What is the price of olive oil per kilogram/pound in India today?
The retail price range for India olive oil is between US$ 3.31 and US$ 10.90 per kilogram or between US$ 1.50 and US$ 4.94 per pound(lb). Click here to see today's exact prices of olive oil in India
The retail price range in Indian Rupee for olive oil is between INR 274.03 and INR 902.68 per kilogram or between INR 124.28 and INR 409.38 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India olive oil is between US$ 2.32 and US$ 7.63 per kilogram or between US$ 1.05 and US$ 3.46 per pound(lb).
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India Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from India over the last five years has been quite volatile. In 2017, the price was 4.05 US $ per kg, followed by a sharp increase to 6.66 US $ per kg in 2016. This was followed by a decrease to 4.91 US $ per kg in 2018 and then a further decrease to 3.33 US $ per kg in 2019. However, the price has been on the rise since then, reaching 4.97 US $ per kg in 2020 and 4.74 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Olive Oil from India will be around 5.20 US $ per kg in 2023 and 5.45 US $ per kg in 2024.The olive oil exports from India 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)
- 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)
- 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)
India Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into India over the last five years has been quite volatile. In 2016, the price was at its highest at 6.66 US $ per kg, before dropping to 4.05 US $ per kg in 2017. The price then rose to 4.91 US $ per kg in 2018, before dropping again to 3.33 US $ per kg in 2019. In 2020, the price rose again to 4.97 US $ per kg, before dropping slightly to 4.74 US $ per kg in 2021. Based on this data, it is likely that the import price per kilogram of Olive Oil into India will remain around the 4.70 US $ per kg mark in 2023 and 2024.Export values for India olive oil
The total values in export for olive oil in India were US$ 213, US$ 89, US$ 172 and US$ 413 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Asia: Kazakhstan olive oil, Kyrgyzstan olive oil, Tajikistan olive oil, Turkmenistan olive oil, Uzbekistan olive oil, China olive oil, Hong Kong olive oil, Macao olive oil, North Korea olive oil & Mongolia olive oil.
India olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 124 tonnes of olive oil. Through 2019 alone, the market for India olive oil (processed category) has gone up, recording a change of 254.286 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 463.64% earning the country US$0.41m for the year 2019. India's olive oil exports are categorised as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
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India olive oil export values
In 2019, India shipped olive oil valued at 0.41m USD, an increase of 138.37% from 2018's total olive oil export of 0.172m USD. The yearly increase in value of India olive oil between 2017 to 2018 was 93.258 per cent.
The per year change in the quantity of India's olive oil exports between 2017 and 2019 was 463.64 percent compared to a variation of 254.286% in the period between 2018 and 2019.
Export markets for India olive oil ( in '000$ )
India's best performing export markets for olive oil are Iran, Bangladesh, Bhutan, United Arab Emirates (UAE) and Singapore.
India brought in 124 tonnes of olive oil in 2019.