What is the price of sesame oil per kilogram/pound in Singapore today?
The retail price range for Singapore sesame oil is between US$ 5.54 and US$ 8.55 per kilogram or between US$ 2.51 and US$ 3.88 per pound(lb). Click here to see today's exact prices of sesame oil in Singapore
The retail price range in Singapore Dollar for sesame oil is between SGD 7.45 and SGD 11.50 per kilogram or between SGD 3.38 and SGD 5.21 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore sesame oil is between US$ 3.88 and US$ 5.99 per kilogram or between US$ 1.76 and US$ 2.71 per pound(lb).
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Singapore Sesame Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sesame oil from Singapore has seen a steady increase over the last five years. In 2016, the price was 4.62 US $ per kg, and in 2021, it was 5.39 US $ per kg. This represents an increase of 16.7% over the five-year period. The highest price was in 2019, when it reached 5.22 US $ per kg. The lowest price was in 2015, when it was 3.91 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Sesame oil from Singapore will be 5.54 US $ per kg in 2023 and 5.69 US $ per kg in 2024.The Singapore sesame oil exports are categorised as:
- Sesame oil and its fractions, whether or not refined, but not chemically modified (HS code 151550)
Singapore Sesame Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sesame oil into Singapore has seen a steady increase over the last five years. In 2016, the price was 4.62 US dollars per kg, and this increased to 5.28 US dollars per kg in 2020. This represents an increase of 14.3% over the five year period. The highest price was recorded in 2021, at 5.39 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Sesame oil into Singapore will continue to increase in the coming years. We can predict that the price in 2023 will be around 5.54 US dollars per kg, and in 2024 it will be around 5.70 US dollars per kg.Export values for Singapore sesame oil
The total values in export for sesame oil in Singapore were US$ 18,210, US$ 16,529, US$ 17,139 and US$ 17,163 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of sesame oil in other countries across Asia: Kazakhstan sesame oil, Kyrgyzstan sesame oil, Tajikistan sesame oil, Turkmenistan sesame oil, Uzbekistan sesame oil, China sesame oil, Hong Kong sesame oil, Macao sesame oil, North Korea sesame oil & Mongolia sesame oil.
Singapore sesame oil - Production, Exports, Imports, Seasons and HS Codes
The volume of sesame oil sold by Singapore in 2020 was 3,354 metric tonnes. In 2019 Singapore exported 3,285 tonnes of sesame oil. Through 2019 alone, the market for Singapore sesame oil (processed category) has shrunk, with a change of -10 per cent compared to the year 2018. Between 2017 and 2019, sesame oil's exports reduced by -11.43 pc netting the exporter US$17.16m for the year 2019. Singapore's sesame oil exports are categorised as:
- Sesame oil and its fractions, whether or not refined, but not chemically modified (HS code 151550)
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Singapore sesame oil export values
In 2019, Singapore exported sesame oil valued at 17.16m USD, an increment of 0.12% from 2018's total sesame oil export of 17.139m USD. The yearly change in value of Singapore sesame oil between 2017 to 2018 was 3.69 pc.
The annual change in the volume of Singapore's sesame oil exports between 2017 and 2019 was -11.43% when compared to a variation of -10% in the growth rate between 2018 and 2019.
Export markets for Singapore sesame oil ( in '000$ )
Singapore's leading export markets for sesame oil are Indonesia, Australia, Thailand, the Netherlands and United Kingdom (UK).
Singapore bought 2,762 tonnes of sesame oil in 2019.