Nigeria Palm Oil Total Supply by Year
Market Year | Total Supply | 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 | 515 | (1000 MT) | 3.00% |
1976 | 511 | (1000 MT) | -0.78% |
1977 | 521 | (1000 MT) | 1.96% |
1978 | 513 | (1000 MT) | -1.54% |
1979 | 540 | (1000 MT) | 5.26% |
1980 | 622 | (1000 MT) | 15.19% |
1981 | 693 | (1000 MT) | 11.41% |
1982 | 651 | (1000 MT) | -6.06% |
1983 | 605 | (1000 MT) | -7.07% |
1984 | 630 | (1000 MT) | 4.13% |
1985 | 800 | (1000 MT) | 26.98% |
1986 | 670 | (1000 MT) | -16.25% |
1987 | 660 | (1000 MT) | -1.49% |
1988 | 710 | (1000 MT) | 7.58% |
1989 | 580 | (1000 MT) | -18.31% |
1990 | 670 | (1000 MT) | 15.52% |
1991 | 790 | (1000 MT) | 17.91% |
1992 | 810 | (1000 MT) | 2.53% |
1993 | 750 | (1000 MT) | -7.41% |
1994 | 740 | (1000 MT) | -1.33% |
1995 | 790 | (1000 MT) | 6.76% |
1996 | 770 | (1000 MT) | -2.53% |
1997 | 790 | (1000 MT) | 2.60% |
1998 | 900 | (1000 MT) | 13.92% |
1999 | 960 | (1000 MT) | 6.67% |
2000 | 918 | (1000 MT) | -4.37% |
2001 | 964 | (1000 MT) | 5.01% |
2002 | 1002 | (1000 MT) | 3.94% |
2003 | 1035 | (1000 MT) | 3.29% |
2004 | 1124 | (1000 MT) | 8.60% |
2005 | 1211 | (1000 MT) | 7.74% |
2006 | 1259 | (1000 MT) | 3.96% |
2007 | 1313 | (1000 MT) | 4.29% |
2008 | 1339 | (1000 MT) | 1.98% |
2009 | 1368 | (1000 MT) | 2.17% |
2010 | 1504 | (1000 MT) | 9.94% |
2011 | 1536 | (1000 MT) | 2.13% |
2012 | 1543 | (1000 MT) | 0.46% |
2013 | 1548 | (1000 MT) | 0.32% |
2014 | 1596 | (1000 MT) | 3.10% |
2015 | 1386 | (1000 MT) | -13.16% |
2016 | 1357 | (1000 MT) | -2.09% |
2017 | 1413 | (1000 MT) | 4.13% |
2018 | 1599 | (1000 MT) | 13.16% |
2019 | 1693 | (1000 MT) | 5.88% |
2020 | 1785 | (1000 MT) | 5.43% |
2021 | 1817 | (1000 MT) | 1.79% |
2022 | 1909 | (1000 MT) | 5.06% |
2023 | 1976 | (1000 MT) | 3.51% |
Source: United States Department of Agriculture
See also: Commodity prices
See also: Agricultural prices
See also: Commodities market
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