What is the price of soyabean oil per kilogram/pound in Fiji today?
The retail price range for Fiji soyabean oil is between US$ 1.34 and US$ 1.87 per kilogram or between US$ 0.61 and US$ 0.85 per pound(lb). Click here to see today's exact prices of soyabean oil in Fiji
The retail price range in Fiji Dollar for soyabean oil is between FJD 2.99 and FJD 4.18 per kilogram or between FJD 1.36 and FJD 1.90 per pound(lb) in Suva and Lautoka.
Wholesale prices
In 2024, the approximate wholesale price range for Fiji soyabean oil is between US$ 0.94 and US$ 1.31 per kilogram or between US$ 0.43 and US$ 0.59 per pound(lb).
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Prices of other produce in the Processed category in Fiji: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of soyabean oil in other countries across Oceania: Fiji soyabean oil, French Polynesia soyabean oil, Guam soyabean oil, Micronesia soyabean oil, New Caledonia soyabean oil, Papua New Guinea soyabean oil, Samoa soyabean oil, Solomon Islands soyabean oil, Tonga soyabean oil & Vanuatu soyabean oil.
Fiji soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Fiji shipped 127 tonnes of soyabean oil. In 2019 alone, the market for Fiji soyabean oil (processed category) has reduced, flactuating by -45.726 pc compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went down by -49.8% bringing the nation US$0.18m for the year 2019. Fiji's soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Fiji soyabean oil export values
In 2019, Fiji sold soyabean oil costing 0.18m USD, a contraction of -61.46% from 2018's total soyabean oil export of 0.467m USD. The annual reduction in value of Fiji soyabean oil between 2017 to 2018 was 1.743%.
The annual/yearly variation in the quantity of Fiji's soyabean oil exports between 2017 and 2019 was -49.8 percent in comparison to a variation of -45.726% in the period between 2018 and 2019.
Fiji's portion of the world's total soyabean oil's exports in 2019 was less than 1%. Fiji is ranked position 61 in world exports of soyabean oil.
Export markets for Fiji soyabean oil ( in '000$ )
Fiji's leading destinations for soyabean oil are Tonga, Vanuatu, New Zealand, Micronesia and US.
Import/Export Trends
Fiji is a net importer of soyabean oil. The annual growth of Fiji soyabean oil in value between 2015 to 2019 was 40%, per year, while annual growth in quantity during the same period was %, per annum.
Fiji ordered 7,403 tonnes of soyabean oil in 2019.