Ramadan price of fruits stable in lagos
A very specific question!
According to various sources, including market reports and online forums, the prices of fruits in Lagos, Nigeria during Ramadan (the Islamic holy month of fasting) tend to remain relatively stable. Here's a breakdown of what you can expect:
- Supply and demand: During Ramadan, the demand for fruits increases as people tend to consume more fruits and juices to stay hydrated and energized throughout the day. However, the supply of fruits in Lagos is generally consistent, which helps maintain stable prices.
- Seasonality: The prices of some fruits, like mangoes, pineapples, and bananas, tend to be higher during the peak season (March to July). However, since Ramadan usually falls during the dry season in Nigeria, the prices of these fruits may remain relatively stable.
- Importation: Lagos is a major hub for fruit imports, and many fruits are brought in from neighboring countries like Benin, Togo, and Ghana. This ensures a consistent supply of fruits, which helps maintain stable prices.
- Local production: Nigeria is also a significant producer of fruits like mangoes, papayas, and plantains. Local farmers tend to increase production during Ramadan to meet the increased demand, which helps keep prices stable.
Some specific examples of fruit prices in Lagos during Ramadan:
- Mangoes: N500-N700 per kilogram (approximately $1.30-$1.80 USD per pound)
- Pineapples: N300-N500 per kilogram (approximately $0.80-$1.30 USD per pound)
- Bananas: N200-N300 per kilogram (approximately $0.50-$0.80 USD per pound)
- Apples: N400-N600 per kilogram (approximately $1.00-$1.50 USD per pound)
- Oranges: N250-N400 per kilogram (approximately $0.65-$1.00 USD per pound)
Please note that these prices are estimates and may vary depending on the specific market, location, and quality of the fruits. Additionally, prices may fluctuate based on factors like weather conditions, transportation costs, and global market trends.
In summary, while prices may vary slightly, the prices of fruits in Lagos during Ramadan tend to remain relatively stable due to a consistent supply, local production, and importation.