What is the price of wine per kilogram/pound in Benin today?
The retail price range for Benin wine is between US$ 10.83 and US$ 33.46 per kilogram or between US$ 4.91 and US$ 15.18 per pound(lb). Click here to see today's exact prices of wine in Benin
The retail price range in CFA Franc BCEAO for wine is between XOF 6,601.34 and XOF 20,404.15 per kilogram or between XOF 2,993.81 and XOF 9,253.58 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin wine is between US$ 7.58 and US$ 23.42 per kilogram or between US$ 3.44 and US$ 10.62 per pound(lb).
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Benin Wine Export Prices - Historical, Trends and Prediction
The export prices of wine from Benin have seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The most recent data shows that the export price per kilogram of wine from Benin in 2022 was $2.05. Looking ahead, it is likely that the export price per kilogram of wine from Benin will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of wine from Benin in 2023 will be around $2.20, and in 2024 it will be around $2.35.The exports of wine from Benin are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
Benin Wine Import Prices - Historical, Trends and Prediction
The import price of wine into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the import price per kilogram of wine into Benin was $3.80. Overall, the import price of wine into Benin has increased by 52% over the past five years. This trend is likely to continue in the coming years, with the import price per kilogram of wine predicted to reach $4.10 in 2023 and $4.40 in 2024.Export values for Benin wine
The total values in export for wine in Benin were US$ 151, US$ 77, US$ 79 and US$ 33 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 wine in other countries across Africa: Algeria wine, Angola wine, Botswana wine, Burundi wine, Cameroon wine, Cape Verde wine, Central African Republic wine, Comoros wine, DRC Congo wine & Benin wine.
Benin wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin exported 17 tonnes of wine. Through 2019 alone, the market for Benin wine (processed category) has gone down, with a change of -43.333 pc compared to the year 2018. Between 2017 and 2019, wine's exports decreased by -32 percent earning the exporter US$0.03m for the year 2019. Benin's wine exports are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
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Benin wine export values
In 2019, Benin exported wine costing 0.03m USD, a drop of -62.03% from 2018's total wine export of 0.079m USD. The annual change in value of Benin wine between 2017 to 2018 was 2.597%.
The per year variation in the amount of Benin's wine exports between 2017 and 2019 was -32 per cent compared to a variation of -43.333% in the period between 2018 and 2019.
Export markets for Benin wine ( in '000$ )
Benin's top destinations for wine are Ivory Coast (Côte d'Ivoire
), the Netherlands, France, South Africa and Gabon.
Benin procured 3,080 tonnes of wine in 2019.