What is the price of coconut oil per kilogram/pound in Nigeria today?
The retail price range for Nigeria coconut oil is between US$ 6.86 and US$ 11.76 per kilogram or between US$ 3.11 and US$ 5.33 per pound(lb). Click here to see today's exact prices of coconut oil in Nigeria
The retail price range in Naira for coconut oil is between NGN 3,161.29 and NGN 5,419.35 per kilogram or between NGN 1,433.69 and NGN 2,457.76 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria coconut oil is between US$ 4.80 and US$ 8.23 per kilogram or between US$ 2.18 and US$ 3.73 per pound(lb).
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Nigeria Coconut Oil Export Prices - Historical, Trends and Prediction
The export price of Coconut oil from Nigeria has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The export price of Coconut oil from Nigeria reached its highest point in 2022, at $2.05 per kilogram. Based on this trend, it is likely that the export price of Coconut oil from Nigeria will continue to increase in the coming years, with an estimated price of $2.20 per kilogram in 2023 and $2.35 per kilogram in 2024.Nigeria Coconut Oil Import Prices - Historical, Trends and Prediction
The import price of Coconut oil into Nigeria has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.20, which increased to $1.50 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.10. The most recent data shows that the import price per kilogram of Coconut oil into Nigeria in 2022 was $2.40. Overall, the import price of Coconut oil into Nigeria has seen a steady increase of 20 cents per kilogram each year over the past five years. It is likely that this trend will continue in the coming years, with the import price per kilogram of Coconut oil into Nigeria predicted to reach $2.70 in 2023 and $3.00 in 2024.Export values for Nigeria coconut oil
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 coconut oil in other countries across Africa: Algeria coconut oil, Angola coconut oil, Botswana coconut oil, Burundi coconut oil, Cameroon coconut oil, Cape Verde coconut oil, Central African Republic coconut oil, Comoros coconut oil, DRC Congo coconut oil & Benin coconut oil.
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