Wood-based panels — Import value in Nigeria

Nigeria: Wood-based panels — Import value was 161,393 1000 USD in 2024. ◆ Volatile

Latest (2024)
161,393 1000 USD
Change on year
down 6.5%
World rank
56th
of 255 countries
All-time high
175,152 1000 USD
in 2021
All-time low
529 1000 USD
in 1968
Years of data
64
1961–2024

Wood-based panels — Import value in Nigeria, 1961–2024

050.0k100.0k150.0k200.0k196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for wood-based panels — import value in Nigeria is 161,393 1000 USD, measured in 2024.

The figure is down 6.5% on the previous year and up 9.0% over ten years.

Over the whole period, wood-based panels — import value in Nigeria peaked at 175,152 1000 USD in 2021 and was at its lowest, 529 1000 USD, in 1968.

That places Nigeria 56th out of 255 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Wood-based panels — Import value in Nigeria, year by year

Annual values for Wood-based panels — Import value in Nigeria, 1961 to 2024.
Year 1000 USD Change
1961 1,501 1000 USD —
1962 1,744 1000 USD +16.2%
1963 1,233 1000 USD -29.3%
1964 1,292 1000 USD +4.8%
1965 1,277 1000 USD -1.2%
1966 1,157 1000 USD -9.4%
1967 892 1000 USD -22.9%
1968 529 1000 USD -40.7%
1969 1,112 1000 USD +110.2%
1970 2,232 1000 USD +100.7%
1971 2,232 1000 USD +0.0%
1972 2,232 1000 USD +0.0%
1973 4,396 1000 USD +97.0%
1974 5,428 1000 USD +23.5%
1975 14,488 1000 USD +166.9%
1976 24,338 1000 USD +68.0%
1977 59,329 1000 USD +143.8%
1978 57,368 1000 USD -3.3%
1979 57,378 1000 USD +0.0%
1980 88,592 1000 USD +54.4%
1981 81,392 1000 USD -8.1%
1982 61,692 1000 USD -24.2%
1983 51,318 1000 USD -16.8%
1984 9,184 1000 USD -82.1%
1985 9,184 1000 USD +0.0%
1986 9,184 1000 USD +0.0%
1987 5,029 1000 USD -45.2%
1988 3,716 1000 USD -26.1%
1989 1,308 1000 USD -64.8%
1990 1,647 1000 USD +25.9%
1991 1,647 1000 USD +0.0%
1992 7,212 1000 USD +337.9%
1993 3,250 1000 USD -54.9%
1994 1,652 1000 USD -49.2%
1995 2,348 1000 USD +42.1%
1996 4,568 1000 USD +94.5%
1997 3,329 1000 USD -27.1%
1998 3,329 1000 USD +0.0%
1999 11,764 1000 USD +253.4%
2000 8,249 1000 USD -29.9%
2001 11,181 1000 USD +35.5%
2002 12,071 1000 USD +8.0%
2003 14,047 1000 USD +16.4%
2004 10,083 1000 USD -28.2%
2005 9,657 1000 USD -4.2%
2006 25,621 1000 USD +165.3%
2007 42,129 1000 USD +64.4%
2008 54,690 1000 USD +29.8%
2009 51,443 1000 USD -5.9%
2010 77,475 1000 USD +50.6%
2011 126,248 1000 USD +63.0%
2012 144,343 1000 USD +14.3%
2013 144,353 1000 USD +0.0%
2014 148,094 1000 USD +2.6%
2015 166,041 1000 USD +12.1%
2016 110,355 1000 USD -33.5%
2017 99,270 1000 USD -10.0%
2018 114,032 1000 USD +14.9%
2019 150,196 1000 USD +31.7%
2020 139,347 1000 USD -7.2%
2021 175,152 1000 USD +25.7%
2022 136,972 1000 USD -21.8%
2023 172,538 1000 USD +26.0%
2024 161,393 1000 USD -6.5%

Nigeria compared with similar countries

  • Nigeria's 161,393 1000 USD is above the median for lower middle income countries, which is 10,901 1000 USD, 14.8× the median. (44 countries reporting)
  • Nigeria's 161,393 1000 USD is above the median for Sub-Saharan Africa, which is 5,140 1000 USD, 31.4× the median. (45 countries reporting)

Biggest year-on-year movements

Years where Wood-based panels — Import value in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +337.9% 1,647 1000 USD 7,212 1000 USD
1999 +253.4% 3,329 1000 USD 11,764 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 1,193 1000 USD 529 1000 USD 1,744 1000 USD 9
1970s 22,942 1000 USD 2,232 1000 USD 59,329 1000 USD 10
1980s 32,060 1000 USD 1,308 1000 USD 88,592 1000 USD 10
1990s 4,075 1000 USD 1,647 1000 USD 11,764 1000 USD 10
2000s 23,917 1000 USD 8,249 1000 USD 54,690 1000 USD 10
2010s 128,041 1000 USD 77,475 1000 USD 166,041 1000 USD 10
2020s 157,080 1000 USD 136,972 1000 USD 175,152 1000 USD 5

Countries ranked near Nigeria

  1. 53 Croatia 166,605 1000 USD compare
  2. 54 Türkiye 166,077 1000 USD compare
  3. 54 Turkey 166,077 1000 USD compare
  4. 57 Peru 158,970 1000 USD compare
  5. 58 Ukraine 157,236 1000 USD compare
  6. 59 Slovakia 147,377 1000 USD compare

See the full ranking of 284 places →

More environment data for Nigeria

All data for Nigeria →

Frequently asked questions

What is wood-based panels — import value in Nigeria?
Wood-based panels — import value in Nigeria was 161,393 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wood-based panels — import value recorded in Nigeria?
The highest recorded value was 175,152 1000 USD in 2021.
What is the lowest wood-based panels — import value recorded in Nigeria?
The lowest recorded value was 529 1000 USD in 1968.
How does Nigeria rank for wood-based panels — import value?
Nigeria ranks 56th out of 255 countries with data for 2024.
Is wood-based panels — import value rising or falling in Nigeria?
Over the last ten years it is up 9.0%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wood-based panels — Import value. Statizoid updates them automatically from the source API.

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Wood-based panels — Import value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://environment.statizoid.com/stat/wood-based-panels-import-value/nigeria/

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About this data

Indicator
Wood-based panels — Import value
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
284 places, 13,678 data points, 1961–2024
Last refreshed

The database contains data on the production and trade in roundwood and in primary wood and paper products for all countries and territories in the world.The main types of primary forest products included in this database are roundwood, sawnwood, wood-based panels, pulp, and paper and paperboard. These products are detailed further and defined in the Joint Forest Sector Questionnaire (JFSQ) (https://www.fao.org/statistics/data-collection/forestry/en). The database contains details of the following topics: - roundwood removals (production) by coniferous and non-coniferous wood and assortments, - production and trade in industrial roundwood, sawnwood, wood-based panels, wood charcoal, pulp, paper and paperboard, and other products. More detailed information on wood products, including definitions, can be found at: https://www.fao.org/statistics/data-collection/forestry/en