What is the price of cocoa powder (solids) per kilogram/pound in Nigeria today?
The retail price range for Nigeria cocoa powder (solids) is between US$ 1.92 and US$ 5.75 per kilogram or between US$ 0.87 and US$ 2.61 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Nigeria
The retail price range in Naira for cocoa powder (solids) is between NGN 882.86 and NGN 2,648.57 per kilogram or between NGN 400.39 and NGN 1,201.17 per pound(lb) in Abuja and Lagos.
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In 2024, the approximate wholesale price range for Nigeria cocoa powder (solids) is between US$ 1.34 and US$ 4.02 per kilogram or between US$ 0.61 and US$ 1.82 per pound(lb).
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Nigeria Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price of Cocoa Powder (Solids) from Nigeria has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which increased to $2.60 in 2020. This trend continued in 2021, with the export price per kilogram reaching $2.75. In 2022, the export price per kilogram rose to $2.90. Looking ahead, it is expected that the export price per kilogram of Cocoa Powder (Solids) from Nigeria will continue to increase, reaching $3.05 in 2023 and $3.20 in 2024.Nigeria Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price of Cocoa Powder (Solids) into Nigeria has seen a steady increase over the past five years. In 2019, the import price per kilogram was $2.45, which was a slight increase from the previous year's price of $2.41. In 2020, the price rose to $2.50, and then to $2.60 in 2021. This year, the import price per kilogram has reached its highest point in the past five years, at $2.75. This is a 12.2% increase from the price in 2019. Looking ahead, it is likely that the import price of Cocoa Powder (Solids) into Nigeria will continue to rise in the coming years. Based on the data, we can predict that the import price per kilogram for 2023 and 2024 will be around $2.90 and $3.05, respectively.Export values for Nigeria cocoa powder (solids)
Prices of other produce in the Processed category in Nigeria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa powder (solids) in other countries across Africa: Algeria cocoa powder (solids), Angola cocoa powder (solids), Botswana cocoa powder (solids), Burundi cocoa powder (solids), Cameroon cocoa powder (solids), Cape Verde cocoa powder (solids), Central African Republic cocoa powder (solids), Comoros cocoa powder (solids), DRC Congo cocoa powder (solids) & Benin cocoa powder (solids).
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