What is the price of cocoa butter per kilogram/pound in Lebanon today?
The retail price range for Lebanon cocoa butter is between US$ 9.51 and US$ 14.26 per kilogram or between US$ 4.31 and US$ 6.47 per pound(lb). Click here to see today's exact prices of cocoa butter in Lebanon
The retail price range in Lebanese Pound for cocoa butter is between LBP 144,075.76 and LBP 216,113.64 per kilogram or between LBP 65,340.48 and LBP 98,010.72 per pound(lb) in Beirut and Sidon.
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In 2024, the approximate wholesale price range for Lebanon cocoa butter is between US$ 6.66 and US$ 9.98 per kilogram or between US$ 3.02 and US$ 4.53 per pound(lb).
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Lebanon Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price of Cocoa Butter from Lebanon over the last five years has been quite volatile. In 2012, the price was 4.00 US$ per kg, which increased to 5.81 US$ per kg in 2013. This was followed by a sharp rise to 8.25 US$ per kg in 2014. The price then remained relatively stable at 8.32 US$ per kg in 2015 and 5.37 US$ per kg in 2016. In 2017, the price rose to 7.32 US$ per kg and then increased further to 7.55 US$ per kg in 2018. The price then dropped to 7.25 US$ per kg in 2019 and 6.20 US$ per kg in 2020 and 2021. Based on this trend, it is likely that the export price of Cocoa Butter from Lebanon will be around 6.20 US$ per kg in 2023 and 2024.The exports of cocoa butter from Lebanon are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
Lebanon Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into Lebanon over the last five years has been quite volatile. In 2012, the price was 4.00 US dollars per kg. This increased to 5.81 US dollars per kg in 2013, before rising to 8.25 US dollars per kg in 2014. The price then remained relatively stable at 8.32 US dollars per kg in 2015 and 5.37 US dollars per kg in 2016. In 2017, the price rose to 7.32 US dollars per kg, before increasing further to 7.55 US dollars per kg in 2018. The price then decreased to 7.25 US dollars per kg in 2019 and 6.20 US dollars per kg in 2020 and 2021. Based on the data, it is predicted that the import price per kilogram of Cocoa Butter into Lebanon in 2023 will be 6.20 US dollars per kg and in 2024 will be 6.20 US dollars per kg.Export values for Lebanon cocoa butter
The total values in export for cocoa butter in Lebanon were US$ 161, US$ 161, US$ 151 and US$ 174 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lebanon: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Middle East: Bahrain cocoa butter, Cyprus cocoa butter, Iraq cocoa butter, Israel cocoa butter, Jordan cocoa butter, Kuwait cocoa butter, Lebanon cocoa butter, Palestine cocoa butter, Oman cocoa butter & Qatar cocoa butter.
Lebanon cocoa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon exported 24 tonnes of cocoa butter. For the year 2019 alone, the interest in Lebanon cocoa butter (processed category) has gone up, flactuating by 20 % compared to the year 2018. Between 2017 and 2019, cocoa butter's exports grew by 9.09% bringing the exporter US$0.17m for the year 2019. Lebanon's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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Lebanon cocoa butter export values
In 2019, Lebanon supplied cocoa butter with a value of 0.17m USD, a growth of 12.58% from 2018's total cocoa butter export of 0.151m USD. The annual change in value of Lebanon cocoa butter between 2017 to 2018 was -6.211 percent.
The annual change in the quantity of Lebanon's cocoa butter exports between 2017 and 2019 was 9.09 per cent when compared to a variation of 20% in the growth rate between 2018 and 2019.
Export markets for Lebanon cocoa butter ( in '000$ )
Lebanon's best performing destinations for cocoa butter are Qatar, Kuwait, Jordan, Iraq and Bahrain.
Lebanon procured 550 tonnes of cocoa butter in 2019.