Groundnut Oil — Production in Nigeria

Nigeria: Groundnut Oil — Production was 391 1000 t in 2023. ▲ Rising

Latest (2023)
391 1000 t
Change on year
up 3.7%
World rank
4th
of 92 countries
All-time high
391 1000 t
in 2023
All-time low
273 1000 t
in 2014
Years of data
14
2010–2023

Groundnut Oil — Production in Nigeria, 2010–2023

01002003004002010201620232010: 286 1000 t2011: 288 1000 t2012: 300 1000 t2013: 313 1000 t2014: 273 1000 t2015: 327 1000 t2016: 331 1000 t2017: 341 1000 t2018: 364 1000 t2019: 375 1000 t2020: 364 1000 t2021: 364 1000 t2022: 377 1000 t2023: 391 1000 t

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 t.

Analysis

In 2023, groundnut oil — production in Nigeria stood at 391 1000 t. That is the highest value across all 14 years on record.

That represents a change of up 3.7% on the previous year and up 24.9% over ten years.

Over the whole period, groundnut oil — production in Nigeria peaked at 391 1000 t in 2023 and was at its lowest, 273 1000 t, in 2014.

That places Nigeria 4th out of 92 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 319.8 1000 t 273 1000 t 375 1000 t 10
2020s 374 1000 t 364 1000 t 391 1000 t 4

Countries ranked near Nigeria

  1. 1 China 1,854 1000 t compare
  2. 2 China, mainland 1,849 1000 t compare
  3. 3 India 779 1000 t compare
  4. 5 Myanmar 243 1000 t compare
  5. 6 Senegal 141 1000 t compare
  6. 7 Guinea 128 1000 t compare

See the full ranking of 122 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is groundnut oil — production in Nigeria?
Groundnut oil — production in Nigeria was 391 1000 t in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest groundnut oil — production recorded in Nigeria?
The highest recorded value was 391 1000 t in 2023.
What is the lowest groundnut oil — production recorded in Nigeria?
The lowest recorded value was 273 1000 t in 2014.
How does Nigeria rank for groundnut oil — production?
Nigeria ranks 4th out of 92 countries with data for 2023.
Is groundnut oil — production rising or falling in Nigeria?
Over the last ten years it is up 24.9%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Groundnut Oil — Production. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Groundnut Oil — Production
Unit
1000 t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
122 places, 1,619 data points, 2010–2023
Last refreshed

A food balance sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. The food balance sheet shows for each food item - i.e. each primary commodity and a number of processed commodities potentially available for human consumption - the sources of supply and its utilization. The total quantity of foodstuffs produced in a country added to the total quantity imported and adjusted to any change in stocks that may have occurred since the beginning of the reference period gives the supply available during that period. On the utilization side a distinction is made between the quantities exported, fed to livestock, used for seed, put to manufacture for food use and non-food uses, losses during storage and transportation, and food supplies available for human consumption. The per caput supply of each such food item available for human consumption is then obtained by dividing the respective quantity by the related data on the population actually partaking of it. Data on per capita food supplies are expressed in terms of quantity and - by applying appropriate food composition factors for all primary and processed products - also in terms of caloric value and protein and fat content.