What is the price of peanut (groundnut) oil per kilogram/pound in Egypt today?
The retail price range for Egypt peanut (groundnut) oil is between US$ 1.92 and US$ 3.84 per kilogram or between US$ 0.87 and US$ 1.74 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Egypt
The retail price range in Egyptian Pound for peanut (groundnut) oil is between EGP 60.04 and EGP 120.09 per kilogram or between EGP 27.23 and EGP 54.46 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt peanut (groundnut) oil is between US$ 1.34 and US$ 2.69 per kilogram or between US$ 0.61 and US$ 1.22 per pound(lb).
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Egypt Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Egypt has seen a lot of fluctuation over the past five years. In 2016, the price was 1.89 US $ per kg, which increased to 2.18 US $ per kg in 2017. However, the price dropped to 1.92 US $ per kg in 2018 and further decreased to 1.28 US $ per kg in 2019. In 2020, the price rose to 1.65 US $ per kg and further increased to 2.26 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Peanut (Groundnut) Oil from Egypt will be around 2.50 US $ per kg in 2023 and 2.75 US $ per kg in 2024.The exports of peanut (groundnut) oil from Egypt are categorised as:
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
- Crude groundnut oil (HS code 150810)
Egypt Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnut) Oil into Egypt has seen a fluctuating trend over the last five years. In 2017, the price was at its highest at 2.18 US $ per kg, followed by a decrease to 1.92 US $ per kg in 2018. In 2019, the price dropped to its lowest at 1.28 US $ per kg, before increasing to 1.65 US $ per kg in 2020. The price then rose to 2.26 US $ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Peanut (Groundnut) Oil into Egypt will remain relatively stable in the next two years. It is expected that the price will be around 2.26 US $ per kg in 2023 and 2.27 US $ per kg in 2024.Export values for Egypt peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Egypt were US$ 60, US$ 96, US$ 32 and US$ 21 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of peanut (groundnut) oil in other countries across Africa: Algeria peanut (groundnut) oil, Angola peanut (groundnut) oil, Botswana peanut (groundnut) oil, Burundi peanut (groundnut) oil, Cameroon peanut (groundnut) oil, Cape Verde peanut (groundnut) oil, Central African Republic peanut (groundnut) oil, Comoros peanut (groundnut) oil, DRC Congo peanut (groundnut) oil & Benin peanut (groundnut) oil.
Egypt peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt shipped 6 tonnes of peanut (groundnut) oil. Through 2019 alone, the market for Egypt peanut (groundnut) oil (processed category) has reduced, recording a change of -14.286 pc compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports decreased by -83.78% earning the country US$0.02m for the year 2019. Egypt's peanut (groundnut) oil exports are classified as:
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
- Crude groundnut oil (HS code 150810)
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Egypt peanut (groundnut) oil export values
In 2019, Egypt supplied peanut (groundnut) oil worth 0.02m USD, a decrease of -37.50% from 2018's total peanut (groundnut) oil export of 0.032m USD. The annual change in value of Egypt peanut (groundnut) oil between 2017 to 2018 was -66.667 pc.
The per year variation in the amount of Egypt's peanut (groundnut) oil exports between 2017 and 2019 was -83.78 pc compared to a variation of -14.286% in the period between 2018 and 2019.
Export markets for Egypt peanut (groundnut) oil ( in '000$ )
Egypt's leading export markets for peanut (groundnut) oil are Germany, Belgium, Ukraine, US and United Arab Emirates (UAE).
Egypt brought in 7 tonnes of peanut (groundnut) oil in 2019.