What is the price of olive oil per kilogram/pound in Pakistan today?
The retail price range for Pakistan olive oil is between US$ 0.71 and US$ 1.07 per kilogram or between US$ 0.32 and US$ 0.48 per pound(lb). Click here to see today's exact prices of olive oil in Pakistan
The retail price range in Pakistan Rupee for olive oil is between PKR 203.16 and PKR 304.74 per kilogram or between PKR 92.14 and PKR 138.21 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan olive oil is between US$ 0.50 and US$ 0.75 per kilogram or between US$ 0.23 and US$ 0.34 per pound(lb).
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Pakistan Olive Oil Export Prices - Historical, Trends and Prediction
The export price of Olive Oil from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Olive Oil from Pakistan in 2022 was $3.05. Looking ahead, it is likely that the export price of Olive Oil from Pakistan will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of Olive Oil from Pakistan in 2023 will be around $3.20, and in 2024 it will be around $3.35.The olive oil exports from Pakistan are classified as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
Pakistan Olive Oil Import Prices - Historical, Trends and Prediction
The import price of Olive Oil into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of Olive Oil into Pakistan was $3.05 in 2022. Overall, the import price of Olive Oil into Pakistan has increased by 24.49% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Olive Oil into Pakistan will be $3.20 in 2023 and $3.35 in 2024.Export values for Pakistan olive oil
The total values in export for olive oil in Pakistan were US$ 39, US$ 52, US$ 31 and US$ 112 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Pakistan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Asia: Kazakhstan olive oil, Kyrgyzstan olive oil, Tajikistan olive oil, Turkmenistan olive oil, Uzbekistan olive oil, China olive oil, Hong Kong olive oil, Macao olive oil, North Korea olive oil & Mongolia olive oil.
Pakistan olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan exported 49 tonnes of olive oil. For the year 2019 alone, the interest in Pakistan olive oil (processed category) has increased, recording a change of 345.455 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports increased by 276.92% earning Pakistan US$0.11m for the year 2019. Pakistan's olive oil exports are categorised as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Pakistan olive oil export values
In 2019, Pakistan supplied olive oil valued at 0.11m USD, an increment of 254.84% from 2018's total olive oil export of 0.031m USD. The yearly change in value of Pakistan olive oil between 2017 to 2018 was -40.385 pc.
The yearly change in the quantity of Pakistan's olive oil exports between 2017 and 2019 was 276.92 pc when compared to a variation of 345.455% in the growth rate between 2018 and 2019.
Pakistan's portion of the world's total olive oil's exports in 2019 was less than 1%. Pakistan holds position 19 in world exports of olive oil.
Export markets for Pakistan olive oil ( in '000$ )
Pakistan's top destinations for olive oil are US, France, United Arab Emirates (UAE), Mozambique and Sri Lanka.
Import/Export Trends
Pakistan is a net exporter of olive oil. The annual growth of Pakistan olive oil in value between 2015 to 2019 was 69%, per year, while annual growth in quantity for the same period was 67%, per annum.
Pakistan purchased 4,045 tonnes of olive oil in 2019.