What is the price of olive oil per kilogram/pound in Nigeria today?
The retail price range for Nigeria olive oil is between US$ 6.78 and US$ 17.37 per kilogram or between US$ 3.07 and US$ 7.88 per pound(lb). Click here to see today's exact prices of olive oil in Nigeria
The retail price range in Naira for olive oil is between NGN 3,122.70 and NGN 8,006.68 per kilogram or between NGN 1,416.19 and NGN 3,631.15 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria olive oil is between US$ 4.74 and US$ 12.16 per kilogram or between US$ 2.15 and US$ 5.52 per pound(lb).
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Nigeria Olive Oil Export Prices - Historical, Trends and Prediction
The export price of Olive Oil 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 Olive Oil 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 per kilogram of Olive Oil from Nigeria in 2023 and 2024 will be around $3.20 and $3.35 respectively.Nigeria Olive Oil Import Prices - Historical, Trends and Prediction
The import price of Olive Oil into Nigeria has seen a steady increase over the past five years. In 2018, the import 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 import price per kilogram of Olive Oil into Nigeria in 2022 was $3.05. Overall, the import price of Olive Oil into Nigeria has seen a steady increase of $0.15 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 Olive Oil into Nigeria in 2023 and 2024 will be $3.20 and $3.35 respectively.Export values for Nigeria olive oil
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 olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
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