What is the price of nutmeg per kilogram/pound in Benin today?
The retail price range for Benin nutmeg is between US$ 8.71 and US$ 10.65 per kilogram or between US$ 3.95 and US$ 4.83 per pound(lb). Click here to see today's exact prices of nutmeg in Benin
The retail price range in CFA Franc BCEAO for nutmeg is between XOF 5,312.74 and XOF 6,493.35 per kilogram or between XOF 2,409.41 and XOF 2,944.83 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin nutmeg is between US$ 6.10 and US$ 7.45 per kilogram or between US$ 2.77 and US$ 3.38 per pound(lb).
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Benin Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Benin has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Nutmeg from Benin was $3.05 in 2022. Looking at the trend, it is likely that the export price of Nutmeg from Benin will continue to increase in the coming years. We can predict that the export price per kilogram of Nutmeg from Benin will be around $3.20 in 2023 and $3.35 in 2024.Benin Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.90, and in 2021 it further increased to $3.20. The most recent data shows that the import price per kilogram of Nutmeg into Benin was $3.50 in 2022. Overall, the import price of Nutmeg into Benin has increased by 43.3% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Nutmeg into Benin will be $3.80 in 2023 and $4.10 in 2024.Export values for Benin nutmeg
Prices of other produce in the Herbs and Spices category in Benin: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Africa: Algeria nutmeg, Angola nutmeg, Botswana nutmeg, Burundi nutmeg, Cameroon nutmeg, Cape Verde nutmeg, Central African Republic nutmeg, Comoros nutmeg, DRC Congo nutmeg & Benin nutmeg.
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