What is the price of nutmeg per kilogram/pound in Nigeria today?
The retail price range for Nigeria nutmeg is between US$ 17.60 and US$ 73.33 per kilogram or between US$ 7.98 and US$ 33.26 per pound(lb). Click here to see today's exact prices of nutmeg in Nigeria
The retail price range in Naira for nutmeg is between NGN 8,109.95 and NGN 33,791.47 per kilogram or between NGN 3,677.98 and NGN 15,324.93 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2025, the approximate wholesale price range for Nigeria nutmeg is between US$ 12.32 and US$ 51.33 per kilogram or between US$ 5.59 and US$ 23.28 per pound(lb).
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Nigeria Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg 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 Nutmeg from Nigeria in 2022 was $3.05. 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 Nutmeg 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 Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Nigeria over the last five years has been quite volatile. In 2018, the price per kilogram was $2.50, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.50 per kilogram. In 2020, the price rose again to $2.00 per kilogram, before dropping to $1.50 in 2021. The current year, 2022, has seen a slight increase to $1.75 per kilogram. Overall, the import price of Nutmeg into Nigeria has been quite unpredictable over the last five years, with prices fluctuating between $1.50 and $2.50 per kilogram. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain in the same range as the last five years.Export values for Nigeria nutmeg
Prices of other produce in the Herbs and Spices category in Nigeria: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Africa: Algeria nutmeg, Angola nutmeg, Botswana nutmeg, Burundi nutmeg, Cameroon nutmeg, Cape Verde nutmeg, Central African Republic nutmeg, Comoros nutmeg, DRC Congo nutmeg & Benin nutmeg.
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