What is the price of soyabean oil per kilogram/pound in Iran today?
The retail price range for Iran soyabean oil is between US$ 0.52 and US$ 0.72 per kilogram or between US$ 0.24 and US$ 0.33 per pound(lb). Click here to see today's exact prices of soyabean oil in Iran
The retail price range in Iranian rial for soyabean oil is between IRR 26,130.50 and IRR 36,107.60 per kilogram or between IRR 11,850.57 and IRR 16,375.33 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran soyabean oil is between US$ 0.37 and US$ 0.51 per kilogram or between US$ 0.17 and US$ 0.23 per pound(lb).
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Iran Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Iran over the last five years has seen a significant decrease. In 2019, the price was at its lowest point of 1.32 US $ per kg. This was a decrease of 64.3% from the price in 2015, which was 2.85 US $ per kg. In 2020, the price increased to 3.25 US $ per kg, which was a rise of 145.1% from the previous year. Looking ahead, it is expected that the export price of Soyabean oil from Iran will continue to increase in the coming years, with an estimated price of 3.45 US $ per kg in 2023 and 3.65 US $ per kg in 2024.The Iran 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)
Iran Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Iran has seen a fluctuating trend over the past five years. In 2015, the price was at its lowest at 2.85 US $ per kg, before rising to 3.22 US $ per kg in 2016. The price then dropped to 2.90 US $ per kg in 2017, before increasing to 3.25 US $ per kg in 2018. However, the price dropped significantly in 2019 to 1.32 US $ per kg. Based on this trend, it is predicted that the import price per kilogram of Soyabean oil into Iran will be 2.50 US $ per kg in 2023 and 2.75 US $ per kg in 2024.Export values for Iran soyabean oil
The total values in export for soyabean oil in Iran were US$ 2,834, US$ 3,283, US$ 11,789 and US$ 2 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 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.
Iran soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran sold 1 tonnes of soyabean oil. For the year 2019 alone, the demand for Iran soyabean oil (processed category) has decreased, recording a change of -99.986 pc compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went down by -99.96% bringing the exporter US$0.00m for the year 2019. Iran's soyabean oil exports are categorised as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
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Iran soyabean oil export values
In 2019, Iran sold soyabean oil valued at 0.00m USD, a decrease of -100.00% from 2018's total soyabean oil export of 11.789m USD. The annual change in value of Iran soyabean oil between 2017 to 2018 was 259.092 pc.
The yearly variation in the quantity of Iran's soyabean oil exports between 2017 and 2019 was -99.96 percent in comparison to a variation of -99.986% in the period between 2018 and 2019.
Iran's portion of the world's total soyabean oil's exports in 2019 was less than 1%. Iran is ranked number 52 in world exports of soyabean oil.
Export markets for Iran soyabean oil ( in '000$ )
Iran's top destinations for soyabean oil are Kazakhstan, Qatar, Iraq, Georgia and Armenia.
Iran purchased 101,559 tonnes of soyabean oil in 2019.