What is the price of ethyl alcohol per kilogram/pound in Benin today?
The retail price range for Benin ethyl alcohol is between US$ 0.96 and US$ 1.91 per kilogram or between US$ 0.43 and US$ 0.87 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Benin
The retail price range in CFA Franc BCEAO for ethyl alcohol is between XOF 582.80 and XOF 1,165.61 per kilogram or between XOF 264.31 and XOF 528.62 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin ethyl alcohol is between US$ 0.67 and US$ 1.34 per kilogram or between US$ 0.30 and US$ 0.61 per pound(lb).
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Benin Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from Benin has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the export price per kilogram of Ethyl Alcohol from Benin was $0.65 in 2022. This represents a steady increase of $0.20 over the past five years. Based on this trend, it is likely that the export price per kilogram of Ethyl Alcohol from Benin will continue to increase in the coming years, with an estimated price of $0.70 in 2023 and $0.75 in 2024.Benin Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price of Ethyl Alcohol into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of Ethyl Alcohol into Benin was $0.80 in 2022. This represents an overall increase of 77.78% in the import price over the past five years. Looking ahead, it is likely that the import price of Ethyl Alcohol into Benin will continue to increase in the coming years. Based on the data, it is predicted that the import price per kilogram of Ethyl Alcohol into Benin will be $0.90 in 2023 and $1.00 in 2024.Export values for Benin ethyl alcohol
The total values in export for ethyl alcohol in Benin were US$ 47, US$ 56, US$ 102 and US$ 22 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Benin: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of ethyl alcohol in other countries across Africa: Algeria ethyl alcohol, Angola ethyl alcohol, Botswana ethyl alcohol, Burundi ethyl alcohol, Cameroon ethyl alcohol, Cape Verde ethyl alcohol, Central African Republic ethyl alcohol, Comoros ethyl alcohol, DRC Congo ethyl alcohol & Benin ethyl alcohol.
Benin ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin shipped 18 tonnes of ethyl alcohol. For 2019 alone, the demand for Benin ethyl alcohol (processed category) has decreased, flactuating by -30.769 percent compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports went down by -14.29% earning the nation US$0.02m for the year 2019. Benin's ethyl alcohol exports are classified as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
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Benin ethyl alcohol export values
In 2019, Benin supplied ethyl alcohol costing 0.02m USD, a drop of -80.39% from 2018's total ethyl alcohol export of 0.102m USD. The annual change in value of Benin ethyl alcohol between 2017 to 2018 was 82.143 pc.
The per year change in the volume of Benin's ethyl alcohol exports between 2017 and 2019 was -14.29% compared to a variation of -30.769% in the period between 2018 and 2019.
Export markets for Benin ethyl alcohol ( in '000$ )
Benin purchased 3,674 tonnes of ethyl alcohol in 2019.