What is the price of oil cake (press cake) per kilogram/pound in Barbados today?
The retail price range for Barbados oil cake (press cake) is between US$ 2.41 and US$ 14.45 per kilogram or between US$ 1.09 and US$ 6.56 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Barbados
The retail price range in Barbados Dollar for oil cake (press cake) is between BBD 4.82 and BBD 28.91 per kilogram or between BBD 2.19 and BBD 13.11 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados oil cake (press cake) is between US$ 1.69 and US$ 10.12 per kilogram or between US$ 0.76 and US$ 4.59 per pound(lb).
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Barbados Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Barbados over the last five years has seen a steady decline. In 2013, the export price was 0.72 US $ per kg, which dropped to 0.42 US $ per kg in 2014. The price then rose slightly to 0.48 US $ per kg in 2015, before dropping again to 0.44 US $ per kg in 2016 and 2017. The price then remained steady at 0.42 US $ per kg in 2018 and 2019, before rising to 0.44 US $ per kg in 2020 and 0.46 US $ per kg in 2021. The most recent data shows an increase to 0.74 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Oil cake (Press cake) from Barbados will be 0.76 US $ per kg in 2023 and 0.78 US $ per kg in 2024.Barbados Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Barbados over the last five years has been relatively stable. In 2017, the price was 0.46 US$ per kg, followed by 0.42 US$ per kg in 2018. In 2019, the price increased slightly to 0.44 US$ per kg, before dropping to 0.43 US$ per kg in 2020. This year, the price has increased again to 0.46 US$ per kg. Based on this data, it is likely that the import price per kilogram of Oil cake (Press cake) into Barbados will remain stable in the next two years, with a predicted price of 0.46 US$ per kg in 2023 and 0.74 US$ per kg in 2024.Export values for Barbados oil cake (press cake)
The total values in export for oil cake (press cake) in Barbados were US$ 1,033, US$ 1,455, US$ 1,724 and US$ 1,700 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Barbados: 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 Caribbean: Aruba oil cake (press cake), Bahamas oil cake (press cake), Barbados oil cake (press cake), Cuba oil cake (press cake), Dominican Republic oil cake (press cake), Grenada oil cake (press cake), Guadeloupe oil cake (press cake), Haiti oil cake (press cake), Jamaica oil cake (press cake) & Martinique oil cake (press cake).
Barbados oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The quantity of oil cake (press cake) sold by Barbados in 2020 was 2,544 metric tons. In 2019 Barbados exported 3,876 tonnes of oil cake (press cake). For 2019 alone, the market for Barbados oil cake (press cake) (processed category) has shrunk, flactuating by -5.023 % compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports grew by 21.66 pc netting the exporter US$1.70m for the year 2019. Barbados' oil cake (press cake) exports are categorised as:
- 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)
- 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)
- 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)
- 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 linseed (HS code 230620)
- 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)
- 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 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 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 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 sunflower seeds (HS code 230630)
- 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)
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Barbados oil cake (press cake) export values
In 2019, Barbados supplied oil cake (press cake) valued at 1.70m USD, a contraction of -1.39% from 2018's total oil cake (press cake) export of 1.724m USD. The yearly change in value of Barbados oil cake (press cake) between 2017 to 2018 was 18.488 percent.
The yearly variation in the volume of Barbados' oil cake (press cake) exports between 2017 and 2019 was 21.66 per cent when compared to a variation of -5.023% in the growth rate between 2018 and 2019.
Export markets for Barbados oil cake (press cake) ( in '000$ )
Barbados procured 27 tonnes of oil cake (press cake) in 2019.