What is the price of oil cake (press cake) per kilogram/pound in Norway today?
The retail price range for Norway oil cake (press cake) is between US$ 0.95 and US$ 1.19 per kilogram or between US$ 0.43 and US$ 0.54 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Norway
The retail price range in Norwegian Krone for oil cake (press cake) is between NOK 10.45 and NOK 13.06 per kilogram or between NOK 4.74 and NOK 5.92 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway oil cake (press cake) is between US$ 0.67 and US$ 0.84 per kilogram or between US$ 0.30 and US$ 0.38 per pound(lb).
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Norway Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Norway over the last five years has been quite varied. In 2017, the price was 0.50 US $ per kg, followed by a decrease to 0.39 US $ per kg in 2018. In 2019, the price increased to 0.56 US $ per kg, before dropping to 0.49 US $ per kg in 2020. The price then increased again to 0.52 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Oil cake (Press cake) from Norway will remain at 0.52 US $ per kg in 2023 and 2024.Norway Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
Export values for Norway oil cake (press cake)
The total values in export for oil cake (press cake) in Norway were US$ 87,765, US$ 81,253, US$ 89,848 and US$ 68,996 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Norway: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oil cake (press cake) in other countries across Europe: Georgia oil cake (press cake), Albania oil cake (press cake), Belarus oil cake (press cake), Bosnia and Herzegovina oil cake (press cake), Bulgaria oil cake (press cake), Croatia oil cake (press cake), Czech Republic oil cake (press cake), Estonia oil cake (press cake), Greece oil cake (press cake) & Hungary oil cake (press cake).
Norway oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The amount of oil cake (press cake) sold by Norway in 2020 was 200,408 tons. In 2019 Norway exported 156,223 tonnes of oil cake (press cake). In 2019 alone, the market for Norway oil cake (press cake) (processed category) has gone down, with a change of -12.728 per cent compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports reduced by -12.64 pc netting the exporter US$69.00m for the year 2019. Norway's oil cake (press cake) exports are classified as:
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
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Norway oil cake (press cake) export values
In 2019, Norway supplied oil cake (press cake) costing 69.00m USD, a drop of -23.20% from 2018's total oil cake (press cake) export of 89.848m USD. The annual change in value of Norway oil cake (press cake) between 2017 to 2018 was 10.578 pc.
The per year variation in the amount of Norway's oil cake (press cake) exports between 2017 and 2019 was -12.64% when compared to a variation of -12.728% in the growth rate between 2018 and 2019.
Export markets for Norway oil cake (press cake) ( in '000$ )
Norway bought 239,392 tonnes of oil cake (press cake) in 2019.