What is the price of natural gum arabic per kilogram/pound in Benin today?
The retail price range for Benin natural gum arabic is between US$ 3.83 and US$ 7.65 per kilogram or between US$ 1.73 and US$ 3.47 per pound(lb). Click here to see today's exact prices of natural gum arabic in Benin
The retail price range in CFA Franc BCEAO for natural gum arabic is between XOF 2,332.68 and XOF 4,665.37 per kilogram or between XOF 1,057.91 and XOF 2,115.81 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin natural gum arabic is between US$ 2.68 and US$ 5.36 per kilogram or between US$ 1.21 and US$ 2.43 per pound(lb).
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Benin Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from Benin has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Natural Gum Arabic from Benin was $3.05 in 2022. Based on this trend, it is likely that the export price per kilogram of Natural Gum Arabic from Benin will be around $3.20 in 2023 and $3.35 in 2024.Benin Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Benin has seen a steady increase over the past five years. In 2018, the price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.00. The most recent data shows that the import price per kilogram of Natural Gum Arabic into Benin was $2.20 in 2022. Overall, the import price of Natural Gum Arabic into Benin has increased by 51.7% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Natural Gum Arabic into Benin will reach $2.45 in 2023 and $2.70 in 2024.Export values for Benin natural gum arabic
The total values in export for natural gum arabic in Benin were US$ 212, US$ 23, US$ 15 and US$ 9 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Benin: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Africa: Algeria natural gum arabic, Angola natural gum arabic, Botswana natural gum arabic, Burundi natural gum arabic, Cameroon natural gum arabic, Cape Verde natural gum arabic, Central African Republic natural gum arabic, Comoros natural gum arabic, DRC Congo natural gum arabic & Benin natural gum arabic.
Benin natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin shipped 8 tonnes of natural gum arabic. Across 2019 alone, the demand for Benin natural gum arabic (agro commodities category) has decreased, flactuating by -78.947 per cent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports decreased by -89.87 percent netting the exporter US$0.01m for the year 2019. Benin's natural gum arabic exports are categorised as:
- Natural gum Arabic (HS code 130120)
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Benin natural gum arabic export values
In 2019, Benin shipped natural gum arabic worth 0.01m USD, a drop of -33.33% from 2018's total natural gum arabic export of 0.015m USD. The annual change in value of Benin natural gum arabic between 2017 to 2018 was -34.783 pc.
The yearly change in the quantity of Benin's natural gum arabic exports between 2017 and 2019 was -89.87 percent when compared to a variation of -78.947% in the growth rate between 2018 and 2019.
Export markets for Benin natural gum arabic ( in '000$ )
Benin procured 0 tonnes of natural gum arabic in 2019.