Forest Products, Livelihoods and Conservation

120 A case study of garcinia kola nut production-to-consumption system

Village Exchange rate: US$1 = N100; n.a. means data not available.Source: Field survey.

Price range, in N (US$)

Farm gate

Bulk

Depot

Major

Vendor

Approx.

Approx.

price

selling

selling

retailing

itinerant

number of

average

ofretailing

nuts per 25

baskets/season/

kg basket

Kg basket

household

Osoko

500–700

800–1,000

1,200–1,500

1,500–1,750

2,000–2,500

2,500–2,800

7

(5–7)

(8–10)

(12–15)

(15–17.5)

(20–25)

Abeku

500–650

750–850

1,200–1,500

1,500–1,750

2,000–2,500

2,700–2,800

3

(5–6.5)

(7.5–8.5)

(12–15)

(15–17.5)

(20–25)

Olooji

550–700

800–900

1,300–1,600

1,500–1750

2,000–2,300

2,400–2,600

5

(5.5–7)

(8–9)

(13–16)

(15–17.5)

(20–23)

Idi-Egun

600–700

700–800

1,000–1,300

1,300–1,500

1,750–2,000

2,000–2,300

3

(6–7)

(7–8)

(10–13)

(13–15)

(17.5–20)

Aberu

n.a.

n.a.

n.a.

n.a.

2,300–2,500

2,560–2,800

5

(23–25)

Fowowa

n.a.

n.a.

n.a.

1,400–1,600

2,000–2,500

2,500–2,700

2

(14–16)

(20–25)

Mean

537.5–687.5

762–887

1,175–1,475

1,440–1,660

2,016–2,383

2,443–2,683

3

(5.37–687)

(7.62–8.87)

(11.75–4.75)

(14.4–16.6)

(20.16–23.83)

Table 1.

Market price profile for 25 kg basket of

Garcinia kola

nuts at J4 farm gate and consumers’ markets

07garcinia.p65 120 22/12/2004, 11:04