What is the price of cloves per kilogram/pound in Nigeria today?
The retail price range for Nigeria cloves is between US$ 5.86 and US$ 13.68 per kilogram or between US$ 2.66 and US$ 6.20 per pound(lb). Click here to see today's exact prices of cloves in Nigeria
The retail price range in Naira for cloves is between NGN 2,701.38 and NGN 6,303.23 per kilogram or between NGN 1,225.12 and NGN 2,858.61 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria cloves is between US$ 4.10 and US$ 9.57 per kilogram or between US$ 1.86 and US$ 4.34 per pound(lb).
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Nigeria Cloves Export Prices - Historical, Trends and Prediction
The export price of cloves from Nigeria over the last five years has been quite volatile. In 2018, the export price per kilogram was $2.45, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.90 per kilogram. In 2020, the export price per kilogram increased to $2.10, before dropping again in 2021 to $1.80. The export price per kilogram in 2022 was $1.90, which is slightly higher than the 2021 figure. Looking ahead, it is difficult to predict the export price per kilogram for 2023 and 2024. However, based on the data from the last five years, it is likely that the export price per kilogram will remain relatively stable in the coming years.Nigeria Cloves Import Prices - Historical, Trends and Prediction
The import price of cloves into Nigeria over the past five years has been quite volatile. In 2018, the price per kilogram was $2.45, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.45, a decrease of 41%. In 2020, the price per kilogram increased to $1.90, an increase of 31%. 2021 saw a further increase to $2.20, an increase of 16%. Finally, in 2022, the price per kilogram decreased to $1.90, a decrease of 14%. Overall, the import price of cloves into Nigeria has been quite unpredictable over the past five years. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain volatile.Export values for Nigeria cloves
Prices of other produce in the Herbs and Spices category in Nigeria: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cloves in other countries across Africa: Algeria cloves, Angola cloves, Botswana cloves, Burundi cloves, Cameroon cloves, Cape Verde cloves, Central African Republic cloves, Comoros cloves, DRC Congo cloves & Benin cloves.
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