What is the price of olive oil per kilogram/pound in Rwanda today?
The retail price range for Rwanda olive oil is between US$ 0.72 and US$ 1.10 per kilogram or between US$ 0.33 and US$ 0.50 per pound(lb). Click here to see today's exact prices of olive oil in Rwanda
The retail price range in Rwanda Franc for olive oil is between RWF 808.57 and RWF 1,239.80 per kilogram or between RWF 366.70 and RWF 562.27 per pound(lb) in Kigali and Musanze.
Wholesale prices
In 2025, the approximate wholesale price range for Rwanda olive oil is between US$ 0.50 and US$ 0.77 per kilogram or between US$ 0.23 and US$ 0.35 per pound(lb).
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Rwanda Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Rwanda over the last five years has been quite volatile. In 2013, the price was 1.00 US $ per kg, but it dropped to 0.50 US $ per kg in 2014. In 2015, the price rose to 2.00 US $ per kg, but then decreased to 0.25 US $ per kg in 2017. In 2018, the price increased to 0.81 US $ per kg, and then rose again to 1.59 US $ per kg in 2019. The price then dropped to 0.96 US $ per kg in 2020, before increasing to 2.18 US $ per kg in 2021. Based on this data, it is likely that the export price per kilogram of Olive Oil from Rwanda will be around 2.18 US $ per kg in 2023 and 2024.The exports of olive oil from Rwanda are categorised as:
- 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)
- 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)
- 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)
Rwanda Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Rwanda over the last five years has been quite volatile. In 2013, the price was $1.00, which dropped to $0.50 in 2014. This was followed by a sharp increase to $2.00 in 2015. In 2017, the price dropped to $0.25, before increasing to $0.81 in 2018. The price then rose to $1.59 in 2019, before dropping to $0.96 in 2020. This year, 2021, the price has increased to $2.18. Based on this data, it is likely that the price of Olive Oil in Rwanda will remain relatively stable in the next two years. We predict that the price in 2023 will be around $1.90, and in 2024 it will be around $2.00.Export values for Rwanda olive oil
The total values in export for olive oil in Rwanda were US$ 256, US$ 16, US$ 2,160 and US$ 944 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Rwanda: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Rwanda olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Rwanda exported 592 tonnes of olive oil. For 2019 alone, the market for Rwanda olive oil (processed category) has gone down, with a change of -77.711 % compared to the year 2018. Between 2017 and 2019, olive oil's exports increased by 825 pc earning Rwanda US$0.94m for the year 2019. Rwanda's olive oil exports are classified as:
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
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Rwanda olive oil export values
In 2019, Rwanda exported olive oil with a value of 0.94m USD, a reduction of -56.48% from 2018's total olive oil export of 2.16m USD. The yearly reduction in value of Rwanda olive oil between 2017 to 2018 was 13400 pc.
The per year change in the amount of Rwanda's olive oil exports between 2017 and 2019 was 825 pc in comparison to a variation of -77.711% in the period between 2018 and 2019.
Export markets for Rwanda olive oil ( in '000$ )
Rwanda's leading destinations for olive oil are DRC Congo.
Rwanda procured 3,920 tonnes of olive oil in 2019.