What is the price of lard oil per kilogram/pound in South Africa today?
The retail price range for South Africa lard oil is between US$ 0.97 and US$ 0.97 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of lard oil in South Africa
The retail price range in Rand for lard oil is between ZAR 18.94 and ZAR 18.94 per kilogram or between ZAR 8.59 and ZAR 8.59 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa lard oil is between US$ 0.68 and US$ 0.68 per kilogram or between US$ 0.31 and US$ 0.31 per pound(lb).
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South Africa Lard Oil Export Prices - Historical, Trends and Prediction
In 2015, the export price of Lard Oil from South Africa was US$ 0.66 per Kg. In 2016, the export price was US$ 0.80per Kg. In 2017, the export price was US$ 0.66per Kg. In 2018, the export price was US$ 1.00 per Kg. In 2019, the export price was US$ 1.23 per Kg. In 2020, the export price was US$ 1.09 per Kg. For 2023, the predicted export price of Lard Oil from South Africa is US$ 1.10per Kg.
The lard oil exports from South Africa are classified as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
South Africa Lard Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lard Oil into South Africa has seen a steady decline over the past five years. In 2011, the price was 1.21 US dollars per kg, dropping to 1.07 US dollars per kg in 2012. This trend continued in 2013, with the price falling to 0.93 US dollars per kg. In 2014, the price dropped further to 0.90 US dollars per kg, and in 2015, it decreased to 0.82 US dollars per kg. The lowest price in the past five years was recorded in 2016, when the import price per kg of Lard Oil was 0.66 US dollars. In 2017, the price rose slightly to 0.80 US dollars per kg, before dropping back to 0.66 US dollars per kg in 2018. The latest data shows that the import price per kg of Lard Oil into South Africa has increased to 1.23 US dollars in 2020, and 1.09 US dollars in 2021. Based on the data, it is likely that the import price per kg of Lard Oil into South Africa will remain relatively stable in the next two years. We can predict that the import price per kg of Lard Oil into South Africa in 2023 will be around 1.09 US dollars, and in 2024, it will be around 1.23 US dollars.Export values for South Africa lard oil
The total values in export for lard oil in South Africa were US$ 276, US$ 549, US$ 21 and US$ 1 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lard oil in other countries across Africa: Algeria lard oil, Angola lard oil, Botswana lard oil, Burundi lard oil, Cameroon lard oil, Cape Verde lard oil, Central African Republic lard oil, Comoros lard oil, DRC Congo lard oil & Benin lard oil.
South Africa lard oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 82,047 tonnes of lard oil. Through 2019 alone, the interest in South Africa lard oil (processed category) has reduced, flactuating by -2.23 per cent compared to the year 2018. Between 2017 and 2019, lard oil's exports reduced by -12.02 pc netting the exporter US$0.00m for the year 2019. South Africa's lard oil exports are categorised as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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South Africa lard oil export values
In 2019, South Africa shipped lard oil costing 0.00m USD, a contraction of -100.00% from 2018's total lard oil export of 0.021m USD. The annual change in value of South Africa lard oil between 2017 to 2018 was -96.175%.
The per year change in the volume of South Africa's lard oil exports between 2017 and 2019 was -12.02 per cent compared to a variation of -2.23% in the period between 2018 and 2019.
South Africa's share of the world's total lard oil's exports in 2019 was 3.7 per cent. South Africa holds position 9 in world exports of lard oil.
Export markets for South Africa lard oil ( in '000$ )
South Africa's top destinations for lard oil are Namibia, Mozambique, Lesotho, DRC Congo and Botswana.
Import/Export Trends
South Africa is a net exporter of lard oil. The annual growth of South Africa lard oil in value between 2015 to 2019 was 6%, per year, while annual growth in quantity during the same period was 6%, per annum.
South Africa purchased 1 tonnes of lard oil in 2019.