thousand | 270,000.00 |
| 1983 | 150,000.00 | 210.00 thousand | 210,000.00 |
| 1984 | - | - | - |
| 1985 | - | - | - |
| 1986 | 230,000.00 | 700.00 thousand | 700,000.00 |
| 1987 | 20,000.00 | 100.00 thousand | 100,000.00 |
| 1988 | - | - | - |
| 1989 | 5,000.00 | 18.00 thousand | 18,000.00 |
| 1990 | 6,000.00 | 12.00 thousand | 12,000.00 |
| 1991 | 15,000.00 | 32.00 thousand | 32,000.00 |
| 1992 | 51,000.00 | 69.00 thousand | 69,000.00 |
| 1993 | 10,000.00 | 23.00 thousand | 23,000.00 |
| 1994 | 70,000.00 | 320.00 thousand | 320,000.00 |
| 1995 | - | - | - |
| 1996 | 20,000.00 | 130.00 thousand | 130,000.00 |
| 1997 | 60,000.00 | 390.00 thousand | 390,000.00 |
| 1998 | 80,000.00 | 520.00 thousand | 520,000.00 |
| 1999 | 200,000.00 | 1.30 million | 1,300,000.00 |
| 2000 | 92,300.00 | 128.00 thousand | 128,000.00 |
| 2001 | 100,000.00 | 650.00 thousand | 650,000.00 |
| 2002 | 400,000.00 | 2.60 million | 2,600,000.00 |
| 2003 | 600,000.00 | 3.90 million | 3,900,000.00 |
| 2004 | 400,000.00 | 2.60 million | 2,600,000.00 |
| 2005 | 500,000.00 | 3.65 million | 3,650,000.00 |
| 2006 | 500,000.00 | 3.70 million | 3,700,000.00 |
| 2007 | 255,000.00 | 1.60 million | 1,599,000.00 |
| 2008 | 408,000.00 | 1.63 million | 1,627,000.00 |
| 2009 | 700,000.00 | 3.15 million | 3,150,000.00 |
| 2010 | 725,000.00 | 5.58 million | 5,581,000.00 |
| 2011 | 1,140,000.00 | 8.39 million | 8,390,000.00 |
| 2012 | 1,734,000.00 | 10.81 million | 10,809,000.00 |
| 2013 | 1,500,000.00 | 10.50 million | 10,500,000.00 |
| 2014 | 2,086,860.00 | 13.63 million | 13,632,000.00 |
| 2015 | 960,650.00 | 6.89 million | 6,894,000.00 |
| 2016 | 862,000.00 | 5.94 million | 5,942,000.00 |
| 2017 | 769,700.00 | 5.93 million | 5,934,000.00 |
| 2018 | 836,100.00 | 6.09 million | 6,090,000.00 |
| 2019 | 1,082,840.00 | 6.80 million | 6,798,000.00 |
| 2020 | 824,590.00 | 4.62 million | 4,623,000.00 |
| 2021 | 893,810.00 | 6.01 million | 6,010,000.00 |
| 2022 | 654,540.00 | 4.95 million | 4,951,000.00 |