What is the price of soyabean oil per kilogram/pound in Luxembourg today?
The retail price range for Luxembourg soyabean oil is between US$ 7.27 and US$ 12.11 per kilogram or between US$ 3.30 and US$ 5.49 per pound(lb). Click here to see today's exact prices of soyabean oil in Luxembourg
The retail price range in Euro for soyabean oil is between EUR 6.71 and EUR 11.19 per kilogram or between EUR 3.04 and EUR 5.07 per pound(lb) in Luxembourg and Esch-sur-Alzette.
Wholesale prices
In 2024, the approximate wholesale price range for Luxembourg soyabean oil is between US$ 5.09 and US$ 8.48 per kilogram or between US$ 2.31 and US$ 3.84 per pound(lb).
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Luxembourg soyabean oil - Production, Exports, Imports, Seasons and HS Codes
The amount of soyabean oil sold by Luxembourg in 2020 was 98 metric tons. In 2019 Luxembourg shipped 47 tonnes of soyabean oil. For 2019 alone, the market for Luxembourg soyabean oil (processed category) has gone down, with a change of -20.339 per cent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports reduced by -83.9 pc netting Luxembourg US$0.12m for the year 2019. Luxembourg's soyabean oil exports are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
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Luxembourg soyabean oil export values
In 2019, Luxembourg shipped soyabean oil costing 0.12m USD, an increase of 5.26% from 2018's total soyabean oil export of 0.114m USD. The yearly change in value of Luxembourg soyabean oil between 2017 to 2018 was -78.491 per cent.
The annual/yearly change in the amount of Luxembourg's soyabean oil exports between 2017 and 2019 was -83.9 per cent when compared to a variation of -20.339% in the growth rate between 2018 and 2019.
Luxembourg's portion of the world's total soyabean oil's exports in 2019 was less than 1%. The country holds number 46 in world exports of soyabean oil.
Export markets for Luxembourg soyabean oil ( in '000$ )
Luxembourg's leading export markets for soyabean oil are Belgium, Germany, France, United Kingdom (UK) and Spain.
Import/Export Trends
Luxembourg is a net importer of soyabean oil. The annual growth of Luxembourg soyabean oil in value between 2015 to 2019 was 19%, per year, while annual growth in quantity through the same period was 23%, per annum.
Luxembourg ordered 560 tonnes of soyabean oil in 2019.