What is the price of peanut (groundnut) oil per kilogram/pound in Iran today?
The retail price range for Iran peanut (groundnut) oil is between US$ 2.38 and US$ 8.11 per kilogram or between US$ 1.08 and US$ 3.68 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Iran
The retail price range in Iranian rial for peanut (groundnut) oil is between IRR 119,237.50 and IRR 405,407.50 per kilogram or between IRR 54,075.96 and IRR 183,858.28 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran peanut (groundnut) oil is between US$ 1.67 and US$ 5.68 per kilogram or between US$ 0.76 and US$ 2.57 per pound(lb).
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Iran Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Iran has seen a steady decline over the last five years. In 2015, the price was 7.00 US dollars per kg, which dropped to 4.00 US dollars per kg in 2016. In 2017, the price further decreased to 1.73 US dollars per kg, before increasing to 5.00 US dollars per kg in 2018. The price then dropped again to 3.00 US dollars per kg in 2019. Based on this trend, it is likely that the export price per kilogram of Peanut (Groundnut) Oil from Iran will continue to decrease in the coming years, with a predicted price of 2.50 US dollars per kg in 2023 and 2.00 US dollars per kg in 2024.The Iran peanut (groundnut) oil exports are categorised as:
- Crude groundnut oil (HS code 150810)
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
Iran Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnut) Oil into Iran has seen a significant decrease over the last five years. In 2015, the price was 7.00 US dollars per kg, which dropped to 4.00 US dollars per kg in 2016. This downward trend continued in 2017, when the price fell to 1.73 US dollars per kg. However, in 2018, the price rose to 5.00 US dollars per kg, before dropping again to 3.00 US dollars per kg in 2019. Based on this data, it is likely that the import price per kilogram of Peanut (Groundnut) Oil into Iran will remain relatively stable in the next few years, with a predicted price of 3.00 US dollars per kg in 2023 and 2024.Export values for Iran peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Iran were US$ 4, US$ 64, US$ 5 and US$ 11,526 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Iran: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of peanut (groundnut) oil in other countries across Asia: Kazakhstan peanut (groundnut) oil, Kyrgyzstan peanut (groundnut) oil, Tajikistan peanut (groundnut) oil, Turkmenistan peanut (groundnut) oil, Uzbekistan peanut (groundnut) oil, China peanut (groundnut) oil, Hong Kong peanut (groundnut) oil, Macao peanut (groundnut) oil, North Korea peanut (groundnut) oil & Mongolia peanut (groundnut) oil.
Iran peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran sold 29,492 tonnes of peanut (groundnut) oil. Through 2019 alone, the market for Iran peanut (groundnut) oil (processed category) has increased, with a change of 2949100 % compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports increased by 79608.11 pc netting Iran US$11.53m for the year 2019. Iran's peanut (groundnut) oil exports are classified as:
- Crude groundnut oil (HS code 150810)
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
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Iran peanut (groundnut) oil export values
In 2019, Iran sold peanut (groundnut) oil with a value of 11.53m USD, an improvement of 230,500.00% from 2018's total peanut (groundnut) oil export of 0.005m USD. The annual change in value of Iran peanut (groundnut) oil between 2017 to 2018 was -92.188%.
The annual variation in the amount of Iran's peanut (groundnut) oil exports between 2017 and 2019 was 79608.11 pc when compared to a variation of 2949100% in the growth rate between 2018 and 2019.
Export markets for Iran peanut (groundnut) oil ( in '000$ )
Iran's best performing destinations for peanut (groundnut) oil are the Philippines, Australia, United Arab Emirates (UAE) and Afghanistan.
Iran imported 6 tonnes of peanut (groundnut) oil in 2019.