What is the price of peanut (groundnut) oil per kilogram/pound in Oman today?
The retail price range for Oman peanut (groundnut) oil is between US$ 5.81 and US$ 8.25 per kilogram or between US$ 2.63 and US$ 3.74 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Oman
The retail price range in Rial Omani for peanut (groundnut) oil is between OMR 2.24 and OMR 3.18 per kilogram or between OMR 1.01 and OMR 1.44 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman peanut (groundnut) oil is between US$ 4.07 and US$ 5.77 per kilogram or between US$ 1.84 and US$ 2.62 per pound(lb).
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Oman Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Oman has seen a significant decrease over the last five years. In 2017, the price was 2.18 US dollars per kg, which dropped to 1.19 US dollars per kg in 2018. This trend continued in 2019, with the price falling to 1.14 US dollars per kg. In 2020, the price dropped even further to 0.29 US dollars per kg, before increasing slightly to 0.97 US dollars per kg in 2021. Based on this data, it is likely that the export price per kilogram of Peanut (Groundnut) Oil from Oman will remain around 0.97 US dollars per kg in 2023 and 2024.The peanut (groundnut) oil exports from Oman are classified as:
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
- Crude groundnut oil (HS code 150810)
Oman Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnut) Oil into Oman has seen a significant decrease over the last five years. In 2017, the price was 2.18 US dollars per kg, which dropped to 1.19 US dollars per kg in 2018. This downward trend continued in 2019, when the price was 1.14 US dollars per kg. In 2020, the price dropped even further to 0.29 US dollars per kg, before increasing slightly to 0.97 US dollars per kg in 2021. Based on this data, it is likely that the price of Peanut (Groundnut) Oil into Oman will remain relatively stable in the next two years. We can predict that the price in 2023 will be around 0.90 US dollars per kg, and in 2024 it will be around 0.95 US dollars per kg.Export values for Oman peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Oman were US$ 967 and US$ 314 in US dollar thousand for the years 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 peanut (groundnut) oil in other countries across Middle East: Bahrain peanut (groundnut) oil, Cyprus peanut (groundnut) oil, Iraq peanut (groundnut) oil, Israel peanut (groundnut) oil, Jordan peanut (groundnut) oil, Kuwait peanut (groundnut) oil, Lebanon peanut (groundnut) oil, Palestine peanut (groundnut) oil, Oman peanut (groundnut) oil & Qatar peanut (groundnut) oil.
Oman peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman sold 0 tonnes of peanut (groundnut) oil. For the year 2019 alone, the interest in Oman peanut (groundnut) oil (processed category) has , changing by pc compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports decreased by -100 pc bringing Oman US$0.00m for the year 2019. Oman's peanut (groundnut) oil exports are classified as:
- Crude groundnut oil (HS code 150810)
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
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Oman peanut (groundnut) oil export values
In 2019, Oman supplied peanut (groundnut) oil valued at 0.00m USD, a reduction of -100.00% from 2018's total peanut (groundnut) oil export of 0.314m USD. The annual change in value of Oman peanut (groundnut) oil between 2017 to 2018 was -67.528 pc.
The yearly change in the volume of Oman's peanut (groundnut) oil exports between 2017 and 2019 was -100% between 2018 and 2019.
Export markets for Oman peanut (groundnut) oil ( in '000$ )
Oman's best performing destinations for peanut (groundnut) oil are Qatar, Yemen and United Arab Emirates (UAE).
Oman purchased 30 tonnes of peanut (groundnut) oil in 2019.