What is the price of safflower per kilogram/pound in Nigeria today?
The retail price range for Nigeria safflower is between US$ 4.78 and US$ 6.69 per kilogram or between US$ 2.17 and US$ 3.04 per pound(lb). Click here to see today's exact prices of safflower in Nigeria
The retail price range in Naira for safflower is between NGN 2,203.69 and NGN 3,085.16 per kilogram or between NGN 999.40 and NGN 1,399.17 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria safflower is between US$ 3.35 and US$ 4.69 per kilogram or between US$ 1.52 and US$ 2.13 per pound(lb).
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Nigeria Safflower Export Prices - Historical, Trends and Prediction
The export price of Safflower from Nigeria has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which was a slight increase from the previous year. In 2020, the export price per kilogram rose to $2.60, a 6.1% increase from the previous year. 2021 saw a further increase to $2.75, a 5.8% increase from the previous year. 2022 saw a slight decrease to $2.70, a 2.2% decrease from the previous year. Finally, in 2023, the export price per kilogram rose to $2.80, a 3.7% increase from the previous year. Based on this trend, it is likely that the export price per kilogram of Safflower from Nigeria will continue to increase in the coming years, with an estimated price of $2.90 in 2024.Nigeria Safflower Import Prices - Historical, Trends and Prediction
The import price of Safflower into Nigeria over the last five years has been quite volatile. In 2018, the import 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 $1.45 per kilogram. In 2020, the import price per kilogram increased to $1.90, before dropping again in 2021 to $1.50. The import price per kilogram in 2022 is currently at $1.80. Overall, the import price of Safflower into Nigeria has seen a downward trend over the last five years. This could be attributed to the increased availability of Safflower in the global market, leading to a decrease in the price. It is difficult to predict the prices for 2023 and 2024, but it is likely that the import price per kilogram will remain relatively stable in the near future.Export values for Nigeria safflower
Prices of other produce in the Oil Seeds category in Nigeria: Linseed (Flax), Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of safflower in other countries across Africa: Algeria safflower, Angola safflower, Botswana safflower, Burundi safflower, Cameroon safflower, Cape Verde safflower, Central African Republic safflower, Comoros safflower, DRC Congo safflower & Benin safflower.
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