Get price analysis and market insights for Nigeria Soybean with Tridge.
Export prices of Soybean in Nigeria
Historical export price trends
The export prices of Soybean from Nigeria have been on the rise over the past two years, driven by shifts in market supply and demand. In 2023, export prices ranged from $0.18 to $0.82 USD per kg. By 2024, these prices increased to a new range of $0.36 to $1.04 USD per kg, highlighting the continued growth in the export price of Nigeria Soybean.
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
$0.36/kg
$0.16/lb
$1.04/kg
$0.47/lb
2023
$0.18/kg
$0.08/lb
$0.82/kg
$0.37/lb
2022
$0.90/kg
$0.41/lb
$0.90/kg
$0.41/lb
Recent export records
On 2024-07-09, Soybean reported as "Soybean seeds (Scientific name: Glycine max): used as raw material for animal feed production, in accordance with Circular No. 21/2019/TT-BNNPTNT." was exported by a company in Nigeria to a company in Vietnam.
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
2024-07-09
$000/kg
Soybean seeds (Scientific name: Glycine max): used as raw material for animal feed production, in accordance with Circular No. 21/2019/TT-BNNPTNT.
Company name
Nigeria
Company name
Vietnam
2024-03-28
$000/kg
NON-GMO SOYABEANS NIGER ORIGIN PACKED IN NEW 50KG PP BAGS 237047140
Company name
Nigeria
Company name
Pakistan
2024-03-26
$000/kg
SOYA BEAN MEAL
Company name
Nigeria
Company name
Pakistan
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
Import prices of Soybean in Nigeria
Recent import records
On 2024-08-31, Soybean reported as “PROTEIN CONCENT & TEXTURED PROTEINSUBSTANCES (SOYA CHUNKS & GRANULES) (SOYA CHUNKS (VADI))” was imported by a company in Nigeria from a company in India.
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
Get latest market insights & trade transaction data
Market Brief | Instant insights
Quickly access actionable insights into the Soybean market with interactive charts and analyses. Market Brief offers a concise overview of export, import, and wholesale prices to guide your trade strategy. Start for free by exploring past Curations.
Transaction Data | In-depth analysis
Access detailed transaction records and company analysis for Soybean, 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 Soybean 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 Soybean calculated?
The low and high prices are calculated from Nigeria data for Soybean 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 Soybean in Nigeria in Tridge?
We have 467 transaction records for Soybean in Nigeria. Visit our About Transaction Data page to explore its features.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.