What is the price of soyabean oil per kilogram/pound in Egypt today?
The retail price range for Egypt soyabean oil is between US$ 0.97 and US$ 0.97 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of soyabean oil in Egypt
The retail price range in Egyptian Pound for soyabean oil is between EGP 30.25 and EGP 30.25 per kilogram or between EGP 13.72 and EGP 13.72 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt soyabean oil is between US$ 0.68 and US$ 0.68 per kilogram or between US$ 0.31 and US$ 0.31 per pound(lb).
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Egypt Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Egypt over the last five years has seen a steady decline. In 2017, the price was 1.01 US $ per kg, which dropped to 0.78 US $ per kg in 2019. The price then increased to 0.86 US $ per kg in 2020 and further to 1.11 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Soyabean oil from Egypt in 2023 will be around 0.99 US $ per kg and in 2024 it will be around 1.08 US $ per kg.The Egypt soyabean oil exports are classified as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
Egypt Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Egypt over the last five years has been relatively stable. In 2017, the price was 1.01 US$ per kg, followed by 1.04 US$ per kg in 2018. In 2019, the price dropped to 0.78 US$ per kg, before increasing to 0.86 US$ per kg in 2020. The price then rose to 1.11 US$ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Soyabean oil into Egypt will be around 1.14 US$ per kg in 2023 and 1.17 US$ per kg in 2024.Export values for Egypt soyabean oil
The total values in export for soyabean oil in Egypt were US$ 431,846, US$ 171,749, US$ 125,527 and US$ 160,714 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 soyabean oil in other countries across Africa: Algeria soyabean oil, Angola soyabean oil, Botswana soyabean oil, Burundi soyabean oil, Cameroon soyabean oil, Cape Verde soyabean oil, Central African Republic soyabean oil, Comoros soyabean oil, DRC Congo soyabean oil & Benin soyabean oil.
Egypt soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 125,889 tonnes of soyabean oil. For the year 2019 alone, the interest in Egypt soyabean oil (processed category) has increased, with a change of 246.802 % compared to the year 2018. Between 2017 and 2019, soyabean oil's exports increased by 208.06 pc earning the nation US$160.71m for the year 2019. Egypt's soyabean oil exports are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Egypt soyabean oil export values
In 2019, Egypt supplied soyabean oil with a value of 160.71m USD, an improvement of 28.03% from 2018's total soyabean oil export of 125.527m USD. The yearly increase in value of Egypt soyabean oil between 2017 to 2018 was -26.913%.
The per year variation in the volume of Egypt's soyabean oil exports between 2017 and 2019 was 208.06 per cent compared to a variation of 246.802% in the period between 2018 and 2019.
Egypt's share of the world's total soyabean oil's exports in 2019 was 1.1 percent. The country holds number 5 in world exports of soyabean oil.
Export markets for Egypt soyabean oil ( in '000$ )
Egypt's leading destinations for soyabean oil are Algeria, Mauritius, Malaysia, Eritrea and Jordan.
Import/Export Trends
Egypt is a net exporter of soyabean oil. The annual growth of Egypt soyabean oil in value between 2015 to 2019 was 46%, per annum, while annual growth in quantity was 61%, per annum.
Egypt purchased 226,909 tonnes of soyabean oil in 2019.