What is the price of licorice roots per kilogram/pound in Nigeria today?
The retail price range for Nigeria licorice roots is between US$ 6.73 and US$ 14.43 per kilogram or between US$ 3.05 and US$ 6.54 per pound(lb). Click here to see today's exact prices of licorice roots in Nigeria
The retail price range in Naira for licorice roots is between NGN 3,103.55 and NGN 6,650.46 per kilogram or between NGN 1,407.50 and NGN 3,016.08 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria licorice roots is between US$ 4.71 and US$ 10.10 per kilogram or between US$ 2.14 and US$ 4.58 per pound(lb).
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Nigeria Licorice Roots Export Prices - Historical, Trends and Prediction
The export price of Licorice roots from Nigeria has seen a steady increase over the past five years. In 2019, the price per kilogram was $2.45, which increased to $2.60 in 2020. In 2021, the price rose to $2.75, and in 2022, it further increased to $2.90. This trend suggests that the export price of Licorice roots from Nigeria is likely to continue to increase in the coming years. Based on this trend, it is predicted that the export price of Licorice roots from Nigeria will be $3.05 in 2023 and $3.20 in 2024.Nigeria Licorice Roots Import Prices - Historical, Trends and Prediction
The import price of Licorice roots into Nigeria has seen a steady increase over the past five years. In 2019, the price per kilogram was $2.50, which was a slight increase from the previous year. In 2020, the price rose to $3.00, a 20% increase from the previous year. 2021 saw a further increase to $3.50, a 16.7% increase from the previous year. 2022 saw a slight decrease to $3.30, a 5.7% decrease from the previous year. The most recent data shows that the import price per kilogram of Licorice roots into Nigeria is $3.20, a 3.0% decrease from the previous year. Based on the data, it is likely that the import price of Licorice roots into Nigeria will continue to increase in the coming years. It is predicted that the price will reach $3.50 in 2023 and $3.80 in 2024.Export values for Nigeria licorice roots
Prices of other produce in the Tubers category in Nigeria: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Ginseng roots, Chicory roots & Cocoyam.
See prices of licorice roots in other countries across Africa: Algeria licorice roots, Angola licorice roots, Botswana licorice roots, Burundi licorice roots, Cameroon licorice roots, Cape Verde licorice roots, Central African Republic licorice roots, Comoros licorice roots, DRC Congo licorice roots & Benin licorice roots.
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