What is the price of linseed oil per kilogram/pound in Ghana today?
The retail price range for Ghana linseed oil is between US$ 3.92 and US$ 6.87 per kilogram or between US$ 1.78 and US$ 3.11 per pound(lb). Click here to see today's exact prices of linseed oil in Ghana
The retail price range in Ghana Cedi for linseed oil is between GHS 42.19 and GHS 73.84 per kilogram or between GHS 19.14 and GHS 33.49 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana linseed oil is between US$ 2.75 and US$ 4.81 per kilogram or between US$ 1.25 and US$ 2.18 per pound(lb).
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Ghana Linseed Oil Export Prices - Historical, Trends and Prediction
The export price of Linseed Oil from Ghana has seen a steady decline over the past five years. In 2014, the price per kilogram was 2.25 US dollars, which dropped to 1.77 US dollars in 2017. In 2018 and 2019, the price remained steady at 1.00 US dollars per kilogram. However, in 2020 and 2021, the price dropped to 0.00 US dollars per kilogram. Based on this trend, it is predicted that the export price of Linseed Oil from Ghana will remain at 0.00 US dollars per kilogram in 2023 and 2024.The linseed oil exports from Ghana are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
Ghana Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Ghana has seen a significant decrease over the past five years. In 2014, the price was 2.25 US dollars per kg, which dropped to 1.77 US dollars per kg in 2017. This trend continued in 2018 and 2019, with the price dropping to 1.00 US dollars per kg. In 2020 and 2021, the price of Linseed Oil dropped to 0.00 US dollars per kg. Based on this trend, it is predicted that the price of Linseed Oil in Ghana will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Ghana linseed oil
The total values in export for linseed oil in Ghana were US$ 45, US$ 39, US$ 1 and US$ 1 in US dollar thousand for the years 2014, 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 linseed oil in other countries across Africa: Algeria linseed oil, Angola linseed oil, Botswana linseed oil, Burundi linseed oil, Cameroon linseed oil, Cape Verde linseed oil, Central African Republic linseed oil, Comoros linseed oil, DRC Congo linseed oil & Benin linseed oil.
Ghana linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana exported 1 tonnes of linseed oil. For the year 2019 alone, the interest in Ghana linseed oil (processed category) has been relatively stable, flactuating by 0 per cent compared to the year 2018. Between 2017 and 2019, linseed oil's exports decreased by -95.45% bringing Ghana US$0.00m for the year 2019. Ghana's linseed oil exports are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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Ghana linseed oil export values
In 2019, Ghana supplied linseed oil valued at 0.00m USD, a decrease of -100.00% from 2018's total linseed oil export of 0.001m USD. The yearly reduction in value of Ghana linseed oil between 2017 to 2018 was -97.436 pc.
The per year variation in the volume of Ghana's linseed oil exports between 2017 and 2019 was -95.45 pc when compared to a variation of 0% in the growth rate between 2018 and 2019.
Ghana's share of the world's total linseed oil's exports in 2019 was less than 1%. The country is ranked position 62 in world exports of linseed oil.
Export markets for Ghana linseed oil ( in '000$ )
Ghana's best performing export markets for linseed oil are Niger, the Netherlands, US, Saudi Arabia and Vietnam.
Ghana procured 124 tonnes of linseed oil in 2019.