What is the price of palm oil per kilogram/pound in Niger today?
The retail price range for Niger palm oil is between US$ 4.83 and US$ 8.70 per kilogram or between US$ 2.19 and US$ 3.95 per pound(lb). Click here to see today's exact prices of palm oil in Niger
The retail price range in West African CFA franc for palm oil is between XOF 2,947.87 and XOF 5,306.16 per kilogram or between XOF 1,336.90 and XOF 2,406.42 per pound(lb) in Niamey and Zinder.
Wholesale prices
In 2026, the approximate wholesale price range for Niger palm oil is between US$ 3.38 and US$ 6.09 per kilogram or between US$ 1.53 and US$ 2.76 per pound(lb).
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Niger Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Niger over the last five years has been quite varied. In 2017, the price was 0.33 US $ per kg, the lowest of the five years. This was followed by a sharp increase in 2018 to 1.15 US $ per kg. The price then dropped again in 2019 to 1.18 US $ per kg before rising to 3.01 US $ per kg in 2020. The price then dropped again in 2021 to 1.11 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Palm Oil from Niger in 2023 will be 1.17 US $ per kg and in 2024 will be 1.12 US $ per kg.The Niger 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 oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
Niger Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Niger over the last five years has been quite varied. In 2017, the price was at its lowest at 0.33 US $ per kg, before rising to 1.91 US $ per kg in 2016. This was followed by a decrease to 0.85 US $ per kg in 2015. In 2014, the price was 1.08 US $ per kg, and in 2013, it was 1.29 US $ per kg. The highest price was recorded in 2019, at 3.01 US $ per kg. The price then dropped to 1.18 US $ per kg in 2020, before settling at 1.11 US $ per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Palm Oil into Niger in 2023 will be 1.20 US $ per kg, and in 2024, it will be 1.25 US $ per kg.Export values for Niger palm oil
The total values in export for palm oil in Niger were US$ 323, US$ 1, US$ 413 and US$ 55,274 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Niger: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Africa: Algeria palm oil, Angola palm oil, Botswana palm oil, Burundi palm oil, Cameroon palm oil, Cape Verde palm oil, Central African Republic palm oil, Comoros palm oil, DRC Congo palm oil & Benin palm oil.
Niger palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Niger sold 18,344 tonnes of palm oil. For 2019 alone, the demand for Niger palm oil (processed category) has increased, with a change of 5009.749 percent compared to the year 2018. Between 2017 and 2019, palm oil's exports went up by 611366.67 percent netting the country US$55.27m for the year 2019. Niger's palm oil exports are categorised as:
- Crude palm oil (HS code 151110)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
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Niger palm oil export values
In 2019, Niger exported palm oil costing 55.27m USD, an increase of 13,282.57% from 2018's total palm oil export of 0.413m USD. The annual change in value of Niger palm oil between 2017 to 2018 was 41200 per cent.
The annual variation in the volume of Niger's palm oil exports between 2017 and 2019 was 611366.67% when compared to a variation of 5009.749% in the growth rate between 2018 and 2019.
Export markets for Niger palm oil ( in '000$ )
Niger's top destinations for palm oil are Turkey, India, Thailand, Singapore and Malaysia.
Niger procured 168,674 tonnes of palm oil in 2019.