What is the price of ginseng roots per kilogram/pound in Nigeria today?
The retail price range for Nigeria ginseng roots is between US$ 6.74 and US$ 24.06 per kilogram or between US$ 3.06 and US$ 10.91 per pound(lb). Click here to see today's exact prices of ginseng roots in Nigeria
The retail price range in Naira for ginseng roots is between NGN 3,104.52 and NGN 11,087.56 per kilogram or between NGN 1,407.94 and NGN 5,028.37 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2025, the approximate wholesale price range for Nigeria ginseng roots is between US$ 4.72 and US$ 16.84 per kilogram or between US$ 2.14 and US$ 7.64 per pound(lb).
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Nigeria Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price of ginseng roots from Nigeria has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of ginseng roots from Nigeria was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price of ginseng roots from Nigeria will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Nigeria Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price of Ginseng roots into Nigeria has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the import price per kilogram of Ginseng roots into Nigeria was $3.80. Overall, the import price of Ginseng roots into Nigeria has seen a steady increase of 30 cents per kilogram over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Ginseng roots into Nigeria will reach $4.10 in 2023 and $4.40 in 2024.Export values for Nigeria ginseng roots
Prices of other produce in the Tubers category in Nigeria: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
See prices of ginseng roots in other countries across Africa: Algeria ginseng roots, Angola ginseng roots, Botswana ginseng roots, Burundi ginseng roots, Cameroon ginseng roots, Cape Verde ginseng roots, Central African Republic ginseng roots, Comoros ginseng roots, DRC Congo ginseng roots & Benin ginseng roots.
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