What is the price of palm oil per kilogram/pound in Mozambique today?
The retail price range for Mozambique palm oil is between US$ 0.96 and US$ 0.96 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of palm oil in Mozambique
The retail price range in Mozambique Metical for palm oil is between MZN 61.31 and MZN 61.31 per kilogram or between MZN 27.80 and MZN 27.80 per pound(lb) in Maputo and Beira.
Wholesale prices
In 2024, the approximate wholesale price range for Mozambique palm oil is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.30 and US$ 0.30 per pound(lb).
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Mozambique Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Mozambique over the last five years has been quite varied. In 2016, the price was 1.32 US dollars per kg, followed by a sharp drop to 0.00 US dollars per kg in 2017. In 2018, the price rose to 11.40 US dollars per kg, before dropping to 7.83 US dollars per kg in 2019. In 2020, the price rose again to 10.30 US dollars per kg, and in 2021 it was 8.80 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Palm Oil from Mozambique in 2023 will be around 9.50 US dollars per kg, and in 2024 it will be around 8.90 US dollars per kg.Mozambique Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Mozambique has seen a significant fluctuation over the last five years. In 2012, the price was 3.47 US dollars per kg, which dropped to 0.74 US dollars per kg in 2013. The price then increased to 0.90 US dollars per kg in 2014 and 1.05 US dollars per kg in 2015. In 2016, the price rose to 1.32 US dollars per kg, before dropping to 0 in 2017. In 2018, the price surged to 11.40 US dollars per kg, before dropping to 7.83 US dollars per kg in 2019. The price then increased to 10.30 US dollars per kg in 2020 and 8.80 US dollars per kg in 2021. Based on this trend, it is likely that the price of Palm Oil in Mozambique will be around 9.50 US dollars per kg in 2023 and 10.00 US dollars per kg in 2024.Export values for Mozambique palm oil
The total values in export for palm oil in Mozambique were US$ 29, US$ 6,258, US$ 821 and US$ 2,710 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Mozambique: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Africa: Algeria palm oil, Angola palm oil, Botswana palm oil, Burundi palm oil, Cameroon palm oil, Cape Verde palm oil, Central African Republic palm oil, Comoros palm oil, DRC Congo palm oil & Benin palm oil.
Mozambique palm oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of palm oil exported by Mozambique in 2020 was 278 metric tonnes. In 2019 Mozambique sold 346 tonnes of palm oil. In 2019 alone, the market for Mozambique palm oil (processed category) has climbed, with a change of 380.556 percent compared to the year 2018. Between 2017 and 2019, palm oil's exports decreased by -100 pc bringing the country US$2.71m for the year 2019. Mozambique's palm oil exports are categorised as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
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Mozambique palm oil export values
In 2019, Mozambique supplied palm oil costing 2.71m USD, an improvement of 230.09% from 2018's total palm oil export of 0.821m USD. The yearly change in value of Mozambique palm oil between 2017 to 2018 was -86.881 per cent.
The yearly variation in the amount of Mozambique's palm oil exports between 2017 and 2019 was -100 percent compared to a variation of 380.556% in the period between 2018 and 2019.
Mozambique's stake of the world's total palm oil's exports in 2019 was less than 1%. Mozambique holds number 12 in world exports of palm oil.
Export markets for Mozambique palm oil ( in '000$ )
Import/Export Trends
Mozambique is a net exporter of palm oil. The annual growth of Mozambique palm oil in value between 2015 to 2019 was -2%, per annum, while annual growth in quantity was 40%, per annum.
Mozambique imported 247,120 tonnes of palm oil in 2019.