What is the price of olive oil per kilogram/pound in Gabon today?
The retail price range for Gabon olive oil is between US$ 9.56 and US$ 16.26 per kilogram or between US$ 4.34 and US$ 7.37 per pound(lb). Click here to see today's exact prices of olive oil in Gabon
The retail price range in CFA Franc BEAC for olive oil is between XAF 5,976.25 and XAF 10,159.63 per kilogram or between XAF 2,710.32 and XAF 4,607.54 per pound(lb) in Libreville and Mandji (Port-Gentil).
Wholesale prices
In 2024, the approximate wholesale price range for Gabon olive oil is between US$ 6.69 and US$ 11.38 per kilogram or between US$ 3.04 and US$ 5.16 per pound(lb).
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Gabon Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Gabon over the last five years has seen a steady decline. In 2011, the price was 2.50 US $ per kg, which increased to 3.33 US $ per kg in 2012. However, the price dropped to 3.29 US $ per kg in 2013 and further decreased to 1.90 US $ per kg in 2014. The price has continued to decline and is currently at 1.50 US $ per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Olive Oil from Gabon will be 1.45 US $ per kg in 2023 and 1.40 US $ per kg in 2024.Gabon Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Gabon over the last five years has seen a significant decrease. In 2012, the price was 3.33 US dollars per kg, which dropped to 3.29 US dollars per kg in 2013. This downward trend continued in 2014, when the price fell to 1.9 US dollars per kg. The price has remained relatively stable since then, with the most recent data showing a price of 1.5 US dollars per kg in 2020. Based on this data, it is likely that the import price of Olive Oil into Gabon will remain around 1.5 US dollars per kg in the next few years, with a slight decrease to 1.45 US dollars per kg in 2023 and 1.4 US dollars per kg in 2024.Export values for Gabon olive oil
The total values in export for olive oil in Gabon were US$ 87, US$ 7 and US$ 24 in US dollar thousand for the years 2015, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Gabon: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Gabon olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Gabon sold small quantities of olive oil. For the year 2019 alone, the demand for Gabon olive oil (processed category) has , changing by pc compared to the year 2018. Between 2017 and 2019, olive oil's exports reduced by -100 percent netting Gabon US$0.00m for the year 2019. Gabon's olive oil exports are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Gabon olive oil export values
In 2019, Gabon shipped olive oil costing 0.00m USD, a drop of -100.00% from 2018's total olive oil export of 0.024m USD. The yearly change in value of Gabon olive oil between 2017 to 2018 was 242.857%.
The annual/yearly variation in the quantity of Gabon's olive oil exports between 2017 and 2019 was -100 per cent between 2018 and 2019.
Export markets for Gabon olive oil ( in '000$ )
Gabon brought in 171 tonnes of olive oil in 2019.