Get price analysis and market insights for Nigeria Crude Palm Oil with Tridge.
Export prices of Crude Palm Oil in Nigeria
Historical export price trends
The export price of Crude Palm Oil from Nigeria has experienced fluctuations over the past two years, in line with shifting market trends. In 2023, export prices varied between $0.73 USD per kg and $1.55 USD per kg. By 2024, the price volatility remained, with export prices ranging from $0.98 USD to $0.98 USD per kg, reflecting ongoing market instability for Nigeria Crude Palm Oil exports.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$0.98/kg
$0.44/lb
$0.98/kg
$0.44/lb
2023
$0.73/kg
$0.33/lb
$1.55/kg
$0.70/lb
2022
$17.66/kg
$8.01/lb
$17.66/kg
$8.01/lb
Recent export records
On 2024-03-22, Crude Palm Oil reported as "PALM OIL" was exported by a company in Nigeria to a company in Canada.
To access detailed information, including unit prices and company names, get full access to our .
Import prices of Crude Palm Oil in Nigeria
Historical import price trends
The import price of Crude Palm Oil to Nigeria has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $0.87 USD per kg to $1.65 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $1.15 USD and $1.38 USD per kg, indicating ongoing market instability for Crude Palm Oil imports to Nigeria.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$1.15/kg
$0.52/lb
$1.38/kg
$0.63/lb
2023
$0.87/kg
$0.39/lb
$1.65/kg
$0.75/lb
Recent import records
On 2024-08-23, Crude Palm Oil reported as “VEGETABLE FATBASE POWDER (Containing 27%to 29% of Palm Fat) (Indu...” was imported by a company in Nigeria from a company in India.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-08-23
$000/kg
VEGETABLE FATBASE POWDER (Containing 27%to 29% of Palm Fat) (Indu...
Company name
India
Company name
Nigeria
2024-08-23
$000/kg
VEGETABLE FATBASE POWDER (Containing 27%to 29% of Palm Fat) (Industrial Raw material)
Company name
India
Company name
Nigeria
2024-08-01
$000/kg
VEGETABLE FATBASE POWDER (Containing 31%to 33% of Palm Fat) NON DAIRY CREAMER 33
Company name
India
Company name
Nigeria
To access detailed information, including unit prices and company names, get full access to our .
FAQ for Crude Palm Oil price in Nigeria
Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Nigeria Crude Palm Oil calculated?
The low and high prices are calculated from Nigeria data for Crude Palm Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much transaction data is there for Crude Palm Oil in Nigeria in Tridge?
We have 138 transaction records for Crude Palm Oil in Nigeria. Visit our About Transaction Data page to explore its features.
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