What is the price of palm oil per kilogram/pound in France today?
The retail price range for France palm oil is between US$ 0.87 and US$ 1.30 per kilogram or between US$ 0.39 and US$ 0.59 per pound(lb). Click here to see today's exact prices of palm oil in France
The retail price range in Euro for palm oil is between EUR 0.80 and EUR 1.20 per kilogram or between EUR 0.36 and EUR 0.54 per pound(lb) in Paris and Marseille.
Wholesale prices
In 2024, the approximate wholesale price range for France palm oil is between US$ 0.61 and US$ 0.91 per kilogram or between US$ 0.27 and US$ 0.41 per pound(lb).
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France Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from France over the last five years has seen a steady decline. In 2017, the price was at its lowest at $1.03, before increasing to $1.67 in 2018. The price then decreased again to $1.53 in 2019, before rising to $1.90 in 2020. 2021 saw a further decrease to $1.45, before increasing again to $2.20 in 2022. Based on this trend, it is predicted that the export price per kilogram of Palm Oil from France in 2023 will be around $1.90, and in 2024 will be around $2.20.The exports of palm oil from France are categorised as:
- Crude palm oil (HS code 151110)
- 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)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
France Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into France over the last five years has been relatively stable. In 2016, the price was $1.93, followed by $1.03 in 2017, $1.67 in 2018, $1.53 in 2019, and $1.90 in 2020. This indicates a slight decrease in the price of Palm Oil over the last five years. However, the price has seen a slight increase in 2021, with the price being $1.45. Looking ahead, it is likely that the price of Palm Oil will remain relatively stable, with an estimated price of $2.20 in 2022. Predicted prices for 2023 and 2024 are $2.15 and $2.10 respectively.Export values for France palm oil
The total values in export for palm oil in France were US$ 2,216, US$ 7,955, US$ 4,876 and US$ 4,394 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in France: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Europe: Georgia palm oil, Albania palm oil, Belarus palm oil, Bosnia and Herzegovina palm oil, Bulgaria palm oil, Croatia palm oil, Czech Republic palm oil, Estonia palm oil, Greece palm oil & Hungary palm oil.
France palm oil - Production, Exports, Imports, Seasons and HS Codes
The amount of palm oil exported by France in 2020 was 1,678 tons. In 2019 France sold 2,875 tonnes of palm oil. Through 2019 alone, the market for France palm oil (processed category) has reduced, recording a change of -1.777 % compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -62.64 pc bringing the country US$4.39m for the year 2019. France's palm oil exports are classified as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm oil (HS code 151110)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
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France palm oil export values
In 2019, France shipped palm oil costing 4.39m USD, a drop of -9.97% from 2018's total palm oil export of 4.876m USD. The yearly reduction in value of France palm oil between 2017 to 2018 was -38.705 per cent.
The per year variation in the amount of France's palm oil exports between 2017 and 2019 was -62.64 percent compared to a variation of -1.777% in the period between 2018 and 2019.
France's stake of the world's total palm oil's exports in 2019 was 1.4 percent. France holds number 7 in world exports of palm oil.
Export markets for France palm oil ( in '000$ )
France's best performing destinations for palm oil are Sudan, Estonia, Niger, Slovenia and Algeria.
Import/Export Trends
France is a net importer of palm oil. The annual growth of France palm oil in value between 2015 to 2019 was 54%, per year, while annual growth in quantity through the same period was 37%, per annum.
France purchased 420,663 tonnes of palm oil in 2019.