What is the price of butter per kilogram/pound in Ghana today?
The retail price range for Ghana butter is between US$ 8.77 and US$ 15.59 per kilogram or between US$ 3.98 and US$ 7.07 per pound(lb). Click here to see today's exact prices of butter in Ghana
The retail price range in Ghana Cedi for butter is between GHS 94.29 and GHS 167.62 per kilogram or between GHS 42.76 and GHS 76.02 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana butter is between US$ 6.14 and US$ 10.91 per kilogram or between US$ 2.78 and US$ 4.95 per pound(lb).
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Ghana Butter Export Prices - Historical, Trends and Prediction
The export price of Butter from Ghana over the last five years has been relatively stable. In 2016, the price was 0.83 US$ per kg, and in 2017 it was 0.80 US$ per kg. In 2018, the price increased to 1.24 US$ per kg, before dropping to 0.63 US$ per kg in 2019. In 2020 and 2021, the price was 0.00 US$ per kg. Based on this data, it is predicted that the export price of Butter from Ghana in 2023 will be 0.83 US$ per kg and in 2024 will be 0.80 US$ per kg.Ghana Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Butter into Ghana over the last five years has been quite volatile. In 2017, the price was 0.80 US$ per kg, followed by a slight increase to 1.24 US$ per kg in 2018. However, the price dropped significantly in 2019 to 0.63 US$ per kg and further decreased to 0.00 US$ per kg in 2020 and 2021. Looking ahead, it is expected that the import price per kilogram of Butter into Ghana will remain at 0.00 US$ per kg in 2023 and 2024.Export values for Ghana butter
The total values in export for butter in Ghana were US$ 275, US$ 245, US$ 42 and US$ 108 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Ghana: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Africa: Algeria butter, Angola butter, Botswana butter, Burundi butter, Cameroon butter, Cape Verde butter, Central African Republic butter, Comoros butter, DRC Congo butter & Benin butter.
Ghana butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana sold 172 tonnes of butter. Through 2019 alone, the demand for Ghana butter (processed category) has surged, with a change of 405.882 pc compared to the year 2018. Between 2017 and 2019, butter's exports went down by -43.97 pc bringing the country US$0.11m for the year 2019. Ghana's butter exports are classified as:
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
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Ghana butter export values
In 2019, Ghana exported butter with a value of 0.11m USD, an increment of 161.90% from 2018's total butter export of 0.042m USD. The yearly growth in value of Ghana butter between 2017 to 2018 was -82.857 pc.
The per year variation in the amount of Ghana's butter exports between 2017 and 2019 was -43.97 per cent when compared to a variation of 405.882% in the growth rate between 2018 and 2019.
Export markets for Ghana butter ( in '000$ )
Ghana brought in 2,187 tonnes of butter in 2019.