Cocoa Butter Prices in Nigeria
| Variety | Market level | Price (US$/kg) | Local (NGN) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 13.11 | 6,040 | ▲ 153.6% | ▲ 153.6% | UN Comtrade (unit value) |
As of June 2026, the cocoa butter price in Nigeria available is US$ 13.11 per kg (6,040 NGN), up 153.6% year-on-year.
Nigeria is a net exporter of cocoa butter, ranking 11th out of 93 exporters in 2024 with exports valued at US$205,929,069 and totaling 15,712 tonnes. This represents 1.7% of global exports and a 195.0% year-on-year increase. The latest export unit value for Nigerian cocoa butter is US$13.1063 per kg.
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Cocoa Butter Price History & Trend
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Production, Exports, Imports & HS Codes - cocoa butter in Nigeria
Nigeria is a net exporter of cocoa butter, ranking 11th out of 93 exporters in 2024 with exports valued at US$205,929,069 and totaling 15,712 tonnes. This represents 1.7% of global exports and a 195.0% year-on-year increase. The latest export unit value for Nigerian cocoa butter is US$13.1063 per kg.
Exports UN Comtrade · 2024
In 2024, Nigeria exported $205.9M (15.7 kt) of cocoa butter▲ 195% YoY. That ranks #11 worldwide (1.7% of global exports).
Export value by year (US$)
Export volume by year
Top cocoa butter exporters worldwide UN Comtrade · 2024
- #1 Netherlands $3.08B · 24.8%
- #2 Indonesia $1.71B · 13.8%
- #3 Germany $1.7B · 13.7%
- #4 France $1.23B · 9.9%
- #5 Malaysia $1.19B · 9.6%
Annual export data Nigeria · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $205.9M | 15.7 kt | $13.11 |
| 2023 | $69.8M | 13.5 kt | $5.17 |
| 2022 | $37.7M | 10.6 kt | $3.56 |
| 2021 | $34M | 8.5 kt | $3.99 |
| 2020 | $36.7M | 7.5 kt | $4.87 |
HS Code
cocoa butter is traded under Harmonized System code 1804.00. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.