What is the price of margarine per kilogram/pound in South Africa today?
The retail price range for South Africa margarine is between US$ 2.86 and US$ 2.86 per kilogram or between US$ 1.30 and US$ 1.30 per pound(lb). Click here to see today's exact prices of margarine in South Africa
The retail price range in Rand for margarine is between ZAR 55.62 and ZAR 55.62 per kilogram or between ZAR 25.22 and ZAR 25.22 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa margarine is between US$ 2.00 and US$ 2.00 per kilogram or between US$ 0.91 and US$ 0.91 per pound(lb).
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South Africa Margarine Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export price of Margarine from South Africa was US$ 1.49, US$ 1.56, US$ 1.53, US$ 1.42 and US$ 1.65 per Kg respectively. For 2021, the export price was US$ 1.90per Kg. For 2023, the predicted export price of Margarine from South Africa is US$ 1.98 per Kg.
The South Africa margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
South Africa Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into South Africa over the last five years has been relatively stable. In 2017, the price was $1.49, followed by $1.56 in 2018, $1.53 in 2019, $1.42 in 2020 and $1.65 in 2021. This indicates a slight increase in the price of Margarine over the last five years. Based on this trend, it is predicted that the import price per kilogram of Margarine into South Africa in 2023 will be $1.93 and in 2024 will be $2.20.Export values for South Africa margarine
The total values in export for margarine in South Africa were US$ 35,082, US$ 36,386, US$ 33,549 and US$ 29,746 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 margarine in other countries across Africa: Algeria margarine, Angola margarine, Botswana margarine, Burundi margarine, Cameroon margarine, Cape Verde margarine, Central African Republic margarine, Comoros margarine, DRC Congo margarine & Benin margarine.
South Africa margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 1,229,330 tonnes of margarine. For the year 2019 alone, the demand for South Africa margarine (processed category) has gone up, recording a change of 3.644 percent compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 7.82 pc earning the exporter US$29.75m for the year 2019. South Africa's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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South Africa margarine export values
In 2019, South Africa supplied margarine costing 29.75m USD, a reduction of -11.32% from 2018's total margarine export of 33.549m USD. The annual change in value of South Africa margarine between 2017 to 2018 was -7.797 percent.
The yearly change in the amount of South Africa's margarine exports between 2017 and 2019 was 7.82 percent when compared to a variation of 3.644% in the growth rate between 2018 and 2019.
South Africa's portion of the world's total margarine's exports in 2019 was 1.4%. South Africa is ranked position 16 in world exports of margarine.
Export markets for South Africa margarine ( in '000$ )
South Africa's best performing export markets for margarine are Swaziland (Eswatini), Botswana, Zambia, Malawi and Zimbabwe.
Import/Export Trends
South Africa is a net exporter of margarine. The annual growth of South Africa margarine in value between 2015 to 2019 was -1%, per year, while annual growth in quantity for the same period was 1%, per annum.
South Africa imported 51 tonnes of margarine in 2019.