Togo Margarine Market Insights
Togo margarine export quantities
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.