What is the price of cashew nuts per kilogram/pound in Nigeria today?
The retail price range for Nigeria cashew nuts is between US$ 5.87 and US$ 7.83 per kilogram or between US$ 2.66 and US$ 3.55 per pound(lb). Click here to see today's exact prices of cashew nuts in Nigeria
The retail price range in Naira for cashew nuts is between NGN 2,707.19 and NGN 3,609.59 per kilogram or between NGN 1,227.75 and NGN 1,637.00 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria cashew nuts is between US$ 4.11 and US$ 5.48 per kilogram or between US$ 1.86 and US$ 2.49 per pound(lb).
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Nigeria Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price of Cashew Nuts 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 price rose to $2.75, and in 2021 it further increased to $2.90. This year, the export price per kilogram of Cashew Nuts from Nigeria is $3.05. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price per kilogram of Cashew Nuts from Nigeria will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Nigeria Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price of Cashew Nuts into Nigeria 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 in 2022, the import price per kilogram was $3.50. Overall, the import price of Cashew Nuts into Nigeria has increased by 43.7% 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 will reach $3.80 in 2023 and $4.10 in 2024.Export values for Nigeria cashew nuts
Prices of other produce in the Nuts category in Nigeria: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Africa: Algeria cashew nuts, Angola cashew nuts, Botswana cashew nuts, Burundi cashew nuts, Cameroon cashew nuts, Cape Verde cashew nuts, Central African Republic cashew nuts, Comoros cashew nuts, DRC Congo cashew nuts & Benin cashew nuts.
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