Palm Oil Prices in United Kingdom (UK)
| Variety | Market level | Price (US$/kg) | Price (US$/lb) | Local (GBP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 0.52 | 0.92 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 3.62 | 1.64 | 2.91 | ▲ 169.9% | ▲ 169.9% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in United Kingdom (UK) available is US$ 3.62 per kg (US$ 1.64 / lb) (2.91 GBP, 1.32 GBP / lb), up 169.9% year-on-year.
The United Kingdom exported 1,161 tonnes of palm oil in 2024, valued at US$1,559,618, ranking #22 out of 65 exporters and accounting for 0.0% of global exports. Exports increased by 24.9% year-over-year, and the UK is a net exporter of palm oil. The latest export unit value is US$3.6239 per kg.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ 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 United Kingdom (UK)
The United Kingdom exported 1,161 tonnes of palm oil in 2024, valued at US$1,559,618, ranking #22 out of 65 exporters and accounting for 0.0% of global exports. Exports increased by 24.9% year-over-year, and the UK is a net exporter of palm oil. The latest export unit value is US$3.6239 per kg.
Exports UN Comtrade · 2024
In 2024, United Kingdom (UK) exported $1.6M (1.2 kt) of palm oil▲ 24.9% YoY. That ranks #22 worldwide (0% of global exports).
Export value by year (US$)
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 $339.5M · 3.9%
Annual export data United Kingdom (UK) · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $1.6M | 1.2 kt | $1.34 |
| 2023 | $1.2M | 847.4 t | $1.47 |
| 2022 | $1.3M | 846.7 t | $1.52 |
| 2021 | $1.3M | - | - |
| 2020 | $15.9M | 17.8 kt | $0.89 |
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.