What is the price of gin per kilogram/pound in Nigeria today?
The retail price range for Nigeria gin is between US$ 8.86 and US$ 18.70 per kilogram or between US$ 4.02 and US$ 8.48 per pound(lb). Click here to see today's exact prices of gin in Nigeria
The retail price range in Naira for gin is between NGN 4,081.52 and NGN 8,616.54 per kilogram or between NGN 1,851.03 and NGN 3,907.73 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria gin is between US$ 6.20 and US$ 13.09 per kilogram or between US$ 2.81 and US$ 5.94 per pound(lb).
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Nigeria Gin Export Prices - Historical, Trends and Prediction
The export price of Gin from Nigeria over the last 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 $1.90 per kilogram. In 2020, the price increased slightly to $2.00 per kilogram, before dropping again in 2021 to $1.80 per kilogram. The current year, 2022, has seen a slight increase to $1.90 per kilogram. Based on the data, it is difficult to predict the prices for 2023 and 2024. However, it is likely that the export price of Gin from Nigeria will remain relatively stable in the coming years.Nigeria Gin Import Prices - Historical, Trends and Prediction
The import price of Gin into Nigeria over the past five years has been quite volatile. In 2018, the import 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, a decrease of 40%. In 2020, the price rose slightly to $1.75, an increase of 17%. However, the price dropped again in 2021 to $1.25, a decrease of 29%. Finally, in 2022, the price rose to $1.50, an increase of 20%. Overall, the import price of Gin into Nigeria has been decreasing over the past five years. Based on this trend, it is likely that the import price of Gin into Nigeria will continue to decrease in the next two years, with prices of around $1.25 and $1.00 predicted for 2023 and 2024 respectively.Export values for Nigeria gin
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 gin in other countries across Africa: Algeria gin, Angola gin, Botswana gin, Burundi gin, Cameroon gin, Cape Verde gin, Central African Republic gin, Comoros gin, DRC Congo gin & Benin gin.
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