Nigeria Palm Oil Production Annual Growth Rate
Market Year | Production | Unit of Measure | Growth Rate |
1964 | 537 | (1000 MT) | NA |
1965 | 517 | (1000 MT) | -3.72% |
1966 | 330 | (1000 MT) | -36.17% |
1967 | 371 | (1000 MT) | 12.42% |
1968 | 423 | (1000 MT) | 14.02% |
1969 | 457 | (1000 MT) | 8.04% |
1970 | 432 | (1000 MT) | -5.47% |
1971 | 457 | (1000 MT) | 5.79% |
1972 | 432 | (1000 MT) | -5.47% |
1973 | 483 | (1000 MT) | 11.81% |
1974 | 500 | (1000 MT) | 3.52% |
1975 | 510 | (1000 MT) | 2.00% |
1976 | 510 | (1000 MT) | 0.00% |
1977 | 515 | (1000 MT) | 0.98% |
1978 | 500 | (1000 MT) | -2.91% |
1979 | 520 | (1000 MT) | 4.00% |
1980 | 520 | (1000 MT) | 0.00% |
1981 | 525 | (1000 MT) | 0.96% |
1982 | 530 | (1000 MT) | 0.95% |
1983 | 540 | (1000 MT) | 1.89% |
1984 | 550 | (1000 MT) | 1.85% |
1985 | 600 | (1000 MT) | 9.09% |
1986 | 650 | (1000 MT) | 8.33% |
1987 | 640 | (1000 MT) | -1.54% |
1988 | 600 | (1000 MT) | -6.25% |
1989 | 500 | (1000 MT) | -16.67% |
1990 | 600 | (1000 MT) | 20.00% |
1991 | 630 | (1000 MT) | 5.00% |
1992 | 650 | (1000 MT) | 3.17% |
1993 | 600 | (1000 MT) | -7.69% |
1994 | 570 | (1000 MT) | -5.00% |
1995 | 590 | (1000 MT) | 3.51% |
1996 | 600 | (1000 MT) | 1.69% |
1997 | 650 | (1000 MT) | 8.33% |
1998 | 740 | (1000 MT) | 13.85% |
1999 | 760 | (1000 MT) | 2.70% |
2000 | 730 | (1000 MT) | -3.95% |
2001 | 760 | (1000 MT) | 4.11% |
2002 | 770 | (1000 MT) | 1.32% |
2003 | 780 | (1000 MT) | 1.30% |
2004 | 790 | (1000 MT) | 1.28% |
2005 | 800 | (1000 MT) | 1.27% |
2006 | 810 | (1000 MT) | 1.25% |
2007 | 820 | (1000 MT) | 1.23% |
2008 | 850 | (1000 MT) | 3.66% |
2009 | 850 | (1000 MT) | 0.00% |
2010 | 971 | (1000 MT) | 14.24% |
2011 | 970 | (1000 MT) | -0.10% |
2012 | 940 | (1000 MT) | -3.09% |
2013 | 880 | (1000 MT) | -6.38% |
2014 | 940 | (1000 MT) | 6.82% |
2015 | 955 | (1000 MT) | 1.60% |
2016 | 990 | (1000 MT) | 3.66% |
2017 | 1025 | (1000 MT) | 3.54% |
2018 | 1130 | (1000 MT) | 10.24% |
2019 | 1140 | (1000 MT) | 0.88% |
2020 | 1275 | (1000 MT) | 11.84% |
2021 | 1400 | (1000 MT) | 9.80% |
2022 | 1400 | (1000 MT) | 0.00% |
2023 | 1400 | (1000 MT) | 0.00% |
Source: United States Department of Agriculture
See also: Commodity prices
See also: Agricultural prices
See also: Commodities market
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