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Price for Kola Nut in Nigeria

Get price analysis and market insights for Nigeria Kola Nut with Tridge.

Wholesale prices of Kola Nut in Nigeria

Historical wholesale price trends

The wholesale price of Nigeria Kola Nut has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $1.52 USD per kg and $2.18 USD per kg. However, by 2024, wholesale prices declined to a new range of $0.66 to $0.82 USD per kg, signaling reduced demand or increased supply for Nigeria Kola Nut.
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
$0.66/kg
$0.30/lb
$0.82/kg
$0.37/lb
2023
$1.52/kg
$0.69/lb
$2.18/kg
$0.99/lb
2022
$2.29/kg
$1.04/lb
$4.34/kg
$1.97/lb

Recently updated wholesale prices

Recent wholesale price of Kola Nut in Nigeria was 1,150 NGN per 1 kg, reported on 2024-12-27 for the following specification: Good Quality(grade).
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2024-12-27
Good Quality(grade)
$0.74/kg
NGN 1,150/1 kg
2021-11-23
Grade A(grade)
$14.62/kg
NGN 6,000/1 kg

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Export prices of Kola Nut in Nigeria

Historical export price trends

The export price of Kola Nut from Nigeria has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $0.59 USD per kg and $150.07 USD per kg. By 2024, these prices had fallen to a new range of $0.48 to $0.48 USD per kg, reflecting shifts in demand or supply for Nigeria Kola Nut.
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
$0.48/kg
$0.22/lb
$0.48/kg
$0.22/lb
2023
$0.59/kg
$0.27/lb
$150.07/kg
$68.07/lb

Recent export records

On 2024-03-07, Kola Nut reported as "KOLA NUT" was exported by a company in Nigeria to a company in Bahrain.
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
2024-03-07
$000/kg
KOLA NUT
Company name
Nigeria
Company name
Bahrain
2024-03-04
$000/kg
KOLANUTS [235-50325111]
Company name
Nigeria
Company name
Bahrain
2023-11-01
$000/kg
COLANUT
Company name
Nigeria
Company name
Namibia
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Kola Nut in Nigeria

Recent import records

On 2023-07-27, Kola Nut reported as “SPOMK2 cola seeds” was imported by a company in Nigeria from a company in São Tomé and Príncipe.
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
2023-07-27
$000/kg
SPOMK2 cola seeds
Company name
São Tomé and Príncipe
Company name
Nigeria
2023-06-19
$000/kg
500 BAGS X 92 KGS KOLA NUTS
Company name
Ghana
Company name
Nigeria
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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Access detailed transaction records and company analysis for Kola Nut, sourced from B/L and customs data. Monitor competitor activities, identify new trade partners, and analyze export/import prices. Use transaction data for deeper insights and more informed business decisions.

FAQ for Kola Nut price in Nigeria

What is the HS code for Kola Nut?
The HS code for Kola Nut is 080270 - Nuts, edible; kola nuts (Cola spp.), fresh or dried, whether or not shelled or peeled.
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 Kola Nut calculated?
The low and high prices are calculated from Nigeria data for Kola Nut 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 price data is available for Kola Nut on Tridge?
In the past 6 months, 2 Kola Nut price entries were updated for Nigeria. Visit our Data Availability page for more detailed information.
How much transaction data is there for Kola Nut in Nigeria in Tridge?
We have 66 transaction records for Kola Nut in Nigeria. Visit our About Transaction Data page to explore its features.
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