Nigeria Soybean Oil Consumption is set to reach 89.14 Thousand Metric Tons by 2027 from 86 Thousand Metric Tons 2022, was up 1.8% per year. Since 2018, the demand jumped by 0.9% year on year reaching 23,400 Thousand Metric Tons. The country came in number 31 in 2022, Angola came ahead 86 Thousand Metric Tons. China, India and Brazil respectively were numbers 2, 3 and 4 in this ranking.
How does Nigeria rank in Soybean Oil Market Size Volume?
| # | 113 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 4,520 | 2023 | +0.29% | +0.22% | View data |
| 2 | 2 China | 4,130 | 2023 | +1.23% | +1.14% | View data |
| 3 | 3 India | 3,040 | 2023 | +1.13% | +1.85% | View data |
| 4 | 4 Brazil | 2,710 | 2023 | +0.37% | +0.36% | View data |
| 5 | 5 Iran | 600 | 2023 | +0.67% | +0.47% | View data |
| 31 | 31 Peru | 88 | 2023 | 0% | +0.93% | View data |
| 32 | 32 Malaysia | 87 | 2023 | +2.35% | +2.21% | View data |
| 33 | 33 Nigeria | 86 | 2023 | 0% | +1.46% | |
| 34 | 34 Cuba | 82 | 2023 | 0% | 0% | View data |
| 35 | 35 Guatemala | 79 | 2023 | 0% | +0.51% | View data |
