What is the price of peanut (groundnut) oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam peanut (groundnut) oil is between US$ 3.33 and US$ 4.29 per kilogram or between US$ 1.51 and US$ 1.94 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Vietnam
The retail price range in Dong for peanut (groundnut) oil is between VND 83,361.25 and VND 107,178.75 per kilogram or between VND 37,805.56 and VND 48,607.14 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam peanut (groundnut) oil is between US$ 2.33 and US$ 3.00 per kilogram or between US$ 1.06 and US$ 1.36 per pound(lb).
Related: Kenya Peanut (Groundnut) Oil prices, South Africa Peanut (Groundnut) Oil prices, Malaysia Peanut (Groundnut) Oil prices, Philippines Peanut (Groundnut) Oil prices, India Peanut (Groundnut) Oil prices, United Arab Emirates (UAE) Peanut (Groundnut) Oil prices, Canada Peanut (Groundnut) Oil prices, US Peanut (Groundnut) Oil prices, Australia Peanut (Groundnut) Oil prices, New Zealand Peanut (Groundnut) Oil prices, Germany Peanut (Groundnut) Oil prices, Netherlands Peanut (Groundnut) Oil prices, Spain Peanut (Groundnut) Oil prices, United Kingdom (UK) Peanut (Groundnut) Oil prices,
Price Finder Tool
Search for prices of Vietnam peanut (groundnut) oil and other products in different countries.
Vietnam Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Vietnam has seen a steady decline over the last five years. In 2013, the price was 2.92 US dollars per kg, which dropped to 2.60 US dollars per kg in 2014. In 2015, the price dropped to its lowest point of 1.00 US dollar per kg, before increasing to 2.00 US dollars per kg in 2016. The price then rose to 2.24 US dollars per kg in 2017, before dropping to 2.05 US dollars per kg in 2018. The most recent year, 2019, saw the price drop to 1.64 US dollars per kg. In 2020, the price rose again to 2.26 US dollars per kg. Based on this data, it is likely that the export price per kilogram of Peanut (Groundnut) Oil from Vietnam will remain around the 2.00 US dollar mark in the next few years, with a slight increase to 2.30 US dollars per kg in 2023 and a slight decrease to 2.20 US dollars per kg in 2024.Vietnam Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnut) Oil into Vietnam has seen a fluctuating trend over the last five years. In 2013, the price was 2.92 US dollars per kg, which dropped to 2.60 US dollars per kg in 2014. This was followed by a significant decrease in 2015, when the price dropped to 1.00 US dollar per kg. In 2016, the price rose to 2.00 US dollars per kg, before increasing further to 2.24 US dollars per kg in 2017. The price then dropped to 2.05 US dollars per kg in 2018, before reaching its lowest point of 1.64 US dollars per kg in 2019. The price then rose again to 2.26 US dollars per kg in 2020. Based on this trend, it is predicted that the import price per kilogram of Peanut (Groundnut) Oil into Vietnam will be 2.45 US dollars per kg in 2023 and 2.64 US dollars per kg in 2024.Export values for Vietnam peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Vietnam were US$ 36, US$ 123, US$ 43 and US$ 69 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of peanut (groundnut) oil in other countries across Asia: Kazakhstan peanut (groundnut) oil, Kyrgyzstan peanut (groundnut) oil, Tajikistan peanut (groundnut) oil, Turkmenistan peanut (groundnut) oil, Uzbekistan peanut (groundnut) oil, China peanut (groundnut) oil, Hong Kong peanut (groundnut) oil, Macao peanut (groundnut) oil, North Korea peanut (groundnut) oil & Mongolia peanut (groundnut) oil.
Vietnam peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 42 tonnes of peanut (groundnut) oil. In 2019 alone, the market for Vietnam peanut (groundnut) oil (processed category) has escalated, recording a change of 100 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports reduced by -23.64 percent earning the country US$0.07m for the year 2019. Vietnam's peanut (groundnut) oil exports are categorised as:
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
- Crude groundnut oil (HS code 150810)
Are you a producer of peanut (groundnut) oil or other products?
Sign up today for FREE to buy or sell peanut (groundnut) oil.
Vietnam peanut (groundnut) oil export values
In 2019, Vietnam supplied peanut (groundnut) oil valued at 0.07m USD, an improvement of 62.79% from 2018's total peanut (groundnut) oil export of 0.043m USD. The annual increase in value of Vietnam peanut (groundnut) oil between 2017 to 2018 was -65.041%.
The annual/yearly change in the amount of Vietnam's peanut (groundnut) oil exports between 2017 and 2019 was -23.64 percent compared to a variation of 100% in the period between 2018 and 2019.
Export markets for Vietnam peanut (groundnut) oil ( in '000$ )
Vietnam procured 275 tonnes of peanut (groundnut) oil in 2019.