What is the price of soyabean oil per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong soyabean oil is between US$ 0.97 and US$ 1.01 per kilogram or between US$ 0.44 and US$ 0.46 per pound(lb). Click here to see today's exact prices of soyabean oil in Hong Kong
The retail price range in Hong Kong Dollar for soyabean oil is between HKD 7.61 and HKD 7.91 per kilogram or between HKD 3.45 and HKD 3.59 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong soyabean oil is between US$ 0.68 and US$ 0.71 per kilogram or between US$ 0.31 and US$ 0.32 per pound(lb).
Related: Kenya Soyabean oil prices, South Africa Soyabean oil prices, Malaysia Soyabean oil prices, Philippines Soyabean oil prices, India Soyabean oil prices, United Arab Emirates (UAE) Soyabean oil prices, Canada Soyabean oil prices, US Soyabean oil prices, Australia Soyabean oil prices, New Zealand Soyabean oil prices, Germany Soyabean oil prices, Netherlands Soyabean oil prices, Spain Soyabean oil prices, United Kingdom (UK) Soyabean oil prices,
Price Finder Tool
Search for prices of Hong Kong soyabean oil and other products in different countries.
Hong Kong Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price of Soyabean oil from Hong Kong has seen a steady increase over the past five years. In 2018, the price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. This year, the export price per kilogram of Soyabean oil from Hong Kong is $2.05. This represents a 40.7% increase in the price over the past five years. Based on this trend, it is likely that the export price of Soyabean oil from Hong Kong will continue to increase in the coming years. We can predict that the price per kilogram in 2023 will be around $2.20 and in 2024 it will be around $2.35.The Hong Kong soyabean oil exports are categorised 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)
Hong Kong Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price of Soyabean oil into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.45, which increased to $1.60 in 2019. This was followed by a slight dip in 2020, when the import price per kilogram was $1.50. However, the price rose again in 2021 to $1.65, and further increased to $1.70 in 2022. Overall, the import price of Soyabean oil into Hong Kong has seen a steady increase over the past five years, with the price per kilogram increasing from $1.45 in 2018 to $1.70 in 2022. This trend is likely to continue in the coming years, and it is expected that the import price per kilogram of Soyabean oil into Hong Kong will be around $1.75 in 2023 and $1.80 in 2024.Export values for Hong Kong soyabean oil
The total values in export for soyabean oil in Hong Kong were US$ 5,656, US$ 5,902, US$ 6,784 and US$ 7,259 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of soyabean oil in other countries across Asia: Kazakhstan soyabean oil, Kyrgyzstan soyabean oil, Tajikistan soyabean oil, Turkmenistan soyabean oil, Uzbekistan soyabean oil, China soyabean oil, Hong Kong soyabean oil, Macao soyabean oil, North Korea soyabean oil & Mongolia soyabean oil.
Hong Kong soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 7,114 tonnes of soyabean oil. For 2019 alone, the interest in Hong Kong soyabean oil (processed category) has climbed, with a change of 10.724 pc compared to the year 2018. Between 2017 and 2019, soyabean oil's exports increased by 27.72 percent bringing Hong Kong US$7.26m for the year 2019. Hong Kong's soyabean oil exports are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Are you a producer of soyabean oil or other products?
Sign up today for FREE to buy or sell soyabean oil.
Hong Kong soyabean oil export values
In 2019, Hong Kong shipped soyabean oil with a value of 7.26m USD, an increment of 7.02% from 2018's total soyabean oil export of 6.784m USD. The annual change in value of Hong Kong soyabean oil between 2017 to 2018 was 14.944 per cent.
The per year change in the quantity of Hong Kong's soyabean oil exports between 2017 and 2019 was 27.72% in comparison to a variation of 10.724% in the period between 2018 and 2019.
Hong Kong's share of the world's total soyabean oil's exports in 2019 was less than 1%. The country holds number 14 in world exports of soyabean oil.
Export markets for Hong Kong soyabean oil ( in '000$ )
Hong Kong's leading destinations for soyabean oil are Macao, China, Spain, Vanuatu and US.
Import/Export Trends
Hong Kong is a net importer of soyabean oil. The annual growth of Hong Kong soyabean oil in value between 2015 to 2019 was -1%, per annum, while annual growth in quantity was -1%, per annum.
Hong Kong procured 62,827 tonnes of soyabean oil in 2019.