What is the price of soyabean oil per kilogram/pound in Algeria today?
The retail price range for Algeria soyabean oil is between US$ 0.98 and US$ 1.96 per kilogram or between US$ 0.44 and US$ 0.89 per pound(lb). Click here to see today's exact prices of soyabean oil in Algeria
The retail price range in Algerian Dinar for soyabean oil is between DZD 0.01 and DZD 0.03 per kilogram or between DZD 0.01 and DZD 0.01 per pound(lb) in Algiers and Oran.
Wholesale prices
In 2024, the approximate wholesale price range for Algeria soyabean oil is between US$ 0.69 and US$ 1.37 per kilogram or between US$ 0.31 and US$ 0.62 per pound(lb).
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Algeria Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Algeria over the last five years has seen a general downward trend. In 2010, the price was 1.42 US dollars per kg, dropping to 1.35 US dollars per kg in 2011. This trend continued in 2012, when the price fell to 1.18 US dollars per kg. In 2015, the price dropped to 1.11 US dollars per kg, and then to 0.93 US dollars per kg in 2016. In 2017, the price rose slightly to 1.1 US dollars per kg, before dropping again to 1.07 US dollars per kg in 2018 and 2019. The most recent year, 2020, saw the price fall to 0.91 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Soyabean oil from Algeria in 2023 will be around 0.85 US dollars per kg, and in 2024 will be around 0.79 US dollars per kg.The soyabean oil exports from Algeria are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Algeria Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Algeria over the last five years has seen a steady decline. In 2010, the price was 1.42 US dollars per kg, which dropped to 1.35 US dollars per kg in 2011. This trend continued in 2012, when the price fell to 1.18 US dollars per kg. In 2015, the price dropped further to 1.11 US dollars per kg, and in 2016, it reached its lowest point of 0.93 US dollars per kg. In 2017, the price rose slightly to 1.1 US dollars per kg, before dropping to 0.00 US dollars per kg in 2018, 2019, 2020 and 2021. Based on this data, it is likely that the import price per kilogram of Soyabean oil into Algeria will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Algeria soyabean oil
The total values in export for soyabean oil in Algeria were US$ 8,323, US$ 8,336, US$ 9,308 and US$ 119 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Algeria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of soyabean oil in other countries across Africa: Algeria soyabean oil, Angola soyabean oil, Botswana soyabean oil, Burundi soyabean oil, Cameroon soyabean oil, Cape Verde soyabean oil, Central African Republic soyabean oil, Comoros soyabean oil, DRC Congo soyabean oil & Benin soyabean oil.
Algeria soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Algeria exported 155 tonnes of soyabean oil. Through 2019 alone, the interest in Algeria soyabean oil (processed category) has shrunk, flactuating by -98.218 % compared to the year 2018. Between 2017 and 2019, soyabean oil's exports reduced by -97.96 pc netting Algeria US$0.12m for the year 2019. Algeria's soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Algeria soyabean oil export values
In 2019, Algeria supplied soyabean oil worth 0.12m USD, a contraction of -98.71% from 2018's total soyabean oil export of 9.308m USD. The yearly reduction in value of Algeria soyabean oil between 2017 to 2018 was 11.66 percent.
The annual variation in the volume of Algeria's soyabean oil exports between 2017 and 2019 was -97.96 per cent in comparison to a variation of -98.218% in the period between 2018 and 2019.
Export markets for Algeria soyabean oil ( in '000$ )
Algeria's leading export markets for soyabean oil are Libya, Canada, United Arab Emirates (UAE), Tunisia and Niger.
Algeria brought in 900,031 tonnes of soyabean oil in 2019.