What is the price of margarine per kilogram/pound in Zimbabwe today?
The retail price range for Zimbabwe margarine is between US$ 1.51 and US$ 2.87 per kilogram or between US$ 0.69 and US$ 1.30 per pound(lb). Click here to see today's exact prices of margarine in Zimbabwe
The retail price range in Euro for margarine is between EUR 1.24 and EUR 2.35 per kilogram or between EUR 0.56 and EUR 1.07 per pound(lb) in Harare and Bulawayo.
Wholesale prices
In 2024, the approximate wholesale price range for Zimbabwe margarine is between US$ 1.06 and US$ 2.01 per kilogram or between US$ 0.48 and US$ 0.91 per pound(lb).
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Zimbabwe Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Zimbabwe over the last five years has seen a steady decline. In 2016, the export price was 3.27 US $ per kg, and in 2021 it was 2.45 US $ per kg. This represents a decrease of 0.82 US $ per kg over the five year period. The lowest price was seen in 2020, when the export price was 2.41 US $ per kg. If the trend continues, we can expect the export price of Margarine from Zimbabwe to be around 2.35 US $ per kg in 2023 and 2.30 US $ per kg in 2024.The margarine exports from Zimbabwe are classified as:
- Margarine (excluding liquid) (HS code 151710)
Zimbabwe Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Zimbabwe has seen a steady decline over the past five years. In 2016, the price was 3.27 US dollars per kg, and by 2021, it had dropped to 2.45 US dollars per kg. This represents a decrease of 24.5% over the five-year period. The lowest price was recorded in 2020, when the price was 2.41 US dollars per kg. This was followed by a slight increase in 2021, when the price rose to 2.45 US dollars per kg. Based on this trend, it is likely that the price of Margarine in Zimbabwe will continue to decrease in the coming years. We can predict that the price in 2023 will be around 2.30 US dollars per kg, and in 2024, it will be around 2.15 US dollars per kg.Export values for Zimbabwe margarine
The total values in export for margarine in Zimbabwe were US$ 454, US$ 961, US$ 730 and US$ 194 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Zimbabwe: 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.
Zimbabwe margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Zimbabwe shipped 75 tonnes of margarine. For 2019 alone, the interest in Zimbabwe margarine (processed category) has shrunk, flactuating by -69.636 % compared to the year 2018. Between 2017 and 2019, margarine's exports decreased by -71.91 percent bringing the country US$0.19m for the year 2019. Zimbabwe's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Zimbabwe margarine export values
In 2019, Zimbabwe exported margarine with a value of 0.19m USD, a decrease of -73.97% from 2018's total margarine export of 0.73m USD. The annual change in value of Zimbabwe margarine between 2017 to 2018 was -24.037 percent.
The yearly change in the volume of Zimbabwe's margarine exports between 2017 and 2019 was -71.91 per cent compared to a variation of -69.636% in the period between 2018 and 2019.
Zimbabwe's portion of the world's total margarine's exports in 2019 was less than 1%. Zimbabwe holds position 88 in world exports of margarine.
Export markets for Zimbabwe margarine ( in '000$ )
Zimbabwe's best performing export markets for margarine are Zambia, Malawi, Mozambique, Botswana and Tanzania.
Import/Export Trends
Zimbabwe is a net exporter of margarine. The annual growth of Zimbabwe margarine in value between 2015 to 2019 was 46%, per annum, while annual growth in quantity through the same period was 70%, per annum.
Zimbabwe imported 108 tonnes of margarine in 2019.