Palm Oil Prices in Sierra Leone
| Variety | Market level | Price (US$/kg) | Local (SLL) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 0.77 | 19,235 | ▼ 10.6% | ▼ 10.6% | FAOSTAT Producer Prices |
| - | Global benchmark | 1.14 | 28,498 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
As of June 2026, the palm oil price in Sierra Leone available is US$ 0.77 per kg (19,235 SLL), down 10.6% year-on-year.
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Palm Oil Price History & Trend
Monthly palm oil price, US$ per kg - the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Sierra Leone palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sierra Leone exported 8,870 tonnes of palm oil. For 2019 alone, the interest in Sierra Leone palm oil (processed category) has shrunk, with a change of -85.753 pc compared to the year 2018. Between 2017 and 2019, palm oil's exports went up by 448.55 percent earning the exporter US$5.83m for the year 2019. Sierra Leone's palm oil exports are classified as:
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Sierra Leone palm oil export values
In 2019, Sierra Leone supplied palm oil worth 5.83m USD, a contraction of -32.91% from 2018's total palm oil export of 8.69m USD. The annual reduction in value of Sierra Leone palm oil between 2017 to 2018 was 423.179 pc.
The annual variation in the quantity of Sierra Leone's palm oil exports between 2017 and 2019 was 448.55 percent in comparison to a variation of -85.753% in the period between 2018 and 2019.
Export markets for Sierra Leone palm oil ( in '000$ )
Sierra Leone's top export markets for palm oil are Senegal, Portugal, the Netherlands, United Kingdom (UK) and the Gambia.
Sierra Leone procured 23,221 tonnes of palm oil in 2019.
Production
The production of palm oil in Sierra Leone was 1,029,196 tonnes in 2019 and is projected to change by an average of 1.3%. The country had approximately 135,304.00 hectares under palm oil cultivation.