December 2024 saw the highest year-on-year increase in average movie ticket prices

Key takeaways

  • December 2024 saw the biggest year-on-year increase in average movie ticket price since the 38.5% increase in 2021.
  • Cinema ticket prices in Nigeria have maintained an upward price trend since 2018, increasing by over 300%.
  • Since 2021, average ticket prices in December have maintained double-digit increases over 30% annually.
  • 2024's average ticket price was 17% below projections.

December is usually a busy month at cinemas and many public entertainment spaces. However, the steady increase in the price of movie tickets impacts the pockets of cinema-goers in Nigeria.
Since 2018, the average ticket price in December has increased by over 300%, with cinema-goers paying 4x more for a ticket in 2024. Since 2021, ticket prices in December have increased significantly on an annual basis, with 2024 recording the highest increase of 45%. While 2024's December average is the highest to date, it was 17% below Nile Entertainment's projection of ₦6,107, a relief for Nigerian cinema-goers.

Source:

Nile Entertainment, Filmone Entertainment

Period:

2018-2024
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