On-the-Ground Updates

Nappan Discussed Improvement of Productivity and Market Share of Nigerian Palm Oil

RBD Palm Oil
Nigeria
Market & Price Trends
Adeyemi Olofa
Published May 16, 2022
During the implementation of the One Family Twenty seedling project, the National Palm Produce Association of Nigeria (NPPAN) has challenged Nigerian palm oil farmers to increase productivity and improve market share. This was to combat the situation of the Indonesian Government's ban on palm oil export, which has caused palm oil price hikes c. USD 1900/MT. Indonesia is the leading global market share with 56% followed by Malaysia with 31%. Nigeria has declined to the 5th global producer at less than 2% of total global market production.

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