What is the price of cocoa butter per kilogram/pound in South Africa today?
The retail price range for South Africa cocoa butter is between US$ 4.85 and US$ 4.85 per kilogram or between US$ 2.20 and US$ 2.20 per pound(lb). Click here to see today's exact prices of cocoa butter in South Africa
The retail price range in Rand for cocoa butter is between ZAR 94.30 and ZAR 94.30 per kilogram or between ZAR 42.77 and ZAR 42.77 per pound(lb) in Johannesburg and Cape Town.
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In 2024, the approximate wholesale price range for South Africa cocoa butter is between US$ 3.40 and US$ 3.40 per kilogram or between US$ 1.54 and US$ 1.54 per pound(lb).
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South Africa Cocoa Butter Export Prices - Historical, Trends and Prediction
In 2016, the export price of Cocoa Butter from South Africa was US$ 1.73 per Kg. In 2017, the export price was US$ 2.46 per Kg. In 2018, the export price was US$ 1.35 per Kg. In 2019, the export price was US$ 2.93 per Kg. In 2020, the export price was US$ 3.10 per Kg. For 2021, the export price is estimated to be US$ 3.22 per Kg. For 2023, the export price is predicted to be US$ 3.50 per Kg.
The cocoa butter exports from South Africa are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
South Africa Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into South Africa over the last five years has been quite volatile. In 2011, the price was 3.25 US dollars per kg. This increased to 7.35 US dollars per kg in 2012, before dropping to 6.73 US dollars per kg in 2013. In 2014, the price dropped further to 3.76 US dollars per kg, before increasing to 5.26 US dollars per kg in 2015. However, in 2016, the price skyrocketed to 37.64 US dollars per kg, before dropping back to 6.73 US dollars per kg in 2017. The price then dropped to 4.46 US dollars per kg in 2018, before increasing to 7.35 US dollars per kg in 2019. In 2020, the price increased again to 8.93 US dollars per kg, before dropping to 3.50 US dollars per kg in 2021. The most recent data shows that the price has increased to 5.82 US dollars per kg in 2022. Based on this data, it is predicted that the import price per kilogram of Cocoa Butter into South Africa will be 6.45 US dollars per kg in 2023 and 6.90 US dollars per kg in 2024.Export values for South Africa cocoa butter
The total values in export for cocoa butter in South Africa were US$ 1,355, US$ 101, US$ 125 and US$ 147 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Africa: Algeria cocoa butter, Angola cocoa butter, Botswana cocoa butter, Burundi cocoa butter, Cameroon cocoa butter, Cape Verde cocoa butter, Central African Republic cocoa butter, Comoros cocoa butter, DRC Congo cocoa butter & Benin cocoa butter.
South Africa cocoa butter - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 1,062,905 tonnes of cocoa butter. Through 2019 alone, the interest in South Africa cocoa butter (processed category) has climbed, with a change of 3.674 pc compared to the year 2018. Between 2017 and 2019, cocoa butter's exports went up by 11.01% netting the country US$0.15m for the year 2019. South Africa's cocoa butter exports are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
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South Africa cocoa butter export values
In 2019, South Africa exported cocoa butter worth 0.15m USD, an improvement of 20.00% from 2018's total cocoa butter export of 0.125m USD. The yearly change in value of South Africa cocoa butter between 2017 to 2018 was 23.762%.
The yearly change in the quantity of South Africa's cocoa butter exports between 2017 and 2019 was 11.01 pc compared to a variation of 3.674% in the period between 2018 and 2019.
Export markets for South Africa cocoa butter ( in '000$ )
South Africa's top export markets for cocoa butter are Kenya, Botswana, Zambia, Namibia and Mozambique.
South Africa bought 3,447 tonnes of cocoa butter in 2019.