What is the price of coconut oil per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) coconut oil is between US$ 10.67 and US$ 15.57 per kilogram or between US$ 4.84 and US$ 7.06 per pound(lb). Click here to see today's exact prices of coconut oil in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for coconut oil is between AED 39.17 and AED 57.20 per kilogram or between AED 17.76 and AED 25.94 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) coconut oil is between US$ 7.47 and US$ 10.90 per kilogram or between US$ 3.39 and US$ 4.94 per pound(lb).
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United Arab Emirates (UAE) Coconut Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconut oil from the United Arab Emirates (UAE) has seen a steady increase over the last five years. In 2017, the export price was 2.16 US $ per kg, and by 2021, it had risen to 3.29 US $ per kg. This represents an increase of 52.3% over the five-year period. Looking ahead, we can predict that the export price of Coconut oil from the UAE will continue to rise, reaching 3.62 US $ per kg in 2023 and 3.91 US $ per kg in 2024.The coconut oil exports from United Arab Emirates (UAE) are categorised as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
United Arab Emirates (UAE) Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into the United Arab Emirates (UAE) has seen a steady increase over the past five years. In 2016, the import price was 1.85 US $ per kg, and this increased to 2.33 US $ per kg in 2018. The highest import price was recorded in 2020, at 3.43 US $ per kg. This was followed by a slight decrease in 2021, to 3.29 US $ per kg. Based on this data, it is likely that the import price of Coconut oil into the UAE will continue to increase in the coming years. We can predict that the import price in 2023 will be around 3.60 US $ per kg, and in 2024 it will be around 3.80 US $ per kg.Export values for United Arab Emirates (UAE) coconut oil
The total values in export for coconut oil in United Arab Emirates (UAE) were US$ 599, US$ 843, US$ 1,220 and US$ 3,225 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of coconut oil in other countries across Middle East: Bahrain coconut oil, Cyprus coconut oil, Iraq coconut oil, Israel coconut oil, Jordan coconut oil, Kuwait coconut oil, Lebanon coconut oil, Palestine coconut oil, Oman coconut oil & Qatar coconut oil.
United Arab Emirates (UAE) coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) exported 1,039 tonnes of coconut oil. Across 2019 alone, the interest in United Arab Emirates (UAE) coconut oil (processed category) has increased, flactuating by 98.662 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports grew by 165.73% earning United Arab Emirates (UAE) US$3.22m for the year 2019. United Arab Emirates (UAE)'s coconut oil exports are categorised as:
- Crude coconut oil (HS code 151311)
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
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United Arab Emirates (UAE) coconut oil export values
In 2019, United Arab Emirates (UAE) supplied coconut oil with a value of 3.22m USD, an increase of 163.93% from 2018's total coconut oil export of 1.22m USD. The yearly change in value of United Arab Emirates (UAE) coconut oil between 2017 to 2018 was 44.721 percent.
The per year variation in the volume of United Arab Emirates (UAE)'s coconut oil exports between 2017 and 2019 was 165.73% in comparison to a variation of 98.662% in the period between 2018 and 2019.
United Arab Emirates (UAE)'s portion of the world's total coconut oil's exports in 2019 was less than 1%. United Arab Emirates (UAE) holds number 54 in world exports of coconut oil.
Export markets for United Arab Emirates (UAE) coconut oil ( in '000$ )
United Arab Emirates (UAE)'s top export markets for coconut oil are Oman, Saudi Arabia, Kuwait, Pakistan and Somalia.
Import/Export Trends
United Arab Emirates (UAE) is a net importer of coconut oil. The annual growth of United Arab Emirates (UAE) coconut oil in value between 2015 to 2019 was 5%, per annum, while annual growth in quantity was 64%, per annum.
United Arab Emirates (UAE) ordered 8,878 tonnes of coconut oil in 2019.