(In USD Current Price)
Year -
The import volume of palm oil was 313.40 million kg, and the value was $389.04 million.
In 2022, Nigeria's import of palm oil reached 313.40 million Kg, valued at $389.04 million. This represents a decrease, which is significant compared to the last import year, 2021, when imports were 326.74 million Kg worth $383.45 million. The net change from 2021 to 2022 shows a decrease of 13 Kg and a drop of $5.59 in value.
Ans1. Yes, Nigeria Imports Palm oil.
Ans2. Nigeria has Imported Palm oil for 43 years.
Explores the evolving trends in Nigeria's palm-oil imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Import of Palm oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | - | - | - |
| 1963 | - | - | - |
| 1964 | - | - | - |
| 1965 | - | - | - |
| 1966 | - | - | - |
| 1967 | - | - | - |
| 1968 | - | - | - |
| 1969 | - | - | - |
| 1970 | - | - | - |
| 1971 | - | - | - |
| 1972 | - | - | - |
| 1973 | - | - | - |
| 1974 | - | - | - |
| 1975 | - | - | - |
| 1976 | - | - | - |
| 1977 | 800,000.00 | 600.00 thousand | 600,000.00 |
| 1978 | 7,300,000.00 | 4.50 million | 4,500,000.00 |
| 1979 | 17,300,000.00 | 12.00 million | 12,000,000.00 |
| 1980 | 54,300,000.00 | 40.00 million | 40,000,000.00 |
| 1981 | 102,000,000.00 | 76.00 million | 76,000,000.00 |
| 1982 | 153,000,000.00 | 92.00 million | 92,000,000.00 |
| 1983 | 138,000,000.00 | 80.00 million | 80,000,000.00 |
| 1984 | 83,000,000.00 | 60.00 million | 60,000,000.00 |
| 1985 | 73,000,000.00 | 45.00 million | 45,000,000.00 |
| 1986 | 180,000,000.00 | 69.00 million | 69,000,000.00 |
| 1987 | 20,000,000.00 | 9.60 million | 9,600,000.00 |
| 1988 | 37,000.00 | 5.00 thousand | 5,000.00 |
| 1989 | - | - | - |
| 1990 | - | - | - |
| 1991 | - | - | - |
| 1992 | 5,119,000.00 | 1.75 million | 1,753,000.00 |
| 1993 | 9,680,000.00 | 5.68 million | 5,679,000.00 |
| 1994 | 41,600,000.00 | 20.30 million | 20,300,000.00 |
| 1995 | 3,190,000.00 | 1.82 million | 1,823,000.00 |
| 1996 | 117,200,000.00 | 93.76 million | 93,760,000.00 |
| 1997 | 119,000,000.00 | 95.00 million | 95,000,000.00 |
| 1998 | 83,000,000.00 | 66.00 million | 66,000,000.00 |
| 1999 | 92,000,000.00 | 73.60 million | 73,600,000.00 |
| 2000 | 102,600,000.00 | 97.50 million | 97,500,000.00 |
| 2001 | 169,200,000.00 | 169.00 million | 169,000,000.00 |
| 2002 | 210,000,000.00 | 208.00 million | 208,000,000.00 |
| 2003 | 190,000,000.00 | 190.00 million | 190,000,000.00 |
| 2004 | 265,500,000.00 | 279.00 million | 279,000,000.00 |
| 2005 | 306,800,000.00 | 343.60 million | 343,600,000.00 |
| 2006 | 400,000,000.00 | 454.00 million | 454,000,000.00 |
| 2007 | 580,000,000.00 | 671.00 million | 671,000,000.00 |
| 2008 | 700,000,000.00 | 812.00 million | 812,000,000.00 |
| 2009 | 720,000,000.00 | 936.00 million | 936,000,000.00 |
| 2010 | 780,000,000.00 | 1.00 billion | 1,000,000,000.00 |
| 2011 | 855,000,000.00 | 1.00 billion | 1,000,000,000.00 |
| 2012 | 903,300,000.00 | 1.13 billion | 1,130,000,000.00 |
| 2013 | 1,195,300,000.00 | 1.50 billion | 1,500,000,000.00 |
| 2014 | 1,646,500,000.00 | 2.06 billion | 2,058,125,000.00 |
| 2015 | 1,413,000,000.00 | 1.77 billion | 1,766,250,000.00 |
| 2016 | 1,153,000,000.00 | 1.44 billion | 1,441,250,000.00 |
| 2017 | 1,459,500,000.00 | 1.82 billion | 1,824,300,000.00 |
| 2018 | 1,225,500,000.00 | 1.53 billion | 1,531,854,000.00 |
| 2019 | 540,730,100.00 | 371.25 million | 371,249,000.00 |
| 2020 | 436,365,150.00 | 332.48 million | 332,482,000.00 |
| 2021 | 326,741,110.00 | 383.45 million | 383,450,000.00 |
| 2022 | 313,397,930.00 | 389.04 million | 389,035,000.00 |