What is the price of palm oil per kilogram/pound in Somalia today?
The retail price range for Somalia palm oil is between US$ 17.02 and US$ 28.67 per kilogram or between US$ 7.72 and US$ 13.00 per pound(lb). Click here to see today's exact prices of palm oil in Somalia
The retail price range in Somali Shilling for palm oil is between SOS 9,728.09 and SOS 16,381.21 per kilogram or between SOS 4,411.83 and SOS 7,429.12 per pound(lb) in Mogadishu and Kismayo.
Wholesale prices
In 2024, the approximate wholesale price range for Somalia palm oil is between US$ 11.92 and US$ 20.07 per kilogram or between US$ 5.40 and US$ 9.10 per pound(lb).
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Somalia Palm Oil Export Prices - Historical, Trends and Prediction
The export price of Palm Oil from Somalia has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The export price per kilogram of Palm Oil from Somalia reached its highest point in 2022, at $0.65. Looking ahead, it is likely that the export price of Palm Oil from Somalia will continue to increase in the coming years, with an estimated price of $0.70 in 2023 and $0.75 in 2024.Somalia Palm Oil Import Prices - Historical, Trends and Prediction
The import price of Palm Oil into Somalia has seen a steady increase over the past five years. In 2018, the price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price of Palm Oil into Somalia in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of Palm Oil into Somalia over the past five years. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the trend of increasing prices over the past five years, it is likely that the import price of Palm Oil into Somalia will continue to rise in the coming years.Export values for Somalia palm oil
Prices of other produce in the Processed category in Somalia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Africa: Algeria palm oil, Angola palm oil, Botswana palm oil, Burundi palm oil, Cameroon palm oil, Cape Verde palm oil, Central African Republic palm oil, Comoros palm oil, DRC Congo palm oil & Benin palm oil.
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