What is the price of maize (corn) oil per kilogram/pound in Kenya today?
The retail price range for Kenya maize (corn) oil is between US$ 0.92 and US$ 1.21 per kilogram or between US$ 0.42 and US$ 0.55 per pound(lb). Click here to see today's exact prices of maize (corn) oil in Kenya
The retail price range in Kenyan Shilling for maize (corn) oil is between KES 127.63 and KES 167.93 per kilogram or between KES 57.88 and KES 76.16 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya maize (corn) oil is between US$ 0.64 and US$ 0.85 per kilogram or between US$ 0.29 and US$ 0.38 per pound(lb).
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Kenya Maize (corn) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize (Corn) Oil from Kenya has seen a steady decline over the last five years. In 2016 and 2017, the export price was 1.98 US $ per kg, before dropping to 1.79 US $ per kg in 2018. This trend continued in 2019, with the export price dropping to 1.65 US $ per kg. In 2020, the export price rose slightly to 1.79 US $ per kg, before dropping again to 1.78 US $ per kg in 2021. Based on this trend, it is predicted that the export price for Maize (Corn) Oil from Kenya in 2023 will be around 1.71 US $ per kg, and in 2024 it will be around 1.64 US $ per kg.The maize (corn) oil exports from Kenya are categorised as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
Kenya Maize (corn) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize (Corn) Oil into Kenya over the last five years has been relatively stable. In 2017, the price was recorded at $1.79, followed by a slight increase to $1.87 in 2018. The price then decreased to $1.65 in 2019, before increasing again to $1.79 in 2020. The most recent data shows that the price has remained steady at $1.78 in 2021. Based on this trend, it is predicted that the import price per kilogram of Maize (Corn) Oil into Kenya will remain at $1.78 in 2023 and 2024.Export values for Kenya maize (corn) oil
The total values in export for maize (corn) oil in Kenya were US$ 166, US$ 238, US$ 97 and US$ 165 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 maize (corn) oil in other countries across Africa: Algeria maize (corn) oil, Angola maize (corn) oil, Botswana maize (corn) oil, Burundi maize (corn) oil, Cameroon maize (corn) oil, Cape Verde maize (corn) oil, Central African Republic maize (corn) oil, Comoros maize (corn) oil, DRC Congo maize (corn) oil & Benin maize (corn) oil.
Kenya maize (corn) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 100 tonnes of maize (corn) oil. For the year 2019 alone, the demand for Kenya maize (corn) oil (processed category) has climbed, flactuating by 92.308 percent compared to the year 2018. Between 2017 and 2019, maize (corn) oil's exports decreased by -24.81 pc netting Kenya US$0.16m for the year 2019. Kenya's maize (corn) oil exports are categorised as:
- Crude maize oil (HS code 151521)
- Maize oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151529)
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Kenya maize (corn) oil export values
In 2019, Kenya supplied maize (corn) oil worth 0.16m USD, an improvement of 64.95% from 2018's total maize (corn) oil export of 0.097m USD. The annual growth in value of Kenya maize (corn) oil between 2017 to 2018 was -59.244 percent.
The annual/yearly variation in the quantity of Kenya's maize (corn) oil exports between 2017 and 2019 was -24.81 per cent compared to a variation of 92.308% in the period between 2018 and 2019.
Kenya's stake of the world's total maize (corn) oil's exports in 2019 was less than 1%. The country is ranked number 23 in world exports of maize (corn) oil.
Export markets for Kenya maize (corn) oil ( in '000$ )
Kenya's leading destinations for maize (corn) oil are Tanzania, Uganda, Zambia, DRC Congo and South Sudan.
Import/Export Trends
Kenya is a net exporter of maize (corn) oil. The annual growth of Kenya maize (corn) oil in value between 2015 to 2019 was 47%, per year, while annual growth in quantity was 28%, per annum.
Kenya purchased 4,067 tonnes of maize (corn) oil in 2019.