What is the price of coconut oil per kilogram/pound in Oman today?
The retail price range for Oman coconut oil is between US$ 3.87 and US$ 8.73 per kilogram or between US$ 1.76 and US$ 3.96 per pound(lb). Click here to see today's exact prices of coconut oil in Oman
The retail price range in Rial Omani for coconut oil is between OMR 1.49 and OMR 3.36 per kilogram or between OMR 0.68 and OMR 1.52 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman coconut oil is between US$ 2.71 and US$ 6.11 per kilogram or between US$ 1.23 and US$ 2.77 per pound(lb).
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Oman Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from Oman over the last five years has been quite volatile. In 2013, the price was 0.64 US dollars per kg, which increased to 1.38 US dollars per kg in 2014. The price then rose to 1.75 US dollars per kg in 2015, before dropping to 1.47 US dollars per kg in 2016. In 2017, the price rose again to 2.19 US dollars per kg, before dropping to 1.37 US dollars per kg in 2018. The price then rose to 1.89 US dollars per kg in 2019, before dropping to 1.77 US dollars per kg in 2020. The price then dropped again to 1.26 US dollars per kg in 2021. Based on this data, it is likely that the export price per kilogram of Coconut oil from Oman will remain relatively stable in the next two years, with an estimated price of 1.30 US dollars per kg in 2023 and 1.35 US dollars per kg in 2024.The Oman coconut oil exports are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
Oman Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Oman has seen a fluctuating trend over the last five years. In 2017, the price was the highest at $2.19, followed by 2019 at $1.89. The lowest price was recorded in 2021 at $1.26. The average price for the last five years was $1.63. Looking ahead, we can predict that the import price per kilogram of Coconut oil into Oman in 2023 will be around $1.50 and in 2024 will be around $1.75.Export values for Oman coconut oil
The total values in export for coconut oil in Oman were US$ 28, US$ 419 and US$ 41 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Oman: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Middle East: Bahrain coconut oil, Cyprus coconut oil, Iraq coconut oil, Israel coconut oil, Jordan coconut oil, Kuwait coconut oil, Lebanon coconut oil, Palestine coconut oil, Oman coconut oil & Qatar coconut oil.
Oman coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman shipped small quantities of coconut oil. Through 2019 alone, the interest in Oman coconut oil (processed category) has , recording a change of pc compared to the year 2018. Between 2017 and 2019, coconut oil's exports went down by -100 percent bringing the country US$0.00m for the year 2019. Oman's coconut oil exports are categorised as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
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Oman coconut oil export values
In 2019, Oman supplied coconut oil valued at 0.00m USD, a decrease of -100.00% from 2018's total coconut oil export of 0.041m USD. The yearly reduction in value of Oman coconut oil between 2017 to 2018 was -90.215 per cent.
The annual change in the quantity of Oman's coconut oil exports between 2017 and 2019 was -100 percent between 2018 and 2019.
Oman's stake of the world's total coconut oil's exports in 2019 was less than 1%. Oman holds position 46 in world exports of coconut oil.
Export markets for Oman coconut oil ( in '000$ )
Oman's top destinations for coconut oil are Somalia, Yemen, United Arab Emirates (UAE), Saudi Arabia and Qatar.
Oman bought 910 tonnes of coconut oil in 2019.