What is the price of margarine per kilogram/pound in Zambia today?
The retail price range for Zambia margarine is between US$ 0.94 and US$ 4.74 per kilogram or between US$ 0.43 and US$ 2.15 per pound(lb). Click here to see today's exact prices of margarine in Zambia
The retail price range in Zambian Kwacha for margarine is between ZMW 17.74 and ZMW 89.43 per kilogram or between ZMW 8.05 and ZMW 40.56 per pound(lb) in Lusaka and Kitwe.
Wholesale prices
In 2024, the approximate wholesale price range for Zambia margarine is between US$ 0.66 and US$ 3.32 per kilogram or between US$ 0.30 and US$ 1.51 per pound(lb).
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Zambia Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Zambia over the last five years has seen a steady decline. In 2012, the price was 1.67 US dollars per kg, and by 2018, it had dropped to 1.78 US dollars per kg. In 2019, the price rose slightly to 1.83 US dollars per kg, before dropping again to 1.70 US dollars per kg in 2020. The price then increased to 1.85 US dollars per kg in 2021, and is currently at 1.99 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Margarine from Zambia will be 2.13 US dollars per kg in 2023 and 2.27 US dollars per kg in 2024.The margarine exports from Zambia are categorised as:
- Margarine (excluding liquid) (HS code 151710)
Zambia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Zambia has seen a steady decline over the last five years. In 2012, the price was $1.67, and this dropped to $6.00 in 2013. In 2014, the price decreased further to $4.21. In 2017, the price dropped to $2.24, and then to $1.78 in 2018. The price then increased slightly to $1.83 in 2019, before dropping to $1.70 in 2020. The price then increased to $1.85 in 2021, and then to $1.99 in 2022. Looking ahead, we can predict that the import price per kilogram of Margarine into Zambia will remain relatively stable over the next two years. We predict that the price will be $2.03 in 2023, and $2.17 in 2024.Export values for Zambia margarine
The total values in export for margarine in Zambia were US$ 80, US$ 253, US$ 412 and US$ 310 in US dollar thousand for the years 2014, 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 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.
Zambia margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Zambia shipped 169 tonnes of margarine. Across 2019 alone, the demand for Zambia margarine (processed category) has reduced, with a change of -27.155 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports increased by 49.56% earning Zambia US$0.31m for the year 2019. Zambia's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Zambia margarine export values
In 2019, Zambia exported margarine worth 0.31m USD, a reduction of -24.76% from 2018's total margarine export of 0.412m USD. The yearly change in value of Zambia margarine between 2017 to 2018 was 62.846 percent.
The per year variation in the quantity of Zambia's margarine exports between 2017 and 2019 was 49.56% when compared to a variation of -27.155% in the growth rate between 2018 and 2019.
Zambia's stake of the world's total margarine's exports in 2019 was less than 1%. The country holds number 43 in world exports of margarine.
Export markets for Zambia margarine ( in '000$ )
Zambia's top destinations for margarine are Malawi, Angola, Zimbabwe and DRC Congo.
Import/Export Trends
Zambia is a net exporter of margarine. The annual growth of Zambia margarine in value between 2015 to 2019 was 393%, per year, while annual growth in quantity for the same period was 430%, per annum.
Zambia purchased 3,774 tonnes of margarine in 2019.