Earlier Report Observations
The Nigerian cottonseed oil-cake market volume fluctuated significantly between 2018 and 2021. Starting at 33.6 thousand tons in 2018, it remained stable through 2019 before dropping sharply to 28.1 thousand tons in 2020. The following year saw a dramatic rebound, with market volume surging to 47.6 thousand tons in 2021.
From 2022 onward, the market entered a phase of stabilization. Volume reached 48.6 thousand tons in 2022 and edged down slightly to 48.3 thousand tons in 2023. This period coincided with regional investments in oilseed processing, notably the expansion of Eni's facility in Kenya, which increased cottonseed processing capacity in East Africa. Globally, higher cotton production and the adoption of advanced extraction technologies supported processing activities, while post-pandemic supply chain adjustments and inflationary pressures contributed to the leveled-off demand.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Nigeria
- 5.1.1. Annual dynamics of production in Nigeria in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Nigeria in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Nigeria
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Nigeria in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Nigeria by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Nigeria in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Nigeria by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Nigeria, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Nigeria by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Nigeria in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Nigeria by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Nigeria in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Nigeria by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Nigeria, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Nigeria by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Nigeria in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Nigeria by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Nigeria in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Nigeria by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Nigeria, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Nigeria by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Nigeria in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Nigeria by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Nigeria in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Nigeria by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Nigeria, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Nigeria by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cottonseed oil-cake in Nigeria
In kind, 2017-2020, t
From 2017 to 2020, Nigeria ranked as the 26th largest producer of cottonseed oil-cake globally.
Top producers of cottonseed oil-cake, 2017-2020
World map of production of cottonseed oil-cake, 2017-2020
In 2020, Nigeria produced 28 067 tonnes of cottonseed oil-cake, marking an 18.4% decrease compared to the previous year. Over the 2017-2020 period, production declined by 19.3%, with a compound annual growth rate of -6.9%. The most significant increase occurred in 2019, at 2.4%.
Annual dynamics of production in Nigeria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.4%) | 2.4% | (18.4%) | (6.9%) |
Exports cottonseed oil-cake from Nigeria
Exports in kind, t
Annual dynamics of product's exports from Nigeria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Niger was the primary export partner for cottonseed oil-cake in kind, representing 100.0% of total exports.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Nigeria in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Nigeria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Throughout 2017-2020, Niger remained the dominant and nearly exclusive destination for Nigeria's cottonseed oil-cake exports in value terms, accounting for 100.0% of the total.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nigeria in value, 2017-2020
Imports cottonseed oil-cake to Nigeria
Imports in kind, t
In 2018, Nigeria's imports of cottonseed oil-cake in kind were 0.0 tonnes, a 100.0% decrease year-over-year.
Annual dynamics of product's imports to Nigeria in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (100.0%) | n/a | n/a | - |
From 2017 to 2020, the Netherlands was the leading and almost sole source for Nigeria's cottonseed oil-cake imports in kind, with a share of 100.0%.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Nigeria in kind, 2017-2020
Imports in value, K $ US
In 2018, Nigeria's imports of cottonseed oil-cake in value terms reached 0.3 thousand US dollars, reflecting a 99.2% drop compared to the previous year.
Annual dynamics of product's imports to Nigeria in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (99.2%) | n/a | n/a | - |
Throughout 2017-2020, Chad dominated Nigeria's import structure in value terms for cottonseed oil-cake, accounting for 99.2% of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Nigeria in value, 2017-2020
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