What is the price of palm oil per kilogram/pound in Switzerland today?
The retail price range for Switzerland palm oil is between US$ 0.61 and US$ 0.73 per kilogram or between US$ 0.28 and US$ 0.33 per pound(lb). Click here to see today's exact prices of palm oil in Switzerland
The retail price range in WIR Franc for palm oil is between CHF 0.55 and CHF 0.66 per kilogram or between CHF 0.25 and CHF 0.30 per pound(lb) in Bern and Geneva.
Wholesale prices
In 2024, the approximate wholesale price range for Switzerland palm oil is between US$ 0.43 and US$ 0.51 per kilogram or between US$ 0.19 and US$ 0.23 per pound(lb).
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Switzerland Palm Oil Export Prices - Historical, Trends and Prediction
The export price of Palm Oil from Switzerland has seen a steady decline over the past five years. In 2011, the price per kilogram was 0.77 US dollars, and by 2016, it had dropped to 1.95 US dollars. In 2017, the price decreased further to 1.02 US dollars, and then rose to 2.24 US dollars in 2018. In 2019, the price dropped again to 1.02 US dollars, and then increased to 2.57 US dollars in 2020. The most recent data shows that the price per kilogram of Palm Oil from Switzerland is 1.55 US dollars. Based on this trend, it is predicted that the price of Palm Oil from Switzerland in 2023 will be around 1.45 US dollars, and in 2024, it will be around 3.50 US dollars.The exports of palm oil from Switzerland are categorised as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
Switzerland Palm Oil Import Prices - Historical, Trends and Prediction
Export values for Switzerland palm oil
The total values in export for palm oil in Switzerland were US$ 207, US$ 674, US$ 137 and US$ 122 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Switzerland: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Europe: Georgia palm oil, Albania palm oil, Belarus palm oil, Bosnia and Herzegovina palm oil, Bulgaria palm oil, Croatia palm oil, Czech Republic palm oil, Estonia palm oil, Greece palm oil & Hungary palm oil.
Switzerland palm oil - Production, Exports, Imports, Seasons and HS Codes
The volume of palm oil exported by Switzerland in 2020 was 46 metric tons. In 2019 Switzerland shipped 63 tonnes of palm oil. Across 2019 alone, the market for Switzerland palm oil (processed category) has gone down, changing by -44.248 pc compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -90.4 pc bringing the nation US$0.12m for the year 2019. Switzerland's palm oil exports are classified as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
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Switzerland palm oil export values
In 2019, Switzerland sold palm oil costing 0.12m USD, a drop of -12.41% from 2018's total palm oil export of 0.137m USD. The yearly reduction in value of Switzerland palm oil between 2017 to 2018 was -79.674 per cent.
The annual/yearly change in the quantity of Switzerland's palm oil exports between 2017 and 2019 was -90.4 pc when compared to a variation of -44.248% in the growth rate between 2018 and 2019.
Switzerland's stake of the world's total palm oil's exports in 2019 was less than 1%. The country holds number 49 in world exports of palm oil.
Export markets for Switzerland palm oil ( in '000$ )
Switzerland's best performing destinations for palm oil are South Korea, Austria, Italy, Slovenia and Hungary.
Switzerland brought in 23,999 tonnes of palm oil in 2019.