(In USD Current Price)
Year -
The import volume of peanut oil was 7.17 thousand kg, and the value was $14.00 thousand.
In 2022, Nigeria's import of peanut oil reached 7.17 thousand Kg, valued at $14.00 thousand. This represents a decrease, which is significant compared to the last import year, 2021, when imports were 9.24 thousand Kg worth $24.00 thousand. The net change from 2021 to 2022 shows a decrease of 2 Kg and a drop of $10 in value.
Ans1. Yes, Nigeria Imports Peanut oil.
Ans2. Nigeria has Imported Peanut oil for 51 years.
Explores the evolving trends in Nigeria's peanut-oil imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Nigeria Import of Peanut oil over the last 61 Years.
| Year | Kg | US$ Abbv. | US$ |
|---|---|---|---|
| 1961 | - | - | - |
| 1962 | - | - | - |
| 1963 | 37,000.00 | 5.00 thousand | 5,000.00 |
| 1964 | 18,000.00 | 9.00 thousand | 9,000.00 |
| 1965 | 240,000.00 | 8.00 thousand | 8,000.00 |
| 1966 | 6,000.00 | 3.00 thousand | 3,000.00 |
| 1967 | 170,000.00 | 50.00 thousand | 50,000.00 |
| 1968 | 18,000.00 | 6.00 thousand | 6,000.00 |
| 1969 | 6,000.00 | 2.00 thousand | 2,000.00 |
| 1970 | 3,000.00 | 1.00 thousand | 1,000.00 |
| 1971 | 5,000.00 | 2.00 thousand | 2,000.00 |
| 1972 | 47,000.00 | 10.00 thousand | 10,000.00 |
| 1973 | 38,000.00 | 10.00 thousand | 10,000.00 |
| 1974 | 112,000.00 | 40.00 thousand | 40,000.00 |
| 1975 | 312,000.00 | 219.00 thousand | 219,000.00 |
| 1976 | 13,965,000.00 | 12.59 million | 12,588,000.00 |
| 1977 | 13,589,000.00 | 11.88 million | 11,881,000.00 |
| 1978 | 1,900,000.00 | 2.00 million | 2,000,000.00 |
| 1979 | 2,400,000.00 | 2.62 million | 2,624,000.00 |
| 1980 | 7,000,000.00 | 7.00 million | 7,000,000.00 |
| 1981 | 7,127,000.00 | 8.98 million | 8,981,000.00 |
| 1982 | 12,095,000.00 | 10.26 million | 10,260,000.00 |
| 1983 | 5,109,000.00 | 2.83 million | 2,834,000.00 |
| 1984 | 533,000.00 | 693.00 thousand | 693,000.00 |
| 1985 | 211,000.00 | 94.00 thousand | 94,000.00 |
| 1986 | 23,630,000.00 | 8.64 million | 8,640,000.00 |
| 1987 | - | - | - |
| 1988 | - | - | - |
| 1989 | - | - | - |
| 1990 | - | - | - |
| 1991 | - | - | - |
| 1992 | 2,442,000.00 | 1.29 million | 1,291,000.00 |
| 1993 | 32,140,000.00 | 15.17 million | 15,165,000.00 |
| 1994 | - | - | - |
| 1995 | - | - | - |
| 1996 | - | - | - |
| 1997 | 300,000.00 | 150.00 thousand | 150,000.00 |
| 1998 | 1,100,000.00 | 550.00 thousand | 550,000.00 |
| 1999 | - | - | - |
| 2000 | 200,000.00 | 100.00 thousand | 100,000.00 |
| 2001 | 50,000.00 | 30.00 thousand | 30,000.00 |
| 2002 | 2,000.00 | 2.00 thousand | 2,000.00 |
| 2003 | 500,000.00 | 300.00 thousand | 300,000.00 |
| 2004 | 600,000.00 | 400.00 thousand | 400,000.00 |
| 2005 | 600,000.00 | 450.00 thousand | 450,000.00 |
| 2006 | 600,000.00 | 500.00 thousand | 500,000.00 |
| 2007 | 600,000.00 | 550.00 thousand | 550,000.00 |
| 2008 | 800,000.00 | 800.00 thousand | 800,000.00 |
| 2009 | 600,000.00 | 700.00 thousand | 700,000.00 |
| 2010 | 600,000.00 | 750.00 thousand | 750,000.00 |
| 2011 | 500,000.00 | 500.00 thousand | 500,000.00 |
| 2012 | 200,000.00 | 200.00 thousand | 200,000.00 |
| 2013 | 200,000.00 | 210.00 thousand | 210,000.00 |
| 2014 | 200,000.00 | 200.00 thousand | 200,000.00 |
| 2015 | 200,000.00 | 200.00 thousand | 200,000.00 |
| 2016 | 200,000.00 | 200.00 thousand | 200,000.00 |
| 2017 | 11,450.00 | 27.00 thousand | 27,000.00 |
| 2018 | 6,800.00 | 17.00 thousand | 17,000.00 |
| 2019 | 7,430.00 | 18.00 thousand | 18,000.00 |
| 2020 | 17,960.00 | 30.00 thousand | 30,000.00 |
| 2021 | 9,240.00 | 24.00 thousand | 24,000.00 |
| 2022 | 7,170.00 | 14.00 thousand | 14,000.00 |