As of May 2024, the average price in Nigeria for a unit of frozen chicken added up to slightly over 4,829 Nigerian naira (NGN), which equaled 3.2 U.S. dollars. One kilogram of boneless beef cost 4,712 NGN (3.14 U.S dollars), whereas one piece of medium-sized chicken eggs reached nearly 151 NGN (10 cents).

Nigeria: Bread and cereal prices, world average = 100: The latest value from 2021 is 145.89 index points, an increase from 123.31 index points in 2017. In comparison, the world average is 111.22 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 134.6 index points. The minimum value, 123.31 index points, was reached in 2017 while the maximum of 145.89 index points was recorded in 2021.

In 2023, a loaf of fresh white bread of 500 grams cost 1.41 U.S. dollars in Accra, Ghana. This was the highest price among the selected African cities. In Kampala, Uganda, the price of a loaf of bread averaged 1.19 U.S. dollars, while it amounted to 1.08 U.S. dollars in Lagos, Nigeria. The African countries where bread was most expensive were Uganda, South Africa, and Mauritius.

Prices in Nigeria are increasing due to steady inflation and food items are particularly impacted. Food items have different prices across the states. In Anambra State, one kilogram of brown beans, sold loose, costed roughly 906 Naira (around 0.72 U.S. dollars) in August 2023. One kilogram of tomato also reached about 859 Naira, about 0.68 U.S. dollars, while a half kilogram of sliced bread costed some 821 Naira, which is equivalent to 0.65 U.S. dollars.

For the fourth consecutive year, Nigeria recorded growth in overseas purchases of fresh bread and miscellaneous bakery, which increased by 188% to 105K tons in 2023.

The Nigerien market for fresh bread and miscellaneous bakery expanded significantly to $22.7B in 2024, surging by 9.8% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2024: its value increased at an average annual rate of +5.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +89.9% against 2012 indices.

Cost of food in Nigeria increased 21.14 percent in May of 2025 over the same month in the previous year. This dataset provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The price per unit in the 'Milk' segment of the food market in Nigeria was forecast to continuously increase between 2025 and 2030 by in total one U.S. dollars (+39.22 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.5 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find more key insights for the price per unit in countries and regions like the volume in the 'Bread & Cereal Products' segment of the food market in China and the average volume per capita in the 'Bread & Cereal Products' segment of the food market in the world. The Statista Market Insights cover a broad range of additional markets.

The Nigerien bread and bakery market expanded markedly to $27.2B in 2024, picking up by 9% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2024: its value increased at an average annual rate of +5.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +87.3% against 2012 indices.

Fresh bread imports into Nigeria stood at X tons in 2017, jumping by X% against the previous year. In general, fresh bread imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2017, an increase of X% from the previous year. Nigeria imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.In value terms, fresh bread imports amounted to $X in 2017. Overall, fresh bread imports continue to indicate a prominent expansion.

Bread and Bakery Price in Nigeria - 2022. Find the latest marketing data on the IndexBox platform.

This statistic shows the current value growth of baked goods and bread in Nigeria in 2016. In 2016, the bread market current value growth was some 12 percent in Nigeria.

The price per unit in the 'Pasta' segment of the food market in Nigeria was forecast to continuously increase between 2025 and 2030 by in total 1.9 U.S. dollars (+47.86 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 5.84 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Pasta' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Ice Cream' segment of the food market in the United Kingdom and the average volume per capita in the 'Dairy Products & Eggs' segment of the food market in the Seychelles. The Statista Market Insights cover a broad range of additional markets.

Food prices in Nigeria are increasing due to steady inflation and vary from state to state. In Niger State, one kilogram of local rice, sold loose, costed roughly 732.3 Naira (around 0.58 U.S. dollars) in ِAugust 2023. One kilogram of yam tuber, on the other hand, reached about 785 naira, about 0.62 U.S. dollars, while brown beans, sold loose, costed 581.6 Naira per kilogram, some 0.46 U.S. dollars.

In 2023, the amount of rusks, toasted bread and similar toasted products imported into Nigeria surged to 614 tons, growing by 21% against the year before.

Price for Crispbread, Rusk and Toasted Bread in Nigeria - 2022. Find the latest marketing data on the IndexBox platform.

Prices in Nigeria are increasing due to steady inflation and food items are particularly impacted. Food items have different prices across the states. In Cross River State, one kilogram of brown beans, sold loose, cost approximately 696 Naira, around 0.56 U.S. dollars, in August 2023. One kilogram of tomato also reached 863 Naira, about 0.69 U.S. dollars, while a half kilogram of sliced bread cost 875 Naira, roughly 0.7 U.S. dollars.

The price per unit in the 'Breakfast Cereals' segment of the food market in Nigeria was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the tenth consecutive increasing year, the price per unit is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Breakfast Cereals' segment of the food market was continuously increasing over the past years.Find further information concerning the average revenue per capita in the 'Fruits & Nuts' segment of the food market in Iceland and the volume in the 'Milk' segment of the food market in Brazil. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Nigerien rusks and toasted bread market increased by 4.6% to $863M, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market reached the peak level in 2024 and is expected to retain growth in years to come.

In 2024, the Nigerien market for crispbread, rusks and toasted bread increased by 0.5% to $735M, rising for the fifth year in a row after two years of decline. In general, the total consumption indicated a moderate increase from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.