What is the price of malt extract per kilogram/pound in Ghana today?
The retail price range for Ghana malt extract is between US$ 17.40 and US$ 28.03 per kilogram or between US$ 7.89 and US$ 12.71 per pound(lb). Click here to see today's exact prices of malt extract in Ghana
The retail price range in Ghana Cedi for malt extract is between GHS 187.08 and GHS 301.41 per kilogram or between GHS 84.85 and GHS 136.70 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana malt extract is between US$ 12.18 and US$ 19.62 per kilogram or between US$ 5.52 and US$ 8.90 per pound(lb).
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Ghana Malt Extract Export Prices - Historical, Trends and Prediction
The export price of Malt Extract from Ghana over the last five years has been quite volatile. In 2012, the price was 1.50 US$ per kg, which dropped to 0.59 US$ per kg in 2013. The price then increased to 0.66 US$ per kg in 2014 and 1.19 US$ per kg in 2015. In 2016, the price rose to 1.48 US$ per kg and then to 1.65 US$ per kg in 2017 and 2018. The price then dropped to 1.64 US$ per kg in 2019 and 0.00 US$ per kg in 2020 and 2021. Based on this data, it is likely that the export price of Malt Extract from Ghana will remain around 1.64 US$ per kg in 2023 and 2024.The exports of malt extract from Ghana are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Ghana Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Ghana over the last five years has been relatively stable. In 2016, the price was $1.48, followed by $1.65 in 2017 and 2018. In 2019, the price dropped slightly to $1.64, before dropping to $0.00 in 2020 and 2021. Based on this trend, it is likely that the price of Malt Extract in Ghana will remain at $0.00 in 2023 and 2024.Export values for Ghana malt extract
The total values in export for malt extract in Ghana were US$ 4,570, US$ 5,684, US$ 5,793 and US$ 7,165 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 malt extract in other countries across Africa: Algeria malt extract, Angola malt extract, Botswana malt extract, Burundi malt extract, Cameroon malt extract, Cape Verde malt extract, Central African Republic malt extract, Comoros malt extract, DRC Congo malt extract & Benin malt extract.
Ghana malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 4,379 tonnes of malt extract. In 2019 alone, the demand for Ghana malt extract (processed category) has gone up, changing by 24.9 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports grew by 27.26 percent bringing the nation US$7.16m for the year 2019. Ghana's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Ghana malt extract export values
In 2019, Ghana supplied malt extract costing 7.16m USD, an increase of 23.60% from 2018's total malt extract export of 5.793m USD. The yearly change in value of Ghana malt extract between 2017 to 2018 was 1.918%.
The annual/yearly change in the quantity of Ghana's malt extract exports between 2017 and 2019 was 27.26% in comparison to a variation of 24.9% in the period between 2018 and 2019.
Ghana's portion of the world's total malt extract's exports in 2019 was less than 1%. The country holds number 68 in world exports of malt extract.
Export markets for Ghana malt extract ( in '000$ )
Ghana's best performing export markets for malt extract are US, United Kingdom (UK), Ivory Coast (Côte d'Ivoire
), Togo and the Netherlands.
Import/Export Trends
Ghana is a net importer of malt extract. The annual growth of Ghana malt extract in value between 2015 to 2019 was -42%, per year, while annual growth in quantity for the same period was -33%, per annum.
Ghana brought in 20,173 tonnes of malt extract in 2019.