Palm Oil — Losses in Nigeria

Nigeria: Palm Oil — Losses was 63 1000 t in 2023. ▲ Rising

Latest (2023)
63 1000 t
Change on year
up 12.5%
World rank
4th
of 10 countries
All-time high
77 1000 t
in 2014
All-time low
50 1000 t
in 2021
Years of data
14
2010–2023

Palm Oil — Losses in Nigeria, 2010–2023

0204060802010201620232010: 53 1000 t2011: 54 1000 t2012: 55 1000 t2013: 62 1000 t2014: 77 1000 t2015: 71 1000 t2016: 63 1000 t2017: 75 1000 t2018: 71 1000 t2019: 75 1000 t2020: 75 1000 t2021: 50 1000 t2022: 56 1000 t2023: 63 1000 t

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

Analysis

In 2023, palm oil — losses in Nigeria stood at 63 1000 t.

The figure is up 12.5% on the previous year and up 1.6% over ten years.

Over the whole period, palm oil — losses in Nigeria peaked at 77 1000 t in 2014 and was at its lowest, 50 1000 t, in 2021.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 65.6 1000 t 53 1000 t 77 1000 t 10
2020s 61 1000 t 50 1000 t 75 1000 t 4

Countries ranked near Nigeria

  1. 1 China, mainland 113 1000 t compare
  2. 1 China 113 1000 t compare
  3. 3 Malaysia 97 1000 t compare
  4. 5 Guatemala 14 1000 t compare
  5. 6 Cameroon 13 1000 t compare
  6. 7 Papua New Guinea 7 1000 t compare
  7. 7 Melanesia 7 1000 t compare

See the full ranking of 27 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is palm oil — losses in Nigeria?
Palm oil — losses in Nigeria was 63 1000 t in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest palm oil — losses recorded in Nigeria?
The highest recorded value was 77 1000 t in 2014.
What is the lowest palm oil — losses recorded in Nigeria?
The lowest recorded value was 50 1000 t in 2021.
How does Nigeria rank for palm oil — losses?
Nigeria ranks 4th out of 10 countries with data for 2023.
Is palm oil — losses rising or falling in Nigeria?
Over the last ten years it is up 1.6%. 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 Palm Oil — Losses. Statizoid updates them automatically from the source API.

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Palm Oil — Losses in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 August 2026, from https://agriculture.statizoid.com/stat/palm-oil-losses/nigeria/

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About this data

Indicator
Palm Oil — Losses
Unit
1000 t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
27 places, 315 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.