What is the price of palm oil per kilogram/pound in Serbia today?
The retail price range for Serbia palm oil is between US$ 3.06 and US$ 4.97 per kilogram or between US$ 1.39 and US$ 2.25 per pound(lb). Click here to see today's exact prices of palm oil in Serbia
The retail price range in Serbian Dinar for palm oil is between RSD 331.92 and RSD 539.37 per kilogram or between RSD 150.53 and RSD 244.61 per pound(lb) in Belgrade and Novi Sad.
Wholesale prices
In 2024, the approximate wholesale price range for Serbia palm oil is between US$ 2.14 and US$ 3.48 per kilogram or between US$ 0.97 and US$ 1.58 per pound(lb).
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Serbia palm oil - Production, Exports, Imports, Seasons and HS Codes
The volume of palm oil shipped by Serbia in 2020 was 92 tons. In 2019 Serbia shipped 205 tonnes of palm oil. In 2019 alone, the interest in Serbia palm oil (processed category) has shrunk, with a change of -2.844 pc compared to the year 2018. Between 2017 and 2019, palm oil's exports increased by 5.67% bringing Serbia US$0.20m for the year 2019. Serbia's palm oil exports are classified as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
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Serbia palm oil export values
In 2019, Serbia shipped palm oil worth 0.20m USD, a decrease of -21.57% from 2018's total palm oil export of 0.255m USD. The annual change in value of Serbia palm oil between 2017 to 2018 was 1.19 percent.
The annual/yearly change in the quantity of Serbia's palm oil exports between 2017 and 2019 was 5.67 pc when compared to a variation of -2.844% in the growth rate between 2018 and 2019.
Serbia's portion of the world's total palm oil's exports in 2019 was less than 1%. Serbia is ranked position 44 in world exports of palm oil.
Export markets for Serbia palm oil ( in '000$ )
Serbia's leading destinations for palm oil are Montenegro, Malaysia, the Netherlands, Germany and Hungary.
Serbia purchased 30,233 tonnes of palm oil in 2019.