Nigeria Import Volume of Soya bean oil
(In USD Current Price)
Year -
The import volume of soya bean oil was 5.21 thousand tonnes, and the value was $6.11 million.
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In 2024, Nigeria's import of soya bean oil reached 5.21 thousand tonnes, valued at $6.11 million. This represents an increase, which is significant compared to the last import year, 2023, when imports were 916 tonnes worth $1.37 million. The net change from 2023 to 2024 shows an increase of 4.30 thousand tonnes and a remarkable $4.74 million in value.
Q1. Does Nigeria Import Soya bean oil?
Ans1. Yes, Nigeria Imports Soya bean oil.
Q2. How Many Years Does Nigeria Import Soya bean oil?
Ans2. Nigeria has Imported Soya bean oil for 49 years.
Nigeria's Import of Soya bean oil: Annual Trends
Explores the evolving trends in Nigeria's soya-bean-oil imports, offering a detailed analysis of annual changes in the sector.
- In 2024: 5,213.59 tonnes of soya bean oil import, valued at $6.11 million.
- In 2023: 915.66 tonnes of soya bean oil import, valued at $1.37 million.
- In 2022: 12,039.65 tonnes of soya bean oil import, valued at $21.45 million.
- In 2021: 235.37 tonnes of soya bean oil import, valued at $408.00 thousand.
- In 2020: 221.15 tonnes of soya bean oil import, valued at $221.00 thousand.
- In 2019: 1,231.50 tonnes of soya bean oil import, valued at $1.25 million.
- In 2018: 353.64 tonnes of soya bean oil import, valued at $432.00 thousand.
- In 2017: 873.00 tonnes of soya bean oil import, valued at $972.00 thousand.
- In 2016: 400.00 tonnes of soya bean oil import, valued at $400.00 thousand.
- In 2015: 500.00 tonnes of soya bean oil import, valued at $500.00 thousand.
Nigeria Import of Soya bean oil Annually
Explore the Volume and Price trend of Nigeria Import of Soya bean oil over the last 63 Years.
| Year | Import Quantity | Import Value | ||
|---|---|---|---|---|
| Tonnes | Kg | US$ Abbr. | US$ | |
| 1975 | 597.00 | 597,000.00 | 507.00 thousand | 507,000.00 |
| 1976 | 817.00 | 817,000.00 | 561.00 thousand | 561,000.00 |
| 1977 | 70,777.00 | 70,777,000.00 | 42.00 million | 42,000,000.00 |
| 1978 | 61,000.00 | 61,000,000.00 | 36.00 million | 36,000,000.00 |
| 1979 | 55,000.00 | 55,000,000.00 | 30.00 million | 30,000,000.00 |
| 1980 | 60,000.00 | 60,000,000.00 | 40.00 million | 40,000,000.00 |
| 1981 | 22,900.00 | 22,900,000.00 | 14.00 million | 14,000,000.00 |
| 1982 | 70,300.00 | 70,300,000.00 | 40.80 million | 40,800,000.00 |
| 1983 | 45,900.00 | 45,900,000.00 | 22.30 million | 22,300,000.00 |
| 1984 | 10,000.00 | 10,000,000.00 | 8.00 million | 8,000,000.00 |
| 1985 | 3,000.00 | 3,000,000.00 | 2.25 million | 2,250,000.00 |
| 1986 | 8,000.00 | 8,000,000.00 | 5.60 million | 5,600,000.00 |
| 1987 | 1,000.00 | 1,000,000.00 | 710.00 thousand | 710,000.00 |
| 1988 | 5.00 | 5,000.00 | 22.00 thousand | 22,000.00 |
| 1989 | 36.00 | 36,000.00 | 40.00 thousand | 40,000.00 |
| 1991 | 12,542.00 | 12,542,000.00 | 2.82 million | 2,822,000.00 |
| 1992 | 1,450.00 | 1,450,000.00 | 615.00 thousand | 615,000.00 |
| 1993 | 1,531.00 | 1,531,000.00 | 721.00 thousand | 721,000.00 |
| 1994 | 100.00 | 100,000.00 | 90.00 thousand | 90,000.00 |
| 1995 | 32.00 | 32,000.00 | 39.00 thousand | 39,000.00 |
| 1996 | 2,004.00 | 2,004,000.00 | 1.12 million | 1,120,000.00 |
| 1997 | 70.00 | 70,000.00 | 70.00 thousand | 70,000.00 |
| 1998 | 1,913.00 | 1,913,000.00 | 1.60 million | 1,600,000.00 |
| 1999 | 3,850.00 | 3,850,000.00 | 1.81 million | 1,810,000.00 |
| 2000 | 167.60 | 167,600.00 | 80.00 thousand | 80,000.00 |
| 2001 | 800.00 | 800,000.00 | 400.00 thousand | 400,000.00 |
| 2002 | 1,700.00 | 1,700,000.00 | 900.00 thousand | 900,000.00 |
| 2003 | 2,600.00 | 2,600,000.00 | 1.50 million | 1,500,000.00 |
| 2004 | 1,400.00 | 1,400,000.00 | 850.00 thousand | 850,000.00 |
| 2005 | 300.00 | 300,000.00 | 200.00 thousand | 200,000.00 |
| 2006 | 400.00 | 400,000.00 | 290.00 thousand | 290,000.00 |
| 2007 | 421.00 | 421,000.00 | 526.00 thousand | 526,000.00 |
| 2008 | 1,400.00 | 1,400,000.00 | 1.20 million | 1,200,000.00 |
| 2009 | 2,500.00 | 2,500,000.00 | 2.50 million | 2,500,000.00 |
| 2010 | 331.00 | 331,000.00 | 446.00 thousand | 446,000.00 |
| 2011 | 4,500.00 | 4,500,000.00 | 3.29 million | 3,292,000.00 |
| 2012 | 400.00 | 400,000.00 | 400.00 thousand | 400,000.00 |
| 2013 | 800.00 | 800,000.00 | 800.00 thousand | 800,000.00 |
| 2014 | 500.00 | 500,000.00 | 500.00 thousand | 500,000.00 |
| 2015 | 500.00 | 500,000.00 | 500.00 thousand | 500,000.00 |
| 2016 | 400.00 | 400,000.00 | 400.00 thousand | 400,000.00 |
| 2017 | 873.00 | 873,000.00 | 972.00 thousand | 972,000.00 |
| 2018 | 353.64 | 353,640.00 | 432.00 thousand | 432,000.00 |
| 2019 | 1,231.50 | 1,231,500.00 | 1.25 million | 1,247,000.00 |
| 2020 | 221.15 | 221,150.00 | 221.00 thousand | 221,000.00 |
| 2021 | 235.37 | 235,370.00 | 408.00 thousand | 408,000.00 |
| 2022 | 12,039.65 | 12,039,650.00 | 21.45 million | 21,450,000.00 |
| 2023 | 915.66 | 915,660.00 | 1.37 million | 1,372,000.00 |
| 2024 | 5,213.59 | 5,213,590.00 | 6.11 million | 6,114,000.00 |