What is the price of kola nuts per kilogram/pound in Ghana today?
The retail price range for Ghana kola nuts is between US$ 2.95 and US$ 9.82 per kilogram or between US$ 1.34 and US$ 4.45 per pound(lb). Click here to see today's exact prices of kola nuts in Ghana
The retail price range in Ghana Cedi for kola nuts is between GHS 31.69 and GHS 105.62 per kilogram or between GHS 14.37 and GHS 47.90 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana kola nuts is between US$ 2.06 and US$ 6.88 per kilogram or between US$ 0.94 and US$ 3.12 per pound(lb).
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Ghana Kola Nuts Export Prices - Historical, Trends and Prediction
The export price of Kola Nuts from Ghana over the last five years has been relatively stable. In 2013, the price per kilogram was 0.25 US dollars, and in 2014, it decreased to 0.20 US dollars. This price remained the same in 2015 and 2016, before dropping to 0.19 US dollars in 2017. In 2018, the price increased slightly to 0.20 US dollars, and then rose again to 0.22 US dollars in 2019. However, in 2020 and 2021, the price dropped to 0.00 US dollars. Based on this data, it is likely that the export price of Kola Nuts from Ghana in 2023 and 2024 will remain around 0.20 US dollars.The kola nuts exports from Ghana are categorised as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
Ghana Kola Nuts Import Prices - Historical, Trends and Prediction
The import price of Kola Nuts into Ghana over the last five years has been relatively stable. In 2013, the price per kilogram was 0.25 US dollars, and this decreased to 0.20 US dollars in 2014 and 2015. In 2016, the price increased slightly to 0.21 US dollars, before dropping to 0.19 US dollars in 2017. The price then increased again to 0.20 US dollars in 2018, before reaching its highest point of 0.22 US dollars in 2019. The price then dropped to 0.00 US dollars in 2020 and 2021. Based on this data, it is likely that the price of Kola Nuts into Ghana will remain relatively stable in the next two years, with a predicted price of 0.20 US dollars in 2023 and 0.21 US dollars in 2024.Export values for Ghana kola nuts
The total values in export for kola nuts in Ghana were US$ 781, US$ 1,388, US$ 545 and US$ 591 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Ghana: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Areca (Betel) Nut.
See prices of kola nuts in other countries across Africa: Algeria kola nuts, Angola kola nuts, Botswana kola nuts, Burundi kola nuts, Cameroon kola nuts, Cape Verde kola nuts, Central African Republic kola nuts, Comoros kola nuts, DRC Congo kola nuts & Benin kola nuts.
Ghana kola nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 2,738 tonnes of kola nuts. In 2019 alone, the interest in Ghana kola nuts (nuts category) has improved, with a change of 1.37 % compared to the year 2018. Between 2017 and 2019, kola nuts' exports reduced by -62.37% earning Ghana US$0.59m for the year 2019. Ghana's kola nuts exports are classified as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
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Ghana kola nuts export values
In 2019, Ghana shipped kola nuts with a value of 0.59m USD, an increase of 8.26% from 2018's total kola nuts export of 0.545m USD. The annual increase in value of Ghana kola nuts between 2017 to 2018 was -60.735 pc.
The annual/yearly change in the quantity of Ghana's kola nuts exports between 2017 and 2019 was -62.37% when compared to a variation of 1.37% in the growth rate between 2018 and 2019.
Export markets for Ghana kola nuts ( in '000$ )
Ghana's top destinations for kola nuts are Nigeria, Burkina Faso, Ivory Coast (Côte d'Ivoire
), US and United Kingdom (UK).
Ghana procured 2,331 tonnes of kola nuts in 2019.
Production
The production of kola nuts in Ghana was 25,303 tonnes in 2019 and is estimated to change by an average of 1.4%. The country had approximately 90,021.00 hectares under kola nuts cultivation.