What is the price of soyabean oil per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan soyabean oil is between US$ 4.54 and US$ 5.87 per kilogram or between US$ 2.06 and US$ 2.66 per pound(lb). Click here to see today's exact prices of soyabean oil in Kazakhstan
The retail price range in Tenge for soyabean oil is between KZT 2,034.19 and KZT 2,633.74 per kilogram or between KZT 922.54 and KZT 1,194.44 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan soyabean oil is between US$ 3.18 and US$ 4.11 per kilogram or between US$ 1.44 and US$ 1.86 per pound(lb).
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Kazakhstan Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Kazakhstan over the last five years has seen a steady decline. In 2016, the price was 0.88 US $ per kg, and in 2021 it was 1.27 US $ per kg. This represents a decrease of 0.39 US $ per kg. The lowest price was in 2015, when it was 0.95 US $ per kg. The highest price was in 2021, when it was 1.27 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Soyabean oil from Kazakhstan in 2023 will be 0.68 US $ per kg and in 2024 will be 0.62 US $ per kg.The exports of soyabean oil from Kazakhstan 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)
Kazakhstan Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Kazakhstan has seen a steady decline over the last five years. In 2016, the price was recorded at 0.88 US $ per kg, followed by 0.80 US $ per kg in 2017. In 2018, the price dropped further to 0.71 US $ per kg and in 2019, it was 0.73 US $ per kg. The price saw a slight increase in 2020, reaching 0.77 US $ per kg, before rising to 1.27 US $ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Soyabean oil into Kazakhstan will be 1.17 US $ per kg in 2023 and 1.07 US $ per kg in 2024.Export values for Kazakhstan soyabean oil
The total values in export for soyabean oil in Kazakhstan were US$ 5,013, US$ 14,350, US$ 11,461 and US$ 6,809 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 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.
Kazakhstan soyabean oil - Production, Exports, Imports, Seasons and HS Codes
The volume of soyabean oil shipped by Kazakhstan in 2020 was 18,492 metric tonnes. In 2019 Kazakhstan shipped 9,366 tonnes of soyabean oil. Through 2019 alone, the market for Kazakhstan soyabean oil (processed category) has decreased, with a change of -41.959 per cent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went down by -47.71 percent earning the exporter US$6.81m for the year 2019. Kazakhstan's soyabean oil exports are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Kazakhstan soyabean oil export values
In 2019, Kazakhstan exported soyabean oil valued at 6.81m USD, a drop of -40.58% from 2018's total soyabean oil export of 11.461m USD. The yearly reduction in value of Kazakhstan soyabean oil between 2017 to 2018 was -20.132 per cent.
The annual change in the amount of Kazakhstan's soyabean oil exports between 2017 and 2019 was -47.71 per cent in comparison to a variation of -41.959% in the period between 2018 and 2019.
Export markets for Kazakhstan soyabean oil ( in '000$ )
Kazakhstan's leading export markets for soyabean oil are Uzbekistan, China, Tajikistan, Kyrgyzstan and Russia.
Kazakhstan bought 84 tonnes of soyabean oil in 2019.