What is the price of olive oil per kilogram/pound in Brazil today?
The retail price range for Brazil olive oil is between US$ 5.00 and US$ 5.05 per kilogram or between US$ 2.27 and US$ 2.29 per pound(lb). Click here to see today's exact prices of olive oil in Brazil
The retail price range in Brazilian Real for olive oil is between BRL 24.99 and BRL 25.23 per kilogram or between BRL 11.33 and BRL 11.44 per pound(lb) in Brasilia and Rio de Janeiro.
Wholesale prices
In 2024, the approximate wholesale price range for Brazil olive oil is between US$ 3.50 and US$ 3.53 per kilogram or between US$ 1.59 and US$ 1.60 per pound(lb).
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Prices of other produce in the Processed category in Brazil: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across South America: Argentina olive oil, Bolivia olive oil, Brazil olive oil, Chile olive oil, Colombia olive oil, Ecuador olive oil, French Guiana olive oil, Guyana olive oil, Paraguay olive oil & Peru olive oil.
Brazil olive oil - Production, Exports, Imports, Seasons and HS Codes
The volume of olive oil shipped by Brazil in 2020 was 232 metric tonnes. In 2019 Brazil shipped 71 tonnes of olive oil. For the year 2019 alone, the demand for Brazil olive oil (processed category) has increased, flactuating by 343.75 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 102.86% earning the exporter US$0.37m for the year 2019. Brazil's olive oil exports are categorised as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
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Brazil olive oil export values
In 2019, Brazil shipped olive oil valued at 0.37m USD, an increase of 345.78% from 2018's total olive oil export of 0.083m USD. The yearly growth in value of Brazil olive oil between 2017 to 2018 was -32.52 per cent.
The annual/yearly variation in the volume of Brazil's olive oil exports between 2017 and 2019 was 102.86 percent compared to a variation of 343.75% in the period between 2018 and 2019.
Brazil's portion of the world's total olive oil's exports in 2019 was less than 1%. Brazil is ranked position 45 in world exports of olive oil.
Export markets for Brazil olive oil ( in '000$ )
Brazil's top export markets for olive oil are Argentina, Spain, Panama, United Kingdom (UK) and Cyprus.
Import/Export Trends
Brazil is a net exporter of olive oil. The annual growth of Brazil olive oil in value between 2015 to 2019 was -15%, per annum, while annual growth in quantity during the same period was -37%, per annum.
Brazil imported 90,542 tonnes of olive oil in 2019.