What is the price of fonio per kilogram/pound in Burkina Faso today?
The retail price range for Burkina Faso fonio is between US$ 0.53 and US$ 0.73 per kilogram or between US$ 0.24 and US$ 0.33 per pound(lb). Click here to see today's exact prices of fonio in Burkina Faso
The retail price range in CFA Franc BCEAO for fonio is between XOF 324.43 and XOF 442.41 per kilogram or between XOF 147.14 and XOF 200.64 per pound(lb) in Ouagadougou and Bobo Dioulasso.
Wholesale prices
In 2026, the approximate wholesale price range for Burkina Faso fonio is between US$ 0.37 and US$ 0.51 per kilogram or between US$ 0.17 and US$ 0.23 per pound(lb).
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Burkina Faso Fonio Export Prices - Historical, Trends and Prediction
The export price of Fonio from Burkina Faso over the last five years has seen a steady increase. In 2015, the price per kilogram was $1.01, and in 2016 it rose to $1.25. In 2017, the price dropped slightly to $1.10, before dropping again in 2018 to $0.88. However, in 2019 the price rose again to $1.50, and in 2020 it increased further to $1.91. The most recent year, 2021, saw a decrease to $1.21. Based on this data, it is predicted that the export price of Fonio from Burkina Faso in 2023 will be $1.45 and in 2024 will be $1.76.The fonio exports from Burkina Faso are categorised as:
- Fonio "Digitaria spp." (HS code 100840)
Burkina Faso Fonio Import Prices - Historical, Trends and Prediction
The import price of Fonio into Burkina Faso over the last five years has been quite varied. In 2015, the price per kilogram was $1.01, increasing to $1.25 in 2016. 2017 saw a slight decrease to $1.10, followed by a further decrease to $0.88 in 2018. 2019 saw a significant increase to $1.50, and this was followed by an even greater increase to $1.91 in 2020. 2021 saw a decrease to $1.21. Based on this data, it is predicted that the import price of Fonio into Burkina Faso in 2023 will be $1.45, and in 2024 will be $1.76.Export values for Burkina Faso fonio
The total values in export for fonio in Burkina Faso were US$ 45, US$ 76, US$ 22 and US$ 60 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Burkina Faso: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of fonio in other countries across Africa: Algeria fonio, Angola fonio, Botswana fonio, Burundi fonio, Cameroon fonio, Cape Verde fonio, Central African Republic fonio, Comoros fonio, DRC Congo fonio & Benin fonio.
Burkina Faso fonio - Production, Exports, Imports, Seasons and HS Codes
In 2018 Burkina Faso shipped 25 tonnes of fonio. Through 2018 alone, the market for Burkina Faso fonio (cereals/grains category) has reduced, changing by -63.768 % compared to the year 2017. Between 2016 and 2018, fonio's exports reduced by -30.56 pc bringing the nation US$0.02m for the year 2018. Burkina Faso's fonio exports are classified as:
- Fonio "Digitaria spp." (HS code 100840)
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Burkina Faso fonio export values
In 2018, Burkina Faso exported fonio worth 0.02m USD, a contraction of -73.68% from 2017's total fonio export of 0.076m USD. The annual reduction in value of Burkina Faso fonio between 2016 to 2017 was 68.889 percent.
The annual/yearly variation in the quantity of Burkina Faso's fonio exports between 2016 and 2018 was -30.56 pc when compared to a variation of -63.768% in the growth rate between 2017 and 2018.
Export markets for Burkina Faso fonio ( in '000$ )
Burkina Faso's top export markets for fonio are France, the Netherlands and Italy.
Burkina Faso procured 0 tonnes of fonio in 2018.
Production
The production of fonio in Burkina Faso was 11,270 tonnes in 2018 and is estimated to change by an average of 11.94%. The country had approximately 14,133.00 hectares under fonio cultivation.