What is the price of milk & cream per kilogram/pound in Ghana today?
The retail price range for Ghana milk & cream is between US$ 0.95 and US$ 0.95 per kilogram or between US$ 0.43 and US$ 0.43 per pound(lb). Click here to see today's exact prices of milk & cream in Ghana
The retail price range in Ghana Cedi for milk & cream is between GHS 10.24 and GHS 10.24 per kilogram or between GHS 4.64 and GHS 4.64 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana milk & cream is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.30 and US$ 0.30 per pound(lb).
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Ghana Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Ghana over the last five years has seen a range of fluctuations. In 2016, the price was at its lowest at 1.60 US $ per kg, followed by a slight increase to 2.26 US $ per kg in 2015. In 2017, the price rose to 3.17 US $ per kg, before dropping to 2.57 US $ per kg in 2018. The price then rose again to 3.27 US $ per kg in 2019, before dropping to 0.00 US $ per kg in 2020 and 2021. Based on this data, it is predicted that the export price per kilogram of Milk & Cream from Ghana in 2023 will be 2.50 US $ per kg and in 2024 will be 2.75 US $ per kg.The Ghana milk & cream exports are classified as:
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
Ghana Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Ghana over the last five years has been quite volatile. In 2016, the price was at its lowest at $1.60, before rising to $2.89 in 2011. In 2013, the price dropped to $2.11, before rising again to $4.49 in 2014. The price then dropped to $2.26 in 2015 and $2.57 in 2018. The most recent year, 2019, saw the price rise to $3.27. Unfortunately, 2020 and 2021 have seen the price drop to $0.00. Looking ahead, it is difficult to predict the import price per kilogram of Milk & Cream into Ghana for 2023 and 2024. However, based on the data, it is likely that the price will remain volatile, with prices fluctuating between $2.00 and $4.00.Export values for Ghana milk & cream
The total values in export for milk & cream in Ghana were US$ 4,220, US$ 9,881, US$ 8,515 and US$ 10,380 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: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Africa: Algeria milk & cream, Angola milk & cream, Botswana milk & cream, Burundi milk & cream, Cameroon milk & cream, Cape Verde milk & cream, Central African Republic milk & cream, Comoros milk & cream, DRC Congo milk & cream & Benin milk & cream.
Ghana milk & cream - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana exported 3,171 tonnes of milk & cream. For the year 2019 alone, the demand for Ghana milk & cream (processed category) has gone down, recording a change of -4.257 percent compared to the year 2018. Between 2017 and 2019, milk & cream's exports grew by 1.63 percent netting the exporter US$10.38m for the year 2019. Ghana's milk & cream exports are categorised as:
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
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Ghana milk & cream export values
In 2019, Ghana supplied milk & cream valued at 10.38m USD, an increase of 21.90% from 2018's total milk & cream export of 8.515m USD. The yearly change in value of Ghana milk & cream between 2017 to 2018 was -13.825 percent.
The annual/yearly variation in the amount of Ghana's milk & cream exports between 2017 and 2019 was 1.63% compared to a variation of -4.257% in the period between 2018 and 2019.
Export markets for Ghana milk & cream ( in '000$ )
Ghana's best performing destinations for milk & cream are Germany, Japan, United Kingdom (UK), Togo and Italy.
Ghana procured 43,383 tonnes of milk & cream in 2019.