What is the price of margarine per kilogram/pound in Nigeria today?
The retail price range for Nigeria margarine is between US$ 0.99 and US$ 1.98 per kilogram or between US$ 0.45 and US$ 0.90 per pound(lb). Click here to see today's exact prices of margarine in Nigeria
The retail price range in Naira for margarine is between NGN 455.48 and NGN 910.97 per kilogram or between NGN 206.57 and NGN 413.14 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria margarine is between US$ 0.69 and US$ 1.38 per kilogram or between US$ 0.31 and US$ 0.63 per pound(lb).
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Nigeria Margarine Export Prices - Historical, Trends and Prediction
The export price of Margarine from Nigeria over the last five years has been quite consistent. In 2018, the export price per kilogram was $1.45, followed by $1.44 in 2019, $1.43 in 2020, $1.42 in 2021, and $1.41 in 2022. This indicates a slight downward trend in the export price of Margarine from Nigeria over the last five years. It is likely that this trend will continue in the coming years, with the export price per kilogram of Margarine from Nigeria predicted to be $1.40 in 2023 and $1.39 in 2024.Nigeria Margarine Import Prices - Historical, Trends and Prediction
The import price of Margarine into Nigeria over the past five years has been quite volatile. In 2018, the price per kilogram was $1.20, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $0.90 per kilogram. In 2020, the price increased slightly to $1.00 per kilogram, before dropping again in 2021 to $0.80 per kilogram. The most recent data shows that the import price of Margarine into Nigeria in 2022 was $1.10 per kilogram. Overall, the import price of Margarine into Nigeria has been quite unpredictable over the past five years, with prices ranging from $0.80 to $1.20 per kilogram. It is difficult to predict what the prices will be in 2023 and 2024, but it is likely that they will remain within this range.Export values for Nigeria margarine
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 margarine in other countries across Africa: Algeria margarine, Angola margarine, Botswana margarine, Burundi margarine, Cameroon margarine, Cape Verde margarine, Central African Republic margarine, Comoros margarine, DRC Congo margarine & Benin margarine.
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