What is the price of ethyl alcohol per kilogram/pound in Ghana today?
The retail price range for Ghana ethyl alcohol is between US$ 1.20 and US$ 1.31 per kilogram or between US$ 0.54 and US$ 0.60 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Ghana
The retail price range in Ghana Cedi for ethyl alcohol is between GHS 12.89 and GHS 14.11 per kilogram or between GHS 5.84 and GHS 6.40 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana ethyl alcohol is between US$ 0.84 and US$ 0.92 per kilogram or between US$ 0.38 and US$ 0.42 per pound(lb).
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Ghana Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ethyl Alcohol from Ghana has seen a steady decline over the past five years. In 2010, the price was 12.13 US dollars per kg, but by 2021, it had dropped to 0.00 US dollars per kg. In 2011, the price was 13.84 US dollars per kg, and in 2012, it was 6.94 US dollars per kg. In 2013, the price was 5.84 US dollars per kg, and in 2014, it was 3.36 US dollars per kg. In 2015, the price was 2.81 US dollars per kg, and in 2016, it was 1.22 US dollars per kg. In 2017, the price was 1.13 US dollars per kg, and in 2018, it was 1.26 US dollars per kg. In 2019, the price was 1.38 US dollars per kg, and in 2020, it was 0.00 US dollars per kg. Finally, in 2021, the price was 0.00 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Ethyl Alcohol from Ghana will remain at 0.00 US dollars per kg in 2023 and 2024.Ghana Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Ghana has seen a steady decline over the past five years. In 2016, the price was $1.22, followed by $1.13 in 2017, $1.26 in 2018, $1.38 in 2019 and $1.00 in 2020. This indicates a downward trend in the import price of Ethyl Alcohol into Ghana. Based on this trend, it is likely that the import price of Ethyl Alcohol into Ghana in 2023 will be around $0.90 and in 2024 will be around $0.80.Export values for Ghana ethyl alcohol
The total values in export for ethyl alcohol in Ghana were US$ 6,303, US$ 7,938, US$ 4,211 and US$ 6,418 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 ethyl alcohol in other countries across Africa: Algeria ethyl alcohol, Angola ethyl alcohol, Botswana ethyl alcohol, Burundi ethyl alcohol, Cameroon ethyl alcohol, Cape Verde ethyl alcohol, Central African Republic ethyl alcohol, Comoros ethyl alcohol, DRC Congo ethyl alcohol & Benin ethyl alcohol.
Ghana ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 4,660 tonnes of ethyl alcohol. Across 2019 alone, the market for Ghana ethyl alcohol (processed category) has gone up, flactuating by 39.605 percent compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports decreased by -33.87% bringing the nation US$6.42m for the year 2019. Ghana's ethyl alcohol exports are categorised as:
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
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Ghana ethyl alcohol export values
In 2019, Ghana shipped ethyl alcohol valued at 6.42m USD, an increase of 52.46% from 2018's total ethyl alcohol export of 4.211m USD. The annual increase in value of Ghana ethyl alcohol between 2017 to 2018 was -46.951%.
The annual change in the amount of Ghana's ethyl alcohol exports between 2017 and 2019 was -33.87 percent when compared to a variation of 39.605% in the growth rate between 2018 and 2019.
Ghana's stake of the world's total ethyl alcohol's exports in 2019 was less than 1%. The country is ranked position 70 in world exports of ethyl alcohol.
Export markets for Ghana ethyl alcohol ( in '000$ )
Ghana imported 79,916 tonnes of ethyl alcohol in 2019.