Peanut (groundnut) Oil Prices in Canada
| Variety | Market level | Price (US$/kg) | Local (CAD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.84 | 2.48 | ▼ 3.7% | ▲ 8.9% | World Bank Pink Sheet |
| - | Export (unit value) estimated | 17.44 | 23.54 | ▲ 9.4% | ▲ 9.4% | UN Comtrade (unit value) |
As of June 2026, the peanut (groundnut) oil price in Canada available is US$ 1.84 per kg (2.48 CAD), up 8.9% year-on-year.
In 2024, Canada exported 1 tonne of peanut (groundnut) oil valued at US$11,556, ranking #27 out of 47 exporters and accounting for 0.0% of global exports. Export volume declined by 84.6% year-over-year. The latest benchmark price is US$1.8368 per kg. Canada is a net exporter of peanut oil.
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Peanut (groundnut) Oil Price History & Trend
Global benchmark (world reference) price for peanut (groundnut) oil, US$ per kg.
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Production, Exports, Imports & HS Codes - peanut (groundnut) oil in Canada
In 2024, Canada exported 1 tonne of peanut (groundnut) oil valued at US$11,556, ranking #27 out of 47 exporters and accounting for 0.0% of global exports. Export volume declined by 84.6% year-over-year. The latest benchmark price is US$1.8368 per kg. Canada is a net exporter of peanut oil.
Exports UN Comtrade · 2024
In 2024, Canada exported $11.6K (0.7 t) of peanut (groundnut) oil▼ 84.6% YoY. That ranks #27 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top peanut (groundnut) oil exporters worldwide UN Comtrade · 2024
- #1 India $339.1M · 63.3%
- #2 Brazil $88.7M · 16.6%
- #3 Nicaragua $29.1M · 5.4%
- #4 Netherlands $22.2M · 4.2%
- #5 Argentina $21.9M · 4.1%
Annual export data Canada · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $11.6K | 0.7 t | $15.94 |
| 2023 | $75.2K | 23.7 t | $3.17 |
| 2022 | $52.9K | 27.7 t | $1.91 |
| 2021 | $14.7K | 1 t | $14.81 |
HS Code
peanut (groundnut) oil is traded under Harmonized System code 1508.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.