What is the price of olive oil per kilogram/pound in Kenya today?
The retail price range for Kenya olive oil is between US$ 2.69 and US$ 3.46 per kilogram or between US$ 1.22 and US$ 1.57 per pound(lb). Click here to see today's exact prices of olive oil in Kenya
The retail price range in Kenyan Shilling for olive oil is between KES 374.26 and KES 480.61 per kilogram or between KES 169.73 and KES 217.96 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya olive oil is between US$ 1.89 and US$ 2.42 per kilogram or between US$ 0.86 and US$ 1.10 per pound(lb).
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Kenya Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Kenya over the last five years has been quite varied. In 2017, the price was 3.25 US $ per kg, followed by a decrease to 2.78 US $ per kg in 2018. In 2019, the price rose to 3.57 US $ per kg, before dropping to 3.23 US $ per kg in 2020. The price then decreased further to 3.00 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Olive Oil from Kenya in 2023 will be around 2.90 US $ per kg and in 2024 will be around 3.10 US $ per kg.The exports of olive oil from Kenya are classified as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
Kenya Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Kenya has been relatively stable over the past five years. In 2016, the price was 2.80 US dollars per kg, followed by 3.25 US dollars per kg in 2017. In 2018, the price dropped to 2.78 US dollars per kg, before increasing to 3.57 US dollars per kg in 2019. The price then decreased to 3.23 US dollars per kg in 2020, before dropping to 3.00 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Olive Oil into Kenya will be 2.90 US dollars per kg in 2023 and 3.10 US dollars per kg in 2024.Export values for Kenya olive oil
The total values in export for olive oil in Kenya were US$ 14, US$ 26, US$ 25 and US$ 50 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 olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Kenya olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 14 tonnes of olive oil. For the year 2019 alone, the market for Kenya olive oil (processed category) has increased, changing by 55.556 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 133.33 pc earning the exporter US$0.05m for the year 2019. Kenya's olive oil exports are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Kenya olive oil export values
In 2019, Kenya exported olive oil valued at 0.05m USD, an increment of 100.00% from 2018's total olive oil export of 0.025m USD. The annual increase in value of Kenya olive oil between 2017 to 2018 was -3.846%.
The yearly variation in the volume of Kenya's olive oil exports between 2017 and 2019 was 133.33 pc compared to a variation of 55.556% in the period between 2018 and 2019.
Kenya's portion of the world's total olive oil's exports in 2019 was less than 1%. The country holds position 98 in world exports of olive oil.
Export markets for Kenya olive oil ( in '000$ )
Kenya's best performing destinations for olive oil are Tanzania, DRC Congo, South Sudan, Uganda and Somalia.
Import/Export Trends
Kenya is a net exporter of olive oil. The annual growth of Kenya olive oil in value between 2015 to 2019 was 190%, per annum, while annual growth in quantity was %, per annum.
Kenya purchased 784 tonnes of olive oil in 2019.