What is the price of palm oil per kilogram/pound in Hungary today?
The retail price range for Hungary palm oil is between US$ 2.38 and US$ 3.57 per kilogram or between US$ 1.08 and US$ 1.62 per pound(lb). Click here to see today's exact prices of palm oil in Hungary
The retail price range in Forint for palm oil is between HUF 829.27 and HUF 1,243.90 per kilogram or between HUF 376.09 and HUF 564.13 per pound(lb) in Budapest and Debrecen.
Wholesale prices
In 2024, the approximate wholesale price range for Hungary palm oil is between US$ 1.67 and US$ 2.50 per kilogram or between US$ 0.76 and US$ 1.13 per pound(lb).
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Hungary palm oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of palm oil exported by Hungary in 2020 was 83 tonnes. In 2019 Hungary exported 102 tonnes of palm oil. Through 2019 alone, the interest in Hungary palm oil (processed category) has increased, recording a change of 36 per cent compared to the year 2018. Between 2017 and 2019, palm oil's exports decreased by -84.62 pc bringing the country US$0.14m for the year 2019. Hungary's palm oil exports are classified as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
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Hungary palm oil export values
In 2019, Hungary supplied palm oil valued at 0.14m USD, an increase of 14.75% from 2018's total palm oil export of 0.122m USD. The yearly change in value of Hungary palm oil between 2017 to 2018 was -84.654%.
The annual variation in the volume of Hungary's palm oil exports between 2017 and 2019 was -84.62 percent when compared to a variation of 36% in the growth rate between 2018 and 2019.
Export markets for Hungary palm oil ( in '000$ )
Hungary's leading export markets for palm oil are Romania, Austria, Slovakia, Belgium and Switzerland.
Hungary brought in 27,250 tonnes of palm oil in 2019.