What is the price of margarine per kilogram/pound in Togo today?
The retail price range for Togo margarine is between US$ 5.71 and US$ 8.09 per kilogram or between US$ 2.59 and US$ 3.67 per pound(lb). Click here to see today's exact prices of margarine in Togo
The retail price range in CFA Franc BCEAO for margarine is between XOF 3,481.10 and XOF 4,931.55 per kilogram or between XOF 1,578.73 and XOF 2,236.53 per pound(lb) in Lomé and Sokodé.
Wholesale prices
In 2024, the approximate wholesale price range for Togo margarine is between US$ 4.00 and US$ 5.66 per kilogram or between US$ 1.81 and US$ 2.57 per pound(lb).
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Togo Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Togo over the last five years has seen a steady decline. In 2020, the price was 0.62 US $ per kg, down from 0.98 US $ per kg in 2012. The lowest price was recorded in 2015, when it was 0.33 US $ per kg. Prices then rose to 0.65 US $ per kg in 2017, before dropping again to 0.48 US $ per kg in 2018. Prices then rose again to 0.9 US $ per kg in 2019, before dropping to 0.62 US $ per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Margarine from Togo in 2023 will be 0.45 US $ per kg and in 2024 will be 0.58 US $ per kg.The exports of margarine from Togo are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Togo Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Togo over the last five years has been relatively stable. In 2015 and 2016, the price was 0.33 US$ per kg, before increasing to 0.65 US$ per kg in 2017. This was followed by a decrease to 0.48 US$ per kg in 2018, before rising again to 0.90 US$ per kg in 2019. The most recent data shows that the price has dropped to 0.62 US$ per kg in 2020. Based on this trend, it is predicted that the import price per kilogram of Margarine into Togo will be 0.56 US$ per kg in 2023 and 0.50 US$ per kg in 2024.Export values for Togo margarine
The total values in export for margarine in Togo were US$ 20, US$ 39, US$ 42 and US$ 97 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Togo: 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.
Togo margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Togo exported 108 tonnes of margarine. In 2019 alone, the demand for Togo margarine (processed category) has improved, recording a change of 24.138 pc compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 80 pc bringing the nation US$0.10m for the year 2019. Togo's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Togo margarine export values
In 2019, Togo shipped margarine costing 0.10m USD, a surge of 138.10% from 2018's total margarine export of 0.042m USD. The yearly change in value of Togo margarine between 2017 to 2018 was 7.692 percent.
The annual/yearly change in the quantity of Togo's margarine exports between 2017 and 2019 was 80 percent in comparison to a variation of 24.138% in the period between 2018 and 2019.
Togo's portion of the world's total margarine's exports in 2019 was less than 1%. Togo holds position 66 in world exports of margarine.
Export markets for Togo margarine ( in '000$ )
Togo's leading export markets for margarine are Ghana, US, Gabon, Equatorial Guinea and Nigeria.
Import/Export Trends
Togo is a net importer of margarine. The annual growth of Togo margarine in value between 2015 to 2019 was -17%, per year, while annual growth in quantity for the same period was -13%, per annum.
Togo purchased 704 tonnes of margarine in 2019.