What is the price of sugar per kilogram/pound in Benin today?
The retail price range for Benin sugar is between US$ 0.96 and US$ 0.96 per kilogram or between US$ 0.43 and US$ 0.43 per pound(lb). Click here to see today's exact prices of sugar in Benin
The retail price range in CFA Franc BCEAO for sugar is between XOF 583.23 and XOF 583.23 per kilogram or between XOF 264.50 and XOF 264.50 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin sugar is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.30 and US$ 0.30 per pound(lb).
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Benin Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar 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. This year, the export price per kilogram of sugar from Benin is $0.65. Based on this trend, it is likely that the export price per kilogram of sugar from Benin will be $0.70 in 2023 and $0.75 in 2024.The sugar exports from Benin are classified as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
Benin Sugar Import Prices - Historical, Trends and Prediction
The import price of sugar into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram of sugar was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60 per kilogram, and in 2021 it further increased to $0.70. The most recent data shows that the import price of sugar into Benin in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of sugar over the past five years. Looking ahead, it is likely that the import price of sugar into Benin will continue to increase in the coming years. Based on the data, it is predicted that the import price of sugar into Benin in 2023 will be $0.90 per kilogram, and in 2024 it will be $1.00 per kilogram.Export values for Benin sugar
The total values in export for sugar in Benin were US$ 5,573, US$ 5,139, US$ 3,680 and US$ 88 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 sugar in other countries across Africa: Algeria sugar, Angola sugar, Botswana sugar, Burundi sugar, Cameroon sugar, Cape Verde sugar, Central African Republic sugar, Comoros sugar, DRC Congo sugar & Benin sugar.
Benin sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin sold 347 tonnes of sugar. For 2019 alone, the demand for Benin sugar (processed category) has reduced, changing by -96.151 pc compared to the year 2018. Between 2017 and 2019, sugar's exports reduced by -96.35 pc netting the exporter US$0.09m for the year 2019. Benin's sugar exports are classified as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
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Benin sugar export values
In 2019, Benin shipped sugar worth 0.09m USD, a reduction of -97.55% from 2018's total sugar export of 3.68m USD. The annual reduction in value of Benin sugar between 2017 to 2018 was -28.391 pc.
The per year variation in the amount of Benin's sugar exports between 2017 and 2019 was -96.35 pc compared to a variation of -96.151% in the period between 2018 and 2019.
Export markets for Benin sugar ( in '000$ )
Benin's best performing export markets for sugar are Brazil, Ghana, Nigeria, the Netherlands and France.
Benin brought in 146,003 tonnes of sugar in 2019.