What is the price of cacao (cocoa)paste per kilogram/pound in Ghana today?
The retail price range for Ghana cacao (cocoa)paste is between US$ 4.93 and US$ 5.91 per kilogram or between US$ 2.23 and US$ 2.68 per pound(lb). Click here to see today's exact prices of cacao (cocoa)paste in Ghana
The retail price range in Ghana Cedi for cacao (cocoa)paste is between GHS 52.99 and GHS 63.59 per kilogram or between GHS 24.03 and GHS 28.84 per pound(lb) in Accra and Kumasi.
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In 2024, the approximate wholesale price range for Ghana cacao (cocoa)paste is between US$ 3.45 and US$ 4.14 per kilogram or between US$ 1.56 and US$ 1.88 per pound(lb).
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Ghana Cacao (cocoa)paste Export Prices - Historical, Trends and Prediction
The export price of Cacao (Cocoa)paste from Ghana over the last five years has been quite varied. In 2016, the price per kilogram was 0.93 US dollars, followed by a significant increase to 3.25 US dollars in 2017. In 2018 and 2019, the price per kilogram was 2.84 and 2.72 US dollars respectively. However, in 2020 and 2021, the price per kilogram dropped to 0.00 US dollars. Based on this data, it is predicted that the export price of Cacao (Cocoa)paste from Ghana in 2023 and 2024 will be 2.84 and 2.72 US dollars per kilogram respectively.The Ghana cacao (cocoa)paste exports are categorised as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
Ghana Cacao (cocoa)paste Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cacao (Cocoa)paste into Ghana over the last five years has been quite varied. In 2015 and 2014, the price was the same at $3.47. In 2013, the price was slightly lower at $2.84. In 2011, the price was the highest at $3.98. In 2012, the price dropped to $2.00 and in 2018, the price was again $2.84. The most recent year, 2020, saw the price drop to $0.00. Looking ahead, it is difficult to predict the import price per kilogram of Cacao (Cocoa)paste into Ghana for 2023 and 2024. However, based on the data from the last five years, it is likely that the price will remain relatively stable, with some fluctuations. It is possible that the price could reach $3.00 or higher in 2023 and 2024.Export values for Ghana cacao (cocoa)paste
The total values in export for cacao (cocoa)paste in Ghana were US$ 27, US$ 407,388, US$ 396,371 and US$ 409,589 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, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cacao (cocoa)paste in other countries across Africa: Algeria cacao (cocoa)paste, Angola cacao (cocoa)paste, Botswana cacao (cocoa)paste, Burundi cacao (cocoa)paste, Cameroon cacao (cocoa)paste, Cape Verde cacao (cocoa)paste, Central African Republic cacao (cocoa)paste, Comoros cacao (cocoa)paste, DRC Congo cacao (cocoa)paste & Benin cacao (cocoa)paste.
Ghana cacao (cocoa)paste - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana exported 150,549 tonnes of cacao (cocoa)paste. Across 2019 alone, the demand for Ghana cacao (cocoa)paste (processed category) has escalated, with a change of 7.693 pc compared to the year 2018. Between 2017 and 2019, cacao (cocoa)paste's exports increased by 19.98 percent netting the exporter US$409.59m for the year 2019. Ghana's cacao (cocoa)paste exports are classified as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
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Ghana cacao (cocoa)paste export values
In 2019, Ghana exported cacao (cocoa)paste valued at 409.59m USD, an increase of 3.34% from 2018's total cacao (cocoa)paste export of 396.371m USD. The annual increase in value of Ghana cacao (cocoa)paste between 2017 to 2018 was -2.704 percent.
The per year variation in the amount of Ghana's cacao (cocoa)paste exports between 2017 and 2019 was 19.98% compared to a variation of 7.693% in the period between 2018 and 2019.
Export markets for Ghana cacao (cocoa)paste ( in '000$ )
Ghana's best performing destinations for cacao (cocoa)paste are Spain, the Netherlands, US, Estonia and Poland.
Ghana ordered 0 tonnes of cacao (cocoa)paste in 2019.