What is the price of chocolate per kilogram/pound in Zambia today?
The retail price range for Zambia chocolate is between US$ 4.82 and US$ 10.01 per kilogram or between US$ 2.19 and US$ 4.54 per pound(lb). Click here to see today's exact prices of chocolate in Zambia
The retail price range in Zambian Kwacha for chocolate is between ZMW 90.83 and ZMW 188.60 per kilogram or between ZMW 41.19 and ZMW 85.53 per pound(lb) in Lusaka and Kitwe.
Wholesale prices
In 2024, the approximate wholesale price range for Zambia chocolate is between US$ 3.37 and US$ 7.00 per kilogram or between US$ 1.53 and US$ 3.18 per pound(lb).
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Zambia Chocolate Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chocolate from Zambia over the last five years has seen a steady decline. In 2017, the price was 1.77 US dollars per kg, which dropped to 1.39 US dollars per kg in 2016. In 2015, the price was 2.19 US dollars per kg, and in 2014, it was 3.86 US dollars per kg. The lowest price was recorded in 2021, at 0.75 US dollars per kg. The price has since recovered to 1.83 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Chocolate from Zambia in 2023 will be around 1.60 US dollars per kg, and in 2024, it will be around 1.70 US dollars per kg.The exports of chocolate from Zambia are categorised as:
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
Zambia Chocolate Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chocolate into Zambia over the last five years has seen a steady decline. In 2017, the price was $1.77, followed by $2.03 in 2018, $1.68 in 2019, $1.66 in 2020 and $0.75 in 2021. This indicates a downward trend in the price of Chocolate imports into Zambia. Looking ahead, it is likely that the price of Chocolate imports into Zambia will remain relatively low in the next two years. We predict that the price of Chocolate imports into Zambia in 2023 will be around $1.50 and in 2024 will be around $1.30.Export values for Zambia chocolate
The total values in export for chocolate in Zambia were US$ 1,403, US$ 1,025, US$ 1,781 and US$ 2,185 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Zambia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of chocolate in other countries across Africa: Algeria chocolate, Angola chocolate, Botswana chocolate, Burundi chocolate, Cameroon chocolate, Cape Verde chocolate, Central African Republic chocolate, Comoros chocolate, DRC Congo chocolate & Benin chocolate.
Zambia chocolate - Production, Exports, Imports, Seasons and HS Codes
In 2019 Zambia shipped 1,299 tonnes of chocolate. Across 2019 alone, the interest in Zambia chocolate (processed category) has gone up, with a change of 47.95 percent compared to the year 2018. Between 2017 and 2019, chocolate's exports increased by 124.74 percent earning the exporter US$2.18m for the year 2019. Zambia's chocolate exports are categorised as:
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
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Zambia chocolate export values
In 2019, Zambia sold chocolate with a value of 2.18m USD, an improvement of 22.40% from 2018's total chocolate export of 1.781m USD. The yearly change in value of Zambia chocolate between 2017 to 2018 was 73.756 pc.
The yearly variation in the volume of Zambia's chocolate exports between 2017 and 2019 was 124.74% compared to a variation of 47.95% in the period between 2018 and 2019.
Export markets for Zambia chocolate ( in '000$ )
Zambia's best performing destinations for chocolate are Tanzania, Mozambique, South Africa, United Arab Emirates (UAE) and Angola.
Zambia procured 1,230 tonnes of chocolate in 2019.