What is the price of oil cake (press cake) per kilogram/pound in Georgia today?
The retail price range for Georgia oil cake (press cake) is between US$ 0.59 and US$ 1.18 per kilogram or between US$ 0.27 and US$ 0.53 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Georgia
The retail price range in Lari for oil cake (press cake) is between GEL 1.49 and GEL 2.99 per kilogram or between GEL 0.68 and GEL 1.35 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia oil cake (press cake) is between US$ 0.41 and US$ 0.83 per kilogram or between US$ 0.19 and US$ 0.37 per pound(lb).
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Georgia Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Georgia over the last five years has been relatively stable. In 2017, the price was 0.45 US $ per kg, followed by 0.51 US $ per kg in 2018. In 2019, the price dropped to 0.39 US $ per kg, before increasing to 0.48 US $ per kg in 2020. The latest year, 2021, saw the highest price of 0.56 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Oil cake (Press cake) from Georgia in 2023 will be around 0.54 US $ per kg, and in 2024 it will be around 0.52 US $ per kg.Georgia Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Georgia has been fluctuating over the past five years. In 2017, the price was at its lowest at 0.45 US $ per kg, followed by a slight increase to 0.51 US $ per kg in 2018. In 2019, the price dropped to 0.39 US $ per kg, before rising again to 0.48 US $ per kg in 2020. The latest data shows that the price has increased to 0.56 US $ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Oil cake (Press cake) into Georgia will be 0.60 US $ per kg in 2023 and 0.64 US $ per kg in 2024.Export values for Georgia oil cake (press cake)
The total values in export for oil cake (press cake) in Georgia were US$ 4,534, US$ 3,990, US$ 2,276 and US$ 1,447 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oil cake (press cake) in other countries across Europe: Georgia oil cake (press cake), Albania oil cake (press cake), Belarus oil cake (press cake), Bosnia and Herzegovina oil cake (press cake), Bulgaria oil cake (press cake), Croatia oil cake (press cake), Czech Republic oil cake (press cake), Estonia oil cake (press cake), Greece oil cake (press cake) & Hungary oil cake (press cake).
Georgia oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The quantity of oil cake (press cake) shipped by Georgia in 2020 was 3,157 metric tonnes. In 2019 Georgia exported 3,732 tonnes of oil cake (press cake). Across 2019 alone, the demand for Georgia oil cake (press cake) (processed category) has gone down, recording a change of -16.285 per cent compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports reduced by -57.49% bringing the country US$1.45m for the year 2019. Georgia's oil cake (press cake) exports are categorised as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
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Georgia oil cake (press cake) export values
In 2019, Georgia sold oil cake (press cake) worth 1.45m USD, a decrease of -36.29% from 2018's total oil cake (press cake) export of 2.276m USD. The annual change in value of Georgia oil cake (press cake) between 2017 to 2018 was -42.957 per cent.
The annual/yearly variation in the amount of Georgia's oil cake (press cake) exports between 2017 and 2019 was -57.49 pc compared to a variation of -16.285% in the period between 2018 and 2019.
Export markets for Georgia oil cake (press cake) ( in '000$ )
Georgia imported 47,984 tonnes of oil cake (press cake) in 2019.