What is the price of maize per kilogram/pound in Benin today?
The retail price range for Benin maize is between US$ 0.97 and US$ 0.97 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of maize in Benin
The retail price range in CFA Franc BCEAO for maize is between XOF 593.84 and XOF 593.84 per kilogram or between XOF 269.32 and XOF 269.32 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin maize is between US$ 0.68 and US$ 0.68 per kilogram or between US$ 0.31 and US$ 0.31 per pound(lb).
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Benin Maize Export Prices - Historical, Trends and Prediction
The export price of Maize 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 Maize from Benin in 2022 was $0.65. 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 Maize from Benin in 2023 and 2024 will be $0.70 and $0.75 respectively.The Benin maize exports are classified as:
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
Benin Maize Import Prices - Historical, Trends and Prediction
The import price of Maize into Benin over the last five years has been quite volatile. In 2018, the price per kilogram was $0.45, which was the highest in the five-year period. This was followed by a sharp decline in 2019 to $0.25 per kilogram. In 2020, the price increased slightly to $0.30 per kilogram, before dropping again in 2021 to $0.20 per kilogram. The most recent data shows that the price has increased to $0.25 per kilogram in 2022. Overall, the import price of Maize into Benin has seen a downward trend over the last five years, with the highest price being in 2018 and the lowest in 2021. It is difficult to predict the prices for 2023 and 2024, as the prices have been quite volatile over the last five years. However, it is likely that the prices will remain relatively stable in the near future.Export values for Benin maize
The total values in export for maize in Benin were US$ 7, US$ 3, US$ 3 and US$ 3 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Benin: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Africa: Algeria maize, Angola maize, Botswana maize, Burundi maize, Cameroon maize, Cape Verde maize, Central African Republic maize, Comoros maize, DRC Congo maize & Benin maize.
Benin maize - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin exported 2 tonnes of maize. For 2019 alone, the interest in Benin maize (cereals/grains category) has shrunk, recording a change of -60 percent compared to the year 2018. Between 2017 and 2019, maize's exports increased by 100 percent netting the nation US$0.00m for the year 2019. Benin's maize exports are classified as:
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
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Benin maize export values
In 2019, Benin supplied maize costing 0.00m USD, a decrease of -100.00% from 2018's total maize export of 0.003m USD. The yearly change in value of Benin maize between 2017 to 2018 was 0 pc.
The annual change in the volume of Benin's maize exports between 2017 and 2019 was 100 pc compared to a variation of -60% in the period between 2018 and 2019.
Export markets for Benin maize ( in '000$ )
Benin's best performing export markets for maize are Togo, Niger, Ghana, Gabon and DRC Congo.
Benin procured 2,653 tonnes of maize in 2019.
Production
The production of maize in Benin was 4,500,000 tonnes in 2019 and is forecast to change by an average of -0.65%. The country had an estimated 3,000,000.00 hectares under maize cultivation.