Butter Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.29 | 594 | ▼ 26.5% | ▼ 26.5% | UN Comtrade (unit value) |
As of June 2026, the butter price in Nigeria available is US$ 1.29 per kg (594 NGN), down 26.5% year-on-year.
In 2023, Nigeria exported 16 tonnes of butter valued at US$20,605, ranking #93 among 119 global exporters and accounting for 0.0% of world exports. The country produced 11,939 tonnes of butter, placing it at #49 globally with 0.2% of world output. The latest export unit value for Nigerian butter is US$1.2891 per kg.
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Butter Price History & Trend
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Production, Exports, Imports & HS Codes - butter in Nigeria
In 2023, Nigeria exported 16 tonnes of butter valued at US$20,605, ranking #93 among 119 global exporters and accounting for 0.0% of world exports. The country produced 11,939 tonnes of butter, placing it at #49 globally with 0.2% of world output. The latest export unit value for Nigerian butter is US$1.2891 per kg.
Exports UN Comtrade · 2023
In 2023, Nigeria exported $20.6K (16 t) of butter▼ 9.6% YoY. That ranks #93 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top butter exporters worldwide UN Comtrade · 2023
- #1 Ireland $1.78B · 18.4%
- #2 New Zealand $1.72B · 17.8%
- #3 Netherlands $1.38B · 14.3%
- #4 Germany $832.2M · 8.6%
- #5 France $784.9M · 8.1%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2023 | $20.6K | 16 t | $1.29 |
| 2022 | $22.8K | 13 t | $1.75 |
Production FAOSTAT · 2023
Nigeria produced 11.9 kt of butter in 2023▲ 0.2% YoY. It ranks #49 among producing countries (0.2% of world output).
Production by year (tonnes)
HS Code
butter is traded under Harmonized System code 0405.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.