What is the price of palm oil per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan palm oil is between US$ 4.10 and US$ 4.67 per kilogram or between US$ 1.86 and US$ 2.12 per pound(lb). Click here to see today's exact prices of palm oil in Kazakhstan
The retail price range in Tenge for palm oil is between KZT 1,839.66 and KZT 2,095.54 per kilogram or between KZT 834.31 and KZT 950.36 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan palm oil is between US$ 2.87 and US$ 3.27 per kilogram or between US$ 1.30 and US$ 1.48 per pound(lb).
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Kazakhstan Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Kazakhstan has seen a steady increase over the last five years. In 2016, the price was $1.00, and in 2021 it was $1.23. This represents an increase of 23%. In 2020, the price dropped to $0.99, but it has since recovered to its 2021 level. Looking ahead, we can expect the price of Palm Oil from Kazakhstan to remain around $1.23 in 2023 and 2024.The exports of palm oil from Kazakhstan are categorised as:
- Crude palm oil (HS code 151110)
- 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)
- Crude palm kernel and babassu oil (HS code 151321)
Kazakhstan Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Kazakhstan has seen a steady increase over the past five years. In 2016, the price was $1.00, followed by a slight decrease to $0.92 in 2017. In 2018, the price rose to $0.94, before dropping to $0.70 in 2019. The price then increased again to $0.99 in 2020, and further to $1.23 in 2021. Based on this trend, it is predicted that the import price per kilogram of Palm Oil into Kazakhstan will be $1.45 in 2023 and $1.68 in 2024.Export values for Kazakhstan palm oil
The total values in export for palm oil in Kazakhstan were US$ 5, US$ 1,742, US$ 91 and US$ 58 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kazakhstan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Asia: Kazakhstan palm oil, Kyrgyzstan palm oil, Tajikistan palm oil, Turkmenistan palm oil, Uzbekistan palm oil, China palm oil, Hong Kong palm oil, Macao palm oil, North Korea palm oil & Mongolia palm oil.
Kazakhstan palm oil - Production, Exports, Imports, Seasons and HS Codes
The volume of palm oil sold by Kazakhstan in 2020 was 398 metric tons. In 2019 Kazakhstan shipped 83 tonnes of palm oil. For 2019 alone, the demand for Kazakhstan palm oil (processed category) has shrunk, flactuating by -14.433 pc compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -95.61% netting the exporter US$0.06m for the year 2019. Kazakhstan's palm oil exports are categorised as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
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Kazakhstan palm oil export values
In 2019, Kazakhstan sold palm oil with a value of 0.06m USD, a drop of -34.07% from 2018's total palm oil export of 0.091m USD. The yearly reduction in value of Kazakhstan palm oil between 2017 to 2018 was -94.776%.
The per year variation in the amount of Kazakhstan's palm oil exports between 2017 and 2019 was -95.61 percent compared to a variation of -14.433% in the period between 2018 and 2019.
Export markets for Kazakhstan palm oil ( in '000$ )
Kazakhstan's leading export markets for palm oil are Russia, Uzbekistan, Kyrgyzstan and Turkmenistan.
Kazakhstan bought 40,603 tonnes of palm oil in 2019.