What is the price of oil cake (press cake) per kilogram/pound in Australia today?
The retail price range for Australia oil cake (press cake) is between US$ 3.92 and US$ 6.87 per kilogram or between US$ 1.78 and US$ 3.11 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Australia
The retail price range in Australian Dollar for oil cake (press cake) is between AUD 5.90 and AUD 10.33 per kilogram or between AUD 2.68 and AUD 4.69 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia oil cake (press cake) is between US$ 2.75 and US$ 4.81 per kilogram or between US$ 1.25 and US$ 2.18 per pound(lb).
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Australia Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Canada has seen a steady increase over the last five years. In 2017, the price was 0.27 US $ per kg, which increased to 0.30 US $ per kg in 2018 and 0.29 US $ per kg in 2020. The highest price was recorded in 2022, at 0.43 US $ per kg. This represents an increase of 62.96% from the price in 2017. Based on this trend, it is predicted that the export price per kilogram of Oil cake (Press cake) from Canada will be 0.45 US $ per kg in 2023 and 0.48 US $ per kg in 2024.
Australia Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Australia has seen a fluctuating trend over the last five years. In 2017, the price was 0.52 US dollars per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 0.42 US dollars per kg. In 2019, the price increased to 0.57 US dollars per kg, before reaching its peak of 0.82 US dollars per kg in 2020. The price then decreased to 0.45 US dollars per kg in 2021 and further decreased to 0.39 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Oil cake (Press cake) into Australia will be 0.34 US dollars per kg in 2023 and 0.38 US dollars per kg in 2024.Export values for Australia oil cake (press cake)
The total values in export for oil cake (press cake) in Australia were US$ 9,565, US$ 5,745, US$ 1,877 and US$ 21 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oil cake (press cake) in other countries across Oceania: Fiji oil cake (press cake), French Polynesia oil cake (press cake), Guam oil cake (press cake), Micronesia oil cake (press cake), New Caledonia oil cake (press cake), Papua New Guinea oil cake (press cake), Samoa oil cake (press cake), Solomon Islands oil cake (press cake), Tonga oil cake (press cake) & Vanuatu oil cake (press cake).
Australia oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The volume of oil cake (press cake) exported by Australia in 2020 was 203 tonnes. In 2019 Australia sold 27 tonnes of oil cake (press cake). Through 2019 alone, the interest in Australia oil cake (press cake) (processed category) has gone down, flactuating by -99.389 pc compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports decreased by -99.76% netting the nation US$0.02m for the year 2019. Australia's oil cake (press cake) exports are classified as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
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Australia oil cake (press cake) export values
In 2019, Australia exported oil cake (press cake) worth 0.02m USD, a contraction of -98.93% from 2018's total oil cake (press cake) export of 1.877m USD. The annual reduction in value of Australia oil cake (press cake) between 2017 to 2018 was -67.328 per cent.
The annual/yearly variation in the quantity of Australia's oil cake (press cake) exports between 2017 and 2019 was -99.76% compared to a variation of -99.389% in the period between 2018 and 2019.
Export markets for Australia oil cake (press cake) ( in '000$ )
Australia procured 1,202,035 tonnes of oil cake (press cake) in 2019.