Groundnuts — Stock Variation in Nigeria

Nigeria: Groundnuts — Stock Variation was -155 1000 t in 2023. ◆ Volatile

Latest (2023)
-155 1000 t
Change on year
down 384.4%
World rank
177th
of 177 countries
All-time high
357 1000 t
in 2010
All-time low
-309 1000 t
in 2011
Years of data
14
2010–2023

Groundnuts — Stock Variation in Nigeria, 2010–2023

-400-20002004002010201620232010: 357 1000 t2011: -309 1000 t2012: 90 1000 t2013: -138 1000 t2014: 174 1000 t2015: 150 1000 t2016: 228 1000 t2017: 233 1000 t2018: 99 1000 t2019: -53 1000 t2020: -105 1000 t2021: -7 1000 t2022: -32 1000 t2023: -155 1000 t

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

Analysis

Nigeria recorded -155 1000 t for groundnuts — stock variation in 2023.

Compared with earlier readings it is down 384.4% on the previous year and down 12.3% over ten years.

Over the whole period, groundnuts — stock variation in Nigeria peaked at 357 1000 t in 2010 and was at its lowest, -309 1000 t, in 2011.

Nigeria ranks 177th of 177 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.1 1000 t -309 1000 t 357 1000 t 10
2020s -74.75 1000 t -155 1000 t -7 1000 t 4

Countries ranked near Nigeria

  1. 174 United Republic of Tanzania -25 1000 t compare
  2. 175 Angola -48 1000 t compare
  3. 176 Argentina -114 1000 t compare

See the full ranking of 208 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is groundnuts — stock variation in Nigeria?
Groundnuts — stock variation in Nigeria was -155 1000 t in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest groundnuts — stock variation recorded in Nigeria?
The highest recorded value was 357 1000 t in 2010.
What is the lowest groundnuts — stock variation recorded in Nigeria?
The lowest recorded value was -309 1000 t in 2011.
How does Nigeria rank for groundnuts — stock variation?
Nigeria ranks 177th out of 177 countries with data for 2023.
Is groundnuts — stock variation rising or falling in Nigeria?
Over the last ten years it is down 12.3%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Groundnuts — Stock Variation. 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
Groundnuts — Stock Variation
Unit
1000 t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
208 places, 2,804 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.