Nigeria Palm Oil Consumption is set to reach 1,440 Thousand Metric Tons by 2026 from 1,380 Thousand Metric Tons 2021, fell by 0.2% per year. Since 2017, the demand was up 0.6% year on year totalising 17,310 Thousand Metric Tons. The country ranked number 4 in 2021, Indonesia came ahead 1,380 Thousand Metric Tons. India, Indonesia and Nigeria respectively came in numbers 2, 3 and 4 in this ranking.
How does Nigeria rank in Palm Oil Market Size Volume?
| # | 80 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,930 | 2023 | -0.31% | -0.54% | View data |
| 2 | 2 India | 2,470 | 2023 | +2.11% | +2.18% | View data |
| 3 | 3 Indonesia | 1,560 | 2023 | +1.49% | +0.39% | View data |
| 4 | 4 Nigeria | 1,410 | 2023 | +0.79% | +0.19% | |
| 5 | 5 Pakistan | 848 | 2023 | +2.17% | +2.05% | View data |
| 6 | 6 Brazil | 615 | 2023 | +0.99% | +0.83% | View data |
