Soyabean Oil Prices in United Kingdom (UK)
| Variety | Market level | Price (US$/kg) | Price (US$/lb) | Local (GBP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|---|
| - | Global benchmark | 1.78 | 0.81 | 1.43 | ▲ 8.0% | ▲ 52.6% | World Bank Pink Sheet |
| - | Export (unit value) | 1.21 | 0.55 | 0.97 | ▲ 11.2% | n/a | UN Comtrade (unit value) |
As of June 2026, the soyabean oil price in United Kingdom (UK) available is US$ 1.21 per kg (US$ 0.55 / lb) (0.97 GBP, 0.44 GBP / lb).
The United Kingdom exported US$19,201,796 of soyabean oil in 2024, ranking #24 out of 72 exporters and accounting for 0.2% of global exports. Exports declined by 20.4% year-on-year. The UK is a net exporter of soyabean oil. The latest export unit value is US$1.21 per kg.
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Soyabean Oil Price History & Trend
Global benchmark (world reference) price for soyabean oil, US$ per kg.
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Production, Exports, Imports & HS Codes - soyabean oil in United Kingdom (UK)
The United Kingdom exported US$19,201,796 of soyabean oil in 2024, ranking #24 out of 72 exporters and accounting for 0.2% of global exports. Exports declined by 20.4% year-on-year. The UK is a net exporter of soyabean oil. The latest export unit value is US$1.21 per kg.
Exports UN Comtrade · 2024
In 2024, United Kingdom (UK) exported $19.2M of soyabean oil▼ 20.4% YoY. That ranks #24 worldwide (0.2% of global exports).
Export value by year (US$)
Export volume by year
Top soyabean oil exporters worldwide UN Comtrade · 2024
- #1 Argentina $4.64B · 51.5%
- #2 Brazil $1.15B · 12.7%
- #3 Paraguay $409.2M · 4.5%
- #4 Turkey $348.5M · 3.9%
- #5 US $310.7M · 3.5%
Annual export data United Kingdom (UK) · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $19.2M | - | - |
| 2023 | $24.1M | 22.2 kt | $1.09 |
| 2022 | $22M | 13.6 kt | $1.61 |
| 2021 | $14.1M | 13.1 kt | $1.07 |
| 2020 | $10.9M | - | - |
HS Code
soyabean oil is traded under Harmonized System code 1507.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.