What is the price of black tea per kilogram/pound in Nigeria today?
The retail price range for Nigeria black tea is between US$ 4.85 and US$ 10.67 per kilogram or between US$ 2.20 and US$ 4.84 per pound(lb). Click here to see today's exact prices of black tea in Nigeria
The retail price range in Naira for black tea is between NGN 2,235.94 and NGN 4,919.08 per kilogram or between NGN 1,014.03 and NGN 2,230.87 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria black tea is between US$ 3.40 and US$ 7.47 per kilogram or between US$ 1.54 and US$ 3.39 per pound(lb).
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Nigeria Black Tea Export Prices - Historical, Trends and Prediction
The export price of black tea from Nigeria 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 export price per kilogram rose to $2.75, and in 2021 it further increased to $2.90. The export price per kilogram in 2022 was $3.05, representing a 5.17% increase from the previous year. Based on this trend, it is likely that the export price per kilogram of black tea from Nigeria will continue to increase in the coming years. We can predict that the export price per kilogram in 2023 will be around $3.20 and in 2024 it will be around $3.35.Nigeria Black Tea Import Prices - Historical, Trends and Prediction
The import price of Black Tea into Nigeria over the past five years has been quite volatile. In 2018, the price per kilogram was $2.50, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.50 per kilogram. In 2020, the price increased slightly to $1.75 per kilogram, before dropping again in 2021 to $1.25 per kilogram. The most recent data shows that the price of Black Tea into Nigeria has increased to $1.50 per kilogram in 2022. Overall, the import price of Black Tea into Nigeria has seen a downward trend over the past five years, with the highest price being in 2018 and the lowest in 2021. Based on this trend, it is likely that the price of Black Tea into Nigeria will continue to decrease in the coming years, with prices in 2023 and 2024 predicted to be around $1.25 and $1.00 per kilogram respectively.Export values for Nigeria black tea
Prices of other produce in the Processed category in Nigeria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Africa: Algeria black tea, Angola black tea, Botswana black tea, Burundi black tea, Cameroon black tea, Cape Verde black tea, Central African Republic black tea, Comoros black tea, DRC Congo black tea & Benin black tea.
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