Margarine (solid) imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported margarine (solid) worth $36.4 million (34.8 thousand tonnes). Its share of world imports was 2%. Value fell 20% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $52.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $36.4M | 34.8K t |
| 2023 | $45.2M | 43.8K t |
| 2022 | $50.3M | 47.0K t |
| 2021 | $52.8M | 51.1K t |
| 2020 | $42.0M | 56.5K t |
| 2019 | $32.6M | 48.0K t |
| 2018 | $26.7M | 37.5K t |
| 2017 | $31.1M | 39.4K t |
Where Nigeria imports margarine (solid) from
Indonesia alone supplied 56% of it. Among the main suppliers, Ghana grew fastest (+85% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Indonesia | $20.5M | 56% |
| Netherlands | $7.0M | 19% |
| Ghana | $5.5M | 15% |
| China | $1.6M | 4.3% |
| United Kingdom | $654K | 1.8% |
| Turkey | $452K | 1.2% |
| Malaysia | $307K | 0.8% |
| France | $128K | 0.4% |
| Belgium | $79K | 0.2% |
| Poland | $34K | 0.1% |
Average import price per kg
The average declared value was about $1.05 per kg, 40% below the world average of $1.76, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Margarine (solid) exports from Nigeria
Nigeria exported $314 thousand of margarine (solid) in 2024 (70 tonnes). France alone took 81% of it. Among the main buyer markets, Italy grew fastest (+440% on the year before).
| Destination | Value | Share |
|---|---|---|
| France | $255K | 81% |
| Italy | $38K | 12% |
| United States | $14K | 4.4% |
| United Kingdom | $4K | 1.4% |
| Niger | $1K | 0.3% |
| Canada | $1K | 0.3% |
| Finland | $1K | 0.2% |
| Spain | $0K | 0% |
| Belgium | $0K | 0% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria margarine (solid) imports (HS 1517.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1517.10: Margarine: excluding liquid margarine.
Common questions
What is the value of margarine (solid) imported by Nigeria?
Nigeria imported margarine (solid) worth $36.4 million in 2024, the latest year with complete public data, about 34.8 thousand tonnes. That ranks it 13th of 218 countries worldwide, with 2% of world imports. The value was down 20% on 2023.
Which countries supply margarine (solid) to Nigeria?
Indonesia was the largest supplier with 56% of the value ($20.5 million), followed by the Netherlands (19%) and Ghana (15%). The top three together account for 91%, out of 16 supplier countries in total. France grew fastest among the top ten, up 284% on the year.
What is the average import price of margarine (solid) per kg?
The average declared import value was about $1.05 per kg in 2024, 40% below the world average of $1.76 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of margarine (solid) to Nigeria changed since 2017?
Imports went from $31.1 million in 2017 to $36.4 million in 2024, an increase of 17%. The peak was 2021 at $52.8 million. Over 8 years the average was $39.6 million a year.
Does Nigeria also export margarine (solid)?
Yes. Nigeria exported $314 thousand worth of this product in 2024, mainly to France, Italy and the United States. On balance Nigeria is a net importer of this product, by about $36.1 million a year.
What is the HS code for margarine (solid)?
The HS code for margarine (solid) is subheading 1517.10. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1517 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Nigeria. Tell us your product to see it live.
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