What is the price of palm oil per kilogram/pound in Czech Republic today?
The retail price range for Czech Republic palm oil is between US$ 1.82 and US$ 2.29 per kilogram or between US$ 0.82 and US$ 1.04 per pound(lb). Click here to see today's exact prices of palm oil in Czech Republic
The retail price range in Czech koruna for palm oil is between CZK 39.99 and CZK 50.47 per kilogram or between CZK 18.14 and CZK 22.89 per pound(lb) in Prague and Brno.
Wholesale prices
In 2024, the approximate wholesale price range for Czech Republic palm oil is between US$ 1.27 and US$ 1.61 per kilogram or between US$ 0.58 and US$ 0.73 per pound(lb).
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Czech Republic palm oil - Production, Exports, Imports, Seasons and HS Codes
The amount of palm oil exported by Czech Republic in 2020 was 5,130 metric tons. In 2019 Czech Republic sold 6,111 tonnes of palm oil. For 2019 alone, the interest in Czech Republic palm oil (processed category) has surged, changing by 11.985 % compared to the year 2018. Between 2017 and 2019, palm oil's exports grew by 82.91 pc bringing Czech Republic US$1.59m for the year 2019. Czech Republic's palm oil exports are classified as:
- Crude palm oil (HS code 151110)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
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Czech Republic palm oil export values
In 2019, Czech Republic exported palm oil costing 1.59m USD, an increment of 0.63% from 2018's total palm oil export of 1.58m USD. The yearly growth in value of Czech Republic palm oil between 2017 to 2018 was 20.427%.
The per year variation in the quantity of Czech Republic's palm oil exports between 2017 and 2019 was 82.91 pc in comparison to a variation of 11.985% in the period between 2018 and 2019.
Czech Republic's portion of the world's total palm oil's exports in 2019 was less than 1%. Czech Republic is ranked number 34 in world exports of palm oil.
Export markets for Czech Republic palm oil ( in '000$ )
Czech Republic's best performing export markets for palm oil are Germany, the Netherlands, Austria, Lithuania and Hungary.
Import/Export Trends
Czech Republic is a net importer of palm oil. The annual growth of Czech Republic palm oil in value between 2015 to 2019 was 30%, per annum, while annual growth in quantity through the same period was %, per annum.
Czech Republic ordered 18,239 tonnes of palm oil in 2019.