What is the price of palm oil per kilogram/pound in Ivory Coast today?
The retail price range for Ivory Coast palm oil is between US$ 1.97 and US$ 2.95 per kilogram or between US$ 0.89 and US$ 1.34 per pound(lb). Click here to see today's exact prices of palm oil in Ivory Coast
The retail price range in West African CFA franc for palm oil is between XOF 1,230.38 and XOF 1,845.56 per kilogram or between XOF 557.99 and XOF 836.99 per pound(lb) in Yamoussoukro and Abidjan.
Wholesale prices
In 2024, the approximate wholesale price range for Ivory Coast palm oil is between US$ 1.38 and US$ 2.07 per kilogram or between US$ 0.62 and US$ 0.94 per pound(lb).
Related: Kenya Palm Oil prices, South Africa Palm Oil prices, Malaysia Palm Oil prices, Philippines Palm Oil prices, India Palm Oil prices, United Arab Emirates (UAE) Palm Oil prices, Canada Palm Oil prices, US Palm Oil prices, Australia Palm Oil prices, New Zealand Palm Oil prices, Germany Palm Oil prices, Netherlands Palm Oil prices, Spain Palm Oil prices, United Kingdom (UK) Palm Oil prices,
Price Finder Tool
Search for prices of Ivory Coast palm oil and other products in different countries.
Ivory Coast Palm Oil Export Prices - Historical, Trends and Prediction
The export price of Palm Oil from Ivory Coast has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.90, which increased to $1.02 in 2019. In 2020, the price rose to $1.17, and in 2021 it further increased to $1.30. The export price per kilogram of Palm Oil from Ivory Coast reached its highest point in 2022, at $1.45. Looking ahead, it is likely that the export price of Palm Oil from Ivory Coast will continue to increase, with an estimated price of $1.60 in 2023 and $1.75 in 2024.The exports of palm oil from the Ivory Coast are categorised as:
- Crude palm oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
Ivory Coast Palm Oil Import Prices - Historical, Trends and Prediction
The import price of Palm Oil into Ivory Coast has seen a steady increase over the past five years. In 2018, the price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price of Palm Oil into Ivory Coast in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of Palm Oil into Ivory Coast over the past five years. Looking ahead, it is likely that the import price of Palm Oil into Ivory Coast will continue to increase in the coming years. Based on the data, it is predicted that the import price of Palm Oil into Ivory Coast in 2023 will be $0.90 per kilogram, and in 2024 it will be $1.00 per kilogram.Export values for Ivory Coast palm oil
The total values in export for palm oil in the Ivory Coast were US$ 391,648, US$ 360,206, US$ 406,040 and US$ 429,160 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Ivory Coast: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Africa: Algeria palm oil, Angola palm oil, Botswana palm oil, Burundi palm oil, Cameroon palm oil, Cape Verde palm oil, Central African Republic palm oil, Comoros palm oil, DRC Congo palm oil & Benin palm oil.
Ivory Coast palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Ivory Coast shipped 602,868 tonnes of palm oil. For the year 2019 alone, the market for the Ivory Coast palm oil (processed category) has gone up, changing by 23.858 pc compared to the year 2018. Between 2017 and 2019, palm oil's exports grew by 59.57 pc earning the country US$429.16m for the year 2019. the Ivory Coast's palm oil exports are classified as:
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
Are you a producer of palm oil or other products?
Sign up today for FREE to buy or sell palm oil.
Ivory Coast palm oil export values
In 2019, the Ivory Coast exported palm oil valued at 429.16m USD, an improvement of 5.69% from 2018's total palm oil export of 406.04m USD. The annual change in value of the Ivory Coast palm oil between 2017 to 2018 was 12.724 pc.
The annual/yearly variation in the volume of the Ivory Coast's palm oil exports between 2017 and 2019 was 59.57 per cent when compared to a variation of 23.858% in the growth rate between 2018 and 2019.
Export markets for Ivory Coast palm oil ( in '000$ )
the Ivory Coast's leading export markets for palm oil are Ghana, Italy, Mali, Benin and the Netherlands.
the Ivory Coast ordered 130,586 tonnes of palm oil in 2019.
Production
The production of palm oil in the Ivory Coast was 16,441,296 tonnes in 2019 and is projected to change by an average of -5.23%. The country had an estimated 2,520,440.00 hectares under palm oil cultivation.