What is the price of oil cake (press cake) per kilogram/pound in Senegal today?
The retail price range for Senegal oil cake (press cake) is between US$ 1.45 and US$ 3.38 per kilogram or between US$ 0.66 and US$ 1.53 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Senegal
The retail price range in CFA Franc BCEAO for oil cake (press cake) is between XOF 882.99 and XOF 2,060.30 per kilogram or between XOF 400.45 and XOF 934.38 per pound(lb) in Dakar and Touba.
Wholesale prices
In 2024, the approximate wholesale price range for Senegal oil cake (press cake) is between US$ 1.01 and US$ 2.37 per kilogram or between US$ 0.46 and US$ 1.07 per pound(lb).
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Senegal Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Senegal has seen a steady increase over the last five years. In 2017, the export price was 0.32 US $ per kg, and in 2021, it was 0.46 US $ per kg. This represents an increase of 43.75%. The highest export price was in 2020, when it was 0.52 US $ per kg. The lowest export price was in 2016, when it was 0.18 US $ per kg. Based on this trend, it is likely that the export price for 2023 and 2024 will be around 0.54 US $ per kg and 0.58 US $ per kg respectively.Senegal Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Senegal has seen a fluctuating trend over the last five years. In 2017, the price was 0.32 US $ per kg, which was the lowest in the five year period. This was followed by a slight increase in 2018 to 0.42 US $ per kg. In 2019, the price dropped to 0.35 US $ per kg, before rising again to 0.52 US $ per kg in 2020. The price then dropped slightly to 0.46 US $ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Oil cake (Press cake) into Senegal will be 0.48 US $ per kg in 2023 and 0.50 US $ per kg in 2024.Export values for Senegal oil cake (press cake)
The total values in export for oil cake (press cake) in Senegal were US$ 952, US$ 735, US$ 435 and US$ 603 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Senegal: 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 Africa: Algeria oil cake (press cake), Angola oil cake (press cake), Botswana oil cake (press cake), Burundi oil cake (press cake), Cameroon oil cake (press cake), Cape Verde oil cake (press cake), Central African Republic oil cake (press cake), Comoros oil cake (press cake), DRC Congo oil cake (press cake) & Benin oil cake (press cake).
Senegal oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Senegal exported 1,731 tonnes of oil cake (press cake). Through 2019 alone, the market for Senegal oil cake (press cake) (processed category) has gone up, with a change of 65.646 per cent compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports went down by -25 percent netting the country US$0.60m for the year 2019. Senegal's oil cake (press cake) exports are categorised as:
- 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 coconut or copra (HS code 230650)
- 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 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)
- 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 linseed (HS code 230620)
- 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 soya-bean oil (HS code 230400)
- 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 palm nuts or kernels (HS code 230660)
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Senegal oil cake (press cake) export values
In 2019, Senegal supplied oil cake (press cake) worth 0.60m USD, an increment of 37.93% from 2018's total oil cake (press cake) export of 0.435m USD. The annual growth in value of Senegal oil cake (press cake) between 2017 to 2018 was -40.816%.
The per year variation in the quantity of Senegal's oil cake (press cake) exports between 2017 and 2019 was -25% when compared to a variation of 65.646% in the growth rate between 2018 and 2019.
Export markets for Senegal oil cake (press cake) ( in '000$ )
Senegal bought 50,390 tonnes of oil cake (press cake) in 2019.