FAS Lagos forecasts Nigeria’s MY 2019/20 palm oil production to reach 1.14 MMT, up 12 percent compared to the previous year. Nigeria has the potential to become a significant market for oilseeds, oil meals, and oils for domestic and industrial consumption. Nigeria: Oilseeds and Products Annual
Which countries produce grapeseed oil?
France, Italy, Spain, Bulgaria, and the United States (especially California) are prominent producers of grapeseed oil, given their extensive vineyards. Other countries like Argentina, Australia, and South Africa also contribute to the global production of this oil due to their vibrant wine industries.
Can Nigeria become a major oil market?
Nigeria has the potential to become a significant market for oilseeds, oil meals, and oils for domestic and industrial consumption. Nigeria: Oilseeds and Products Annual Insight and analysis from FAS’s overseas offices on issues affecting agricultural production and trade.
How are Nigeria’s oil seeds & products markets changing?
Nigeria’s oil seeds and products markets are changing rapidly as demographic changes occur due to the country’s youth and middle-class population growth. The three major utilization channels (Food consumption, industrial use, and feed usage) are undergoing robust growth rates.