What is the price of soya beans per kilogram/pound in Togo today?
The retail price range for Togo soya beans is between US$ 0.85 and US$ 1.06 per kilogram or between US$ 0.38 and US$ 0.48 per pound(lb). Click here to see today's exact prices of soya beans in Togo
The retail price range in CFA Franc BCEAO for soya beans is between XOF 515.32 and XOF 647.14 per kilogram or between XOF 233.70 and XOF 293.49 per pound(lb) in Lomé and Sokodé.
Wholesale prices
In 2024, the approximate wholesale price range for Togo soya beans is between US$ 0.59 and US$ 0.74 per kilogram or between US$ 0.27 and US$ 0.34 per pound(lb).
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Togo Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from Togo over the last five years has seen a steady decline. In 2012, the price was 0.92 US dollars per kg, dropping to 0.41 US dollars per kg in 2013. This trend continued, with the price reaching a low of 0.07 US dollars per kg in 2015. Since then, the price has seen a slight increase, reaching 0.29 US dollars per kg in 2019. The most recent data shows the price at 0.27 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from Togo will be 0.25 US dollars per kg in 2023 and 0.22 US dollars per kg in 2024.The Togo soya beans exports are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
Togo Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into Togo has seen a steady decline over the last five years. In 2016, the price was 0.09 US$ per kg, and in 2021, it had dropped to 0.27 US$ per kg. This represents a decrease of 70% in the import price over the five-year period. The lowest price was recorded in 2015, when the import price was 0.07 US$ per kg. The highest price was recorded in 2019, when the import price was 0.29 US$ per kg. Based on the current trend, it is likely that the import price of Soya Beans into Togo will continue to decrease in the coming years. We can predict that the import price in 2023 will be around 0.20 US$ per kg, and in 2024 it will be around 0.17 US$ per kg.Export values for Togo soya beans
The total values in export for soya beans in Togo were US$ 1,424, US$ 3,328, US$ 6,667 and US$ 15,266 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Togo: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Africa: Algeria soya beans, Angola soya beans, Botswana soya beans, Burundi soya beans, Cameroon soya beans, Cape Verde soya beans, Central African Republic soya beans, Comoros soya beans, DRC Congo soya beans & Benin soya beans.
Togo soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Togo shipped 52,602 tonnes of soya beans. For the year 2019 alone, the demand for Togo soya beans (cereals/grains category) has escalated, recording a change of 86.817 pc compared to the year 2018. Between 2017 and 2019, soya beans' exports increased by 149.7 pc netting the nation US$15.27m for the year 2019. Togo's soya beans exports are categorised as:
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Togo soya beans export values
In 2019, Togo sold soya beans valued at 15.27m USD, an increase of 129.04% from 2018's total soya beans export of 6.667m USD. The annual growth in value of Togo soya beans between 2017 to 2018 was 100.331 percent.
The yearly variation in the amount of Togo's soya beans exports between 2017 and 2019 was 149.7% compared to a variation of 86.817% in the period between 2018 and 2019.
Export markets for Togo soya beans ( in '000$ )
Togo's top export markets for soya beans are India, Turkey, Italy, the Netherlands and Belgium.
Togo bought 169 tonnes of soya beans in 2019.
Production
The production of soya beans in Togo was 7,386 tonnes in 2019 and is estimated to change by an average of 6.67%. The country had an estimated 16,515.00 hectares under soya beans cultivation.