What is the price of rum per kilogram/pound in Nigeria today?
The retail price range for Nigeria rum is between US$ 9.62 and US$ 24.06 per kilogram or between US$ 4.36 and US$ 10.91 per pound(lb). Click here to see today's exact prices of rum in Nigeria
The retail price range in Naira for rum is between NGN 4,434.10 and NGN 11,085.25 per kilogram or between NGN 2,010.93 and NGN 5,027.33 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria rum is between US$ 6.74 and US$ 16.84 per kilogram or between US$ 3.05 and US$ 7.64 per pound(lb).
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Nigeria Rum Export Prices - Historical, Trends and Prediction
The export price of Rum from Nigeria over the last five years has been quite varied. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. However, in 2020, the price dropped to $2.30, before increasing again to $2.50 in 2021. This year, the price has dropped slightly to $2.45. Overall, the export price of Rum from Nigeria has seen a slight increase over the last five years, with the highest price being $2.60 in 2019. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain relatively stable.Nigeria Rum Import Prices - Historical, Trends and Prediction
The import price of Rum into Nigeria over the past five years has been quite varied. In 2018, the price per kilogram was $2.50, which was the highest price in the five-year period. This was followed by a sharp decline in 2019 to $1.50 per kilogram. In 2020, the price increased slightly to $1.75 per kilogram, before dropping again in 2021 to $1.25 per kilogram. This year, the price has increased to $1.50 per kilogram. Overall, the import price of Rum into Nigeria has been decreasing over the past five years, with the exception of a slight increase in 2020. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain relatively stable or continue to decrease.Export values for Nigeria rum
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 rum in other countries across Africa: Algeria rum, Angola rum, Botswana rum, Burundi rum, Cameroon rum, Cape Verde rum, Central African Republic rum, Comoros rum, DRC Congo rum & Benin rum.
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