Palm Oil Prices in Kenya
| Variety | Market level | Price (US$/kg) | Local (KES) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 158 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 0.97 | 135 | ▼ 9.4% | ▼ 9.4% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in Kenya available is US$ 0.97 per kg (135 KES), down 9.4% year-on-year.
Kenya exported 6,828 tonnes of palm oil in 2024, valued at US$6,648,009, ranking #18 among 65 global exporters and accounting for 0.1% of world exports. Export volumes declined by 10.9% year-on-year. The latest export price is US$0.9736 per kg. Kenya is a net exporter of palm oil.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - palm oil in Kenya
Kenya exported 6,828 tonnes of palm oil in 2024, valued at US$6,648,009, ranking #18 among 65 global exporters and accounting for 0.1% of world exports. Export volumes declined by 10.9% year-on-year. The latest export price is US$0.9736 per kg. Kenya is a net exporter of palm oil.
Exports UN Comtrade · 2024
In 2024, Kenya exported $6.6M (6.8 kt) of palm oil▼ 10.9% YoY. That ranks #18 worldwide (0.1% of global exports).
Export value by year (US$)
Export volume by year
Top palm oil exporters worldwide UN Comtrade · 2024
- #1 Malaysia $3.3B · 38.2%
- #2 Indonesia $2.72B · 31.4%
- #3 Thailand $737.8M · 8.5%
- #4 Guatemala $444.6M · 5.1%
- #5 Colombia $339.5M · 3.9%
Annual export data Kenya · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $6.6M | 6.8 kt | $0.97 |
| 2023 | $7.5M | 6.9 kt | $1.07 |
| 2022 | $14.5M | 9.1 kt | $1.6 |
| 2021 | $53.7M | 50 kt | $1.07 |
| 2020 | $88M | 127.6 kt | $0.69 |
HS Code
palm oil is traded under Harmonized System code 1511.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.