What is the price of turmeric per kilogram/pound in Nigeria today?
The retail price range for Nigeria turmeric is between US$ 2.92 and US$ 7.78 per kilogram or between US$ 1.32 and US$ 3.53 per pound(lb). Click here to see today's exact prices of turmeric in Nigeria
The retail price range in Naira for turmeric is between NGN 1,345.30 and NGN 3,587.47 per kilogram or between NGN 610.11 and NGN 1,626.97 per pound(lb) in Abuja and Lagos.
Wholesale prices
In 2024, the approximate wholesale price range for Nigeria turmeric is between US$ 2.04 and US$ 5.45 per kilogram or between US$ 0.93 and US$ 2.47 per pound(lb).
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Nigeria Turmeric Export Prices - Historical, Trends and Prediction
The export price of Turmeric from Nigeria over the last five years has been quite volatile. In 2018, the price per kilogram was $2.45, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.90 per kilogram. In 2020, the price increased slightly to $2.00 per kilogram, before dropping again in 2021 to $1.80 per kilogram. This year, the export price has increased to $2.10 per kilogram. Overall, the export price of Turmeric from Nigeria has seen a slight decrease over the last five years. Based on this trend, it is likely that the export price of Turmeric from Nigeria in 2023 and 2024 will be around $2.00 and $1.90 per kilogram, respectively.Nigeria Turmeric Import Prices - Historical, Trends and Prediction
The import price of Turmeric into Nigeria over the past five years has been quite volatile. In 2018, the price per kilogram was $2.45, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $1.45, a decrease of 41%. In 2020, the price rose slightly to $1.60, an increase of 10%. However, in 2021, the price dropped again to $1.20, a decrease of 25%. Finally, in 2022, the price rose to $1.50, an increase of 25%. It is difficult to predict the prices for 2023 and 2024, as the import price of Turmeric into Nigeria has been quite volatile over the past five years. However, based on the trend of the past five years, it is likely that the price will remain relatively stable in the next two years.Export values for Nigeria turmeric
Prices of other produce in the Herbs and Spices category in Nigeria: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across Africa: Algeria turmeric, Angola turmeric, Botswana turmeric, Burundi turmeric, Cameroon turmeric, Cape Verde turmeric, Central African Republic turmeric, Comoros turmeric, DRC Congo turmeric & Benin turmeric.
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