What is the price of palm oil per kilogram/pound in Aruba today?
The retail price range for Aruba palm oil is between US$ 0.49 and US$ 0.88 per kilogram or between US$ 0.22 and US$ 0.40 per pound(lb). Click here to see today's exact prices of palm oil in Aruba
The retail price range in Aruban Florin for palm oil is between AWG 0.88 and AWG 1.58 per kilogram or between AWG 0.40 and AWG 0.72 per pound(lb) in Oranjestad and Tanki Leendert .
Wholesale prices
In 2024, the approximate wholesale price range for Aruba palm oil is between US$ 0.34 and US$ 0.62 per kilogram or between US$ 0.16 and US$ 0.28 per pound(lb).
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Aruba Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Aruba over the last five years has seen a fluctuating trend. In 2013, the price was 3.50 US $ per kg, which decreased to 3.40 US $ per kg in 2014. The price dropped further to 2.67 US $ per kg in 2015, before increasing to 2.75 US $ per kg in 2016. In 2017, the price rose to 3.75 US $ per kg, before dropping to 3.33 US $ per kg in 2018. Based on this trend, it is predicted that the export price per kilogram of Palm Oil from Aruba in 2023 will be around 3.00 US $ per kg, and in 2024 it will be around 3.50 US $ per kg.Aruba Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Aruba over the last five years has been relatively stable. In 2013, the price was 3.50 US dollars per kg, dropping to 3.40 US dollars per kg in 2014. The price then decreased further to 2.67 US dollars per kg in 2015, before increasing slightly to 2.75 US dollars per kg in 2016. In 2017, the price rose to 3.75 US dollars per kg, before dropping back to 3.33 US dollars per kg in 2018. Based on this data, it is likely that the price of Palm Oil into Aruba will remain relatively stable in the coming years. It is predicted that the price in 2023 will be around 3.30 US dollars per kg, and in 2024 it will be around 3.35 US dollars per kg.Export values for Aruba palm oil
The total values in export for palm oil in Aruba were US$ 22, US$ 30 and US$ 10 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Aruba: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Caribbean: Aruba palm oil, Bahamas palm oil, Barbados palm oil, Cuba palm oil, Dominican Republic palm oil, Grenada palm oil, Guadeloupe palm oil, Haiti palm oil, Jamaica palm oil & Martinique palm oil.
Aruba palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Aruba shipped small quantities of palm oil. For 2019 alone, the demand for Aruba palm oil (processed category) has , with a change of % compared to the year 2018. Between 2017 and 2019, palm oil's exports reduced by -100 pc bringing Aruba US$0.00m for the year 2019. Aruba's palm oil exports are classified as:
- Crude palm kernel and babassu oil (HS code 151321)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm oil (HS code 151110)
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Aruba palm oil export values
In 2019, Aruba sold palm oil costing 0.00m USD, a reduction of -100.00% from 2018's total palm oil export of 0.01m USD. The annual reduction in value of Aruba palm oil between 2017 to 2018 was -66.667 pc.
The yearly change in the amount of Aruba's palm oil exports between 2017 and 2019 was -100% between 2018 and 2019.
Export markets for Aruba palm oil ( in '000$ )
Aruba imported 16 tonnes of palm oil in 2019.