What is the price of olive oil per kilogram/pound in Botswana today?
The retail price range for Botswana olive oil is between US$ 10.89 and US$ 20.79 per kilogram or between US$ 4.94 and US$ 9.43 per pound(lb). Click here to see today's exact prices of olive oil in Botswana
The retail price range in Pula for olive oil is between BWP 147.13 and BWP 280.89 per kilogram or between BWP 66.73 and BWP 127.39 per pound(lb) in Gaborone and Francistown.
Wholesale prices
In 2024, the approximate wholesale price range for Botswana olive oil is between US$ 7.62 and US$ 14.55 per kilogram or between US$ 3.46 and US$ 6.60 per pound(lb).
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Botswana Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Botswana over the last five years has been quite varied. In 2016, the price was 1.06 US $ per kg, followed by a significant increase to 2.60 US $ per kg in 2017. In 2018, the price rose to 8.50 US $ per kg, before dropping to 4.50 US $ per kg in 2019. The price then decreased further to 0.67 US $ per kg in 2020. Based on this data, it is likely that the export price of Olive Oil from Botswana will remain relatively low in the coming years, with an estimated price of 2.50 US $ per kg in 2023 and 2.30 US $ per kg in 2024.The exports of olive oil from Botswana are categorised as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
Botswana Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Botswana over the last five years has been quite varied. In 2015, the price was 7.88 US dollars per kg, followed by a sharp drop to 1.06 US dollars per kg in 2016. This was followed by a slight increase to 2.6 US dollars per kg in 2017, and then a significant jump to 8.5 US dollars per kg in 2018. The price then dropped to 4.5 US dollars per kg in 2019, and then to a low of 0.67 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Olive Oil into Botswana will remain relatively low in the next few years, with a predicted price of 2.45 US dollars per kg in 2023 and 2.50 US dollars per kg in 2024.Export values for Botswana olive oil
The total values in export for olive oil in Botswana were US$ 1,168, US$ 416, US$ 256 and US$ 144 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Botswana: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Botswana olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Botswana shipped 32 tonnes of olive oil. In 2019 alone, the interest in Botswana olive oil (processed category) has remained constant, flactuating by 0 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports reduced by -80% earning the country US$0.14m for the year 2019. Botswana's olive oil exports are categorised as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
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Botswana olive oil export values
In 2019, Botswana shipped olive oil worth 0.14m USD, a contraction of -45.31% from 2018's total olive oil export of 0.256m USD. The annual change in value of Botswana olive oil between 2017 to 2018 was -38.462 per cent.
The per year change in the amount of Botswana's olive oil exports between 2017 and 2019 was -80% in comparison to a variation of 0% in the period between 2018 and 2019.
Export markets for Botswana olive oil ( in '000$ )
Botswana's best performing export markets for olive oil are United Kingdom (UK), Zambia, South Africa and Namibia.
Botswana procured 3,600 tonnes of olive oil in 2019.