What is the price of cocoa butter per kilogram/pound in Ghana today?
The retail price range for Ghana cocoa butter is between US$ 10.64 and US$ 31.92 per kilogram or between US$ 4.83 and US$ 14.48 per pound(lb). Click here to see today's exact prices of cocoa butter in Ghana
The retail price range in Ghana Cedi for cocoa butter is between GHS 114.40 and GHS 343.20 per kilogram or between GHS 51.88 and GHS 155.65 per pound(lb) in Accra and Kumasi.
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In 2024, the approximate wholesale price range for Ghana cocoa butter is between US$ 7.45 and US$ 22.34 per kilogram or between US$ 3.38 and US$ 10.13 per pound(lb).
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Ghana Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Butter from Ghana over the last five years has seen a significant fluctuation. In 2016, the price was at its lowest at 1.83 US $ per kg, before rising to 5.38 US $ per kg in 2014. Since then, the price has been steadily decreasing, with the most recent figures for 2020 and 2021 being 0.00 US $ per kg. Looking ahead, it is likely that the price of Cocoa Butter from Ghana will remain low in the next two years, with an estimated price of 0.00 US $ per kg in 2023 and 2024.The exports of cocoa butter from Ghana are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
Ghana Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into Ghana over the last five years has been quite volatile. In 2016, the price was at its lowest at $1.83, before rising to $5.38 in 2014. Since then, the price has been on a downward trend, reaching $4.62 in 2018 and $4.87 in 2019. The price has remained steady at $4.87 in 2020 and 2021. Based on this trend, it is likely that the import price per kilogram of Cocoa Butter into Ghana will remain steady at $4.87 in 2023 and 2024.Export values for Ghana cocoa butter
The total values in export for cocoa butter in Ghana were US$ 276,454, US$ 287,230 and US$ 337,276 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Ghana: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Africa: Algeria cocoa butter, Angola cocoa butter, Botswana cocoa butter, Burundi cocoa butter, Cameroon cocoa butter, Cape Verde cocoa butter, Central African Republic cocoa butter, Comoros cocoa butter, DRC Congo cocoa butter & Benin cocoa butter.
Ghana cocoa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 69,279 tonnes of cocoa butter. For the year 2019 alone, the market for Ghana cocoa butter (processed category) has escalated, recording a change of 11.338 pc compared to the year 2018. Between 2017 and 2019, cocoa butter's exports went up by 23.48 percent bringing the exporter US$337.28m for the year 2019. Ghana's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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Ghana cocoa butter export values
In 2019, Ghana shipped cocoa butter with a value of 337.28m USD, a growth of 17.43% from 2018's total cocoa butter export of 287.23m USD. The annual growth in value of Ghana cocoa butter between 2017 to 2018 was 3.898 per cent.
The yearly variation in the quantity of Ghana's cocoa butter exports between 2017 and 2019 was 23.48% compared to a variation of 11.338% in the period between 2018 and 2019.
Export markets for Ghana cocoa butter ( in '000$ )
Ghana's leading destinations for cocoa butter are the Netherlands, Germany, France, US and Belgium.
Ghana purchased 0 tonnes of cocoa butter in 2019.