Nigeria Import Volume of Margarine and shortening
(In USD Current Price)
Year -
The import volume of margarine and shortening was 30.76 thousand tonnes, and the value was $35.06 million.
In 2024, Nigeria's import of margarine and shortening reached 30.76 thousand tonnes, valued at $35.06 million. This represents a decrease, which is significant compared to the last import year, 2023, when imports were 38.86 thousand tonnes worth $45.18 million. The net change from 2023 to 2024 shows a decrease of 8.10 thousand tonnes and a drop of $10.12 million in value.
Ans1. Yes, Nigeria Imports Margarine and shortening.
Ans2. Nigeria has Imported Margarine and shortening for 25 years.
Nigeria's Import of Margarine and shortening: Annual Trends
Explores the evolving trends in Nigeria's margarine-and-shortening imports, offering a detailed analysis of annual changes in the sector.
- In 2024: 30,759.11 tonnes of margarine and shortening import, valued at $35.06 million.
- In 2023: 38,862.77 tonnes of margarine and shortening import, valued at $45.18 million.
- In 2022: 46,872.02 tonnes of margarine and shortening import, valued at $61.78 million.
- In 2021: 51,145.14 tonnes of margarine and shortening import, valued at $59.01 million.
- In 2020: 56,548.99 tonnes of margarine and shortening import, valued at $47.09 million.
- In 2019: 44,949.18 tonnes of margarine and shortening import, valued at $36.62 million.
- In 2018: 37,532.58 tonnes of margarine and shortening import, valued at $29.96 million.
- In 2017: 45,451.80 tonnes of margarine and shortening import, valued at $43.62 million.
- In 2016: 30,719.75 tonnes of margarine and shortening import, valued at $30.42 million.
- In 2015: 38,433.07 tonnes of margarine and shortening import, valued at $33.54 million.
Nigeria Import of Margarine and shortening Annually
Explore the Volume and Price trend of Nigeria Import of Margarine and shortening over the last 63 Years.
| Year | Import Quantity | Import Value | ||
|---|---|---|---|---|
| Tonnes | Kg | US$ Abbr. | US$ | |
| 2000 | 2,030.01 | 2,030,010.00 | 1.24 million | 1,239,000.00 |
| 2001 | 7,000.00 | 7,000,000.00 | 3.90 million | 3,900,000.00 |
| 2002 | 1,682.00 | 1,682,000.00 | 934.00 thousand | 934,000.00 |
| 2003 | 17,300.00 | 17,300,000.00 | 12.70 million | 12,700,000.00 |
| 2004 | 9,365.00 | 9,365,000.00 | 8.14 million | 8,137,000.00 |
| 2005 | 9,462.00 | 9,462,000.00 | 7.92 million | 7,915,000.00 |
| 2006 | 16,599.00 | 16,599,000.00 | 13.03 million | 13,027,000.00 |
| 2007 | 34,090.00 | 34,090,000.00 | 50.52 million | 50,518,000.00 |
| 2008 | 27,336.00 | 27,336,000.00 | 24.06 million | 24,055,000.00 |
| 2009 | 30,663.00 | 30,663,000.00 | 26.94 million | 26,942,000.00 |
| 2010 | 38,417.00 | 38,417,000.00 | 44.55 million | 44,549,000.00 |
| 2011 | 35,021.00 | 35,021,000.00 | 43.44 million | 43,443,000.00 |
| 2012 | 29,216.00 | 29,216,000.00 | 38.10 million | 38,095,000.00 |
| 2013 | 36,133.00 | 36,133,000.00 | 40.88 million | 40,880,000.00 |
| 2014 | 46,989.09 | 46,989,090.00 | 50.77 million | 50,765,000.00 |
| 2015 | 38,433.07 | 38,433,070.00 | 33.54 million | 33,536,000.00 |
| 2016 | 30,719.75 | 30,719,750.00 | 30.42 million | 30,422,000.00 |
| 2017 | 45,451.80 | 45,451,800.00 | 43.62 million | 43,621,000.00 |
| 2018 | 37,532.58 | 37,532,580.00 | 29.96 million | 29,956,000.00 |
| 2019 | 44,949.18 | 44,949,180.00 | 36.62 million | 36,622,000.00 |
| 2020 | 56,548.99 | 56,548,990.00 | 47.09 million | 47,090,000.00 |
| 2021 | 51,145.14 | 51,145,140.00 | 59.01 million | 59,007,000.00 |
| 2022 | 46,872.02 | 46,872,020.00 | 61.78 million | 61,780,000.00 |
| 2023 | 38,862.77 | 38,862,770.00 | 45.18 million | 45,175,000.00 |
| 2024 | 30,759.11 | 30,759,110.00 | 35.06 million | 35,056,000.00 |