What is the price of palm oil per kilogram/pound in Barbados today?
The retail price range for Barbados palm oil is between US$ 0.61 and US$ 1.16 per kilogram or between US$ 0.28 and US$ 0.53 per pound(lb). Click here to see today's exact prices of palm oil in Barbados
The retail price range in Barbados Dollar for palm oil is between BBD 1.23 and BBD 2.32 per kilogram or between BBD 0.56 and BBD 1.05 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados palm oil is between US$ 0.43 and US$ 0.81 per kilogram or between US$ 0.19 and US$ 0.37 per pound(lb).
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Barbados Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Barbados has remained relatively stable over the past five years. In 2016, the price was 0.00 US$ per kg, and in 2017 and 2018, the price was 0.01 US$ per kg. Based on this data, it is likely that the export price of Palm Oil from Barbados will remain at 0.01 US$ per kg in the years 2023 and 2024.The exports of palm oil from Barbados are categorised 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)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
Barbados Palm Oil Import Prices - Historical, Trends and Prediction
The import price of Palm Oil into Barbados has been relatively stable over the past five years. In 2016 and 2017, the price was 0.00 US$ per kg, while in 2018 it increased slightly to 0.01 US$ per kg. This indicates that the price of Palm Oil has remained relatively low in Barbados over the past few years. Based on this trend, it is likely that the price of Palm Oil in Barbados will remain relatively low in the coming years. For example, we can predict that the price of Palm Oil in Barbados in 2023 and 2024 will be around 0.01 US$ per kg.Export values for Barbados palm oil
The total values in export for palm oil in Barbados were US$ 2, US$ 7 and US$ 6 in US dollar thousand for the years 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 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.
Barbados palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Barbados shipped 259 tonnes of palm oil. Across 2019 alone, the interest in Barbados palm oil (processed category) has decreased, with a change of -5.818 percent compared to the year 2018. Between 2017 and 2019, palm oil's exports increased by 167.01 percent netting the nation US$0.01m for the year 2019. Barbados' palm oil exports are categorised as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Barbados palm oil export values
In 2019, Barbados supplied palm oil costing 0.01m USD, an increase of 42.86% from 2018's total palm oil export of 0.007m USD. The yearly increase in value of Barbados palm oil between 2017 to 2018 was 250 percent.
The annual change in the volume of Barbados' palm oil exports between 2017 and 2019 was 167.01 per cent when compared to a variation of -5.818% in the growth rate between 2018 and 2019.
Barbados' stake of the world's total palm oil's exports in 2019 was less than 1%. Barbados is ranked position 54 in world exports of palm oil.
Export markets for Barbados palm oil ( in '000$ )
Barbados' leading destinations for palm oil are US.
Barbados ordered 1,216 tonnes of palm oil in 2019.