What is the price of soyabean oil per kilogram/pound in Nigeria today?
The retail price range for Nigeria soyabean oil is between US$ 0.96 and US$ 0.96 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of soyabean oil in Nigeria
The retail price range in Naira for soyabean oil is between NGN 443.27 and NGN 443.27 per kilogram or between NGN 201.03 and NGN 201.03 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2025, the approximate wholesale price range for Nigeria soyabean oil is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.31 and US$ 0.31 per pound(lb).
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Nigeria Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price of Soyabean oil from Nigeria has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the export price per kilogram rose to $0.55, and in 2021 it further increased to $0.60. The export price per kilogram in 2022 is currently at $0.65. Based on this trend, it is likely that the export price per kilogram for 2023 and 2024 will be around $0.70 and $0.75 respectively.Nigeria Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price of Soyabean oil into Nigeria has seen a steady increase over the past five years. In 2018, the price per kilogram was $1.20, which increased to $1.50 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.10. The most recent data shows that the import price of Soyabean oil into Nigeria in 2022 was $2.40 per kilogram. Overall, the import price of Soyabean oil into Nigeria has increased by 100% over the past five years. This trend is likely to continue in the coming years, and it is expected that the import price of Soyabean oil into Nigeria will reach $2.70 in 2023 and $3.00 in 2024.Export values for Nigeria soyabean 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 soyabean oil in other countries across Africa: Algeria soyabean oil, Angola soyabean oil, Botswana soyabean oil, Burundi soyabean oil, Cameroon soyabean oil, Cape Verde soyabean oil, Central African Republic soyabean oil, Comoros soyabean oil, DRC Congo soyabean oil & Benin soyabean oil.
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