What is the price of natural rubber per kilogram/pound in Nigeria today?
The retail price range for Nigeria natural rubber is between US$ 0.14 and US$ 0.69 per kilogram or between US$ 0.06 and US$ 0.32 per pound(lb). Click here to see today's exact prices of natural rubber in Nigeria
The retail price range in Naira for natural rubber is between NGN 65.81 and NGN 320.26 per kilogram or between NGN 29.84 and NGN 145.24 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria natural rubber is between US$ 0.10 and US$ 0.49 per kilogram or between US$ 0.05 and US$ 0.22 per pound(lb).
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Nigeria Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber 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 export price per kilogram rose to $1.75, and in 2021 it further increased to $1.90. The export price per kilogram in 2022 is expected to be $2.05. Looking ahead, the export price of Natural Rubber from Nigeria is likely to continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram in 2023 will be $2.20 and in 2024 it will be $2.35.Nigeria Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into Nigeria has seen a steady increase over the past five years. In 2018, the import 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 most recent data shows that the import price per kilogram of Natural Rubber into Nigeria in 2022 was $2.05. Overall, the import price of Natural Rubber into Nigeria has seen a steady increase of 10.3% over the past five years. It is likely that this trend will continue in the coming years, and we can predict that the import price per kilogram of Natural Rubber into Nigeria in 2023 will be around $2.22, and in 2024 it will be around $2.40.Export values for Nigeria natural rubber
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 natural rubber in other countries across Africa: Algeria natural rubber, Angola natural rubber, Botswana natural rubber, Burundi natural rubber, Cameroon natural rubber, Cape Verde natural rubber, Central African Republic natural rubber, Comoros natural rubber, DRC Congo natural rubber & Benin natural rubber.
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