What is the price of lard oil per kilogram/pound in Botswana today?
The retail price range for Botswana lard oil is between US$ 2.86 and US$ 4.76 per kilogram or between US$ 1.29 and US$ 2.16 per pound(lb). Click here to see today's exact prices of lard oil in Botswana
The retail price range in Pula for lard oil is between BWP 38.58 and BWP 64.30 per kilogram or between BWP 17.50 and BWP 29.16 per pound(lb) in Gaborone and Francistown.
Wholesale prices
In 2024, the approximate wholesale price range for Botswana lard oil is between US$ 2.00 and US$ 3.33 per kilogram or between US$ 0.91 and US$ 1.51 per pound(lb).
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Botswana Lard Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lard Oil from Botswana over the last five years has been relatively stable. In 2017, the price was 0.51 US $ per kg, followed by 0.44 US $ per kg in 2018 and 0.42 US $ per kg in 2019. In 2020, the price dropped to 0.34 US $ per kg, before increasing to 0.43 US $ per kg in 2021. The lowest price in the last five years was 0.34 US $ per kg in 2020, while the highest was 0.55 US $ per kg in 2011. Based on this data, it is likely that the export price per kilogram of Lard Oil from Botswana will remain relatively stable in the next two years, with prices likely to be around 0.40 US $ per kg in 2023 and 0.45 US $ per kg in 2024.Botswana Lard Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lard Oil into Botswana has seen a steady decline over the last five years. In 2017, the price was 0.51 US dollars per kg, and this decreased to 0.44 US dollars per kg in 2018. The price then dropped further to 0.42 US dollars per kg in 2019 and 0.34 US dollars per kg in 2020. The most recent data shows that the price has increased slightly to 0.43 US dollars per kg in 2021. Based on this trend, it is likely that the price of Lard Oil in Botswana will continue to decrease in the coming years, and it is predicted that the price will be 0.41 US dollars per kg in 2023 and 0.39 US dollars per kg in 2024.Export values for Botswana lard oil
The total values in export for lard oil in Botswana were US$ 224, US$ 1,280, US$ 128 and US$ 1,840 in US dollar thousand for the years 2014, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Botswana: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lard oil in other countries across Africa: Algeria lard oil, Angola lard oil, Botswana lard oil, Burundi lard oil, Cameroon lard oil, Cape Verde lard oil, Central African Republic lard oil, Comoros lard oil, DRC Congo lard oil & Benin lard oil.
Botswana lard oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Botswana sold 4,400 tonnes of lard oil. For the year 2019 alone, the demand for Botswana lard oil (processed category) has surged, recording a change of 1618.75 per cent compared to the year 2018. Between 2017 and 2019, lard oil's exports grew by 143.36 pc bringing the country US$1.84m for the year 2019. Botswana's lard oil exports are classified as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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Botswana lard oil export values
In 2019, Botswana supplied lard oil costing 1.84m USD, a growth of 1,337.50% from 2018's total lard oil export of 0.128m USD. The yearly growth in value of Botswana lard oil between 2017 to 2018 was -90%.
The per year change in the amount of Botswana's lard oil exports between 2017 and 2019 was 143.36 pc when compared to a variation of 1618.75% in the growth rate between 2018 and 2019.
Botswana's share of the world's total lard oil's exports in 2019 was less than 1%. The country is ranked position 90 in world exports of lard oil.
Export markets for Botswana lard oil ( in '000$ )
Import/Export Trends
Botswana is a net importer of lard oil. The annual growth of Botswana lard oil in value between 2015 to 2019 was 88%, per year, while annual growth in quantity through the same period was 82%, per annum.
Botswana brought in 0 tonnes of lard oil in 2019.