What is the price of coconut oil per kilogram/pound in Kenya today?
The retail price range for Kenya coconut oil is between US$ 2.13 and US$ 3.80 per kilogram or between US$ 0.97 and US$ 1.72 per pound(lb). Click here to see today's exact prices of coconut oil in Kenya
The retail price range in Kenyan Shilling for coconut oil is between KES 295.86 and KES 528.23 per kilogram or between KES 134.18 and KES 239.56 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya coconut oil is between US$ 1.49 and US$ 2.66 per kilogram or between US$ 0.68 and US$ 1.21 per pound(lb).
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Kenya Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from Kenya over the last five years has been quite volatile. In 2016, the price was 2.55 US $ per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 2.53 US $ per kg. In 2018, the price further decreased to 2.19 US $ per kg. However, in 2019, the price increased to 3.91 US $ per kg and in 2020, it was 3.35 US $ per kg. The latest data shows that the price in 2021 is 3.24 US $ per kg. Based on the trend, it is predicted that the export price per kilogram of Coconut oil from Kenya in 2023 will be around 3.50 US $ per kg and in 2024, it will be around 3.75 US $ per kg.The exports of coconut oil from Kenya are classified as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
Kenya Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Kenya over the last five years has been quite volatile. In 2017, the price was 2.53 US dollars per kg, followed by a slight decrease to 2.19 US dollars per kg in 2018. In 2019, the price rose to 3.91 US dollars per kg, before dropping to 3.35 US dollars per kg in 2020. The price then decreased further to 3.24 US dollars per kg in 2021. Based on this trend, it is likely that the price of Coconut oil in Kenya will continue to decrease in the next two years, with an estimated price of 2.90 US dollars per kg in 2023 and 2.50 US dollars per kg in 2024.Export values for Kenya coconut oil
The total values in export for coconut oil in Kenya were US$ 642, US$ 139, US$ 79 and US$ 442 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Africa: Algeria coconut oil, Angola coconut oil, Botswana coconut oil, Burundi coconut oil, Cameroon coconut oil, Cape Verde coconut oil, Central African Republic coconut oil, Comoros coconut oil, DRC Congo coconut oil & Benin coconut oil.
Kenya coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya shipped 113 tonnes of coconut oil. For 2019 alone, the demand for Kenya coconut oil (processed category) has gone up, flactuating by 213.889 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports increased by 105.45 percent netting the country US$0.44m for the year 2019. Kenya's coconut oil exports are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
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Kenya coconut oil export values
In 2019, Kenya exported coconut oil costing 0.44m USD, an increase of 456.96% from 2018's total coconut oil export of 0.079m USD. The annual increase in value of Kenya coconut oil between 2017 to 2018 was -43.165 percent.
The yearly variation in the amount of Kenya's coconut oil exports between 2017 and 2019 was 105.45 percent when compared to a variation of 213.889% in the growth rate between 2018 and 2019.
Kenya's share of the world's total coconut oil's exports in 2019 was less than 1%. Kenya holds number 35 in world exports of coconut oil.
Export markets for Kenya coconut oil ( in '000$ )
Kenya's top destinations for coconut oil are Yemen, the Netherlands, US, Uganda and Tanzania.
Import/Export Trends
Kenya is a net exporter of coconut oil. The annual growth of Kenya coconut oil in value between 2015 to 2019 was 110%, per year, while annual growth in quantity was 86%, per annum.
Kenya bought 139 tonnes of coconut oil in 2019.