What is the price of palm oil per kilogram/pound in Liberia today?
The retail price range for Liberia palm oil is between US$ 0.96 and US$ 1.92 per kilogram or between US$ 0.44 and US$ 0.87 per pound(lb). Click here to see today's exact prices of palm oil in Liberia
The retail price range in Liberian Dollar for palm oil is between LRD 159.87 and LRD 319.73 per kilogram or between LRD 72.50 and LRD 145.00 per pound(lb) in Monrovia and Gbarnga.
Wholesale prices
In 2025, the approximate wholesale price range for Liberia palm oil is between US$ 0.67 and US$ 1.35 per kilogram or between US$ 0.31 and US$ 0.61 per pound(lb).
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Liberia Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Liberia over the last five years has seen a significant fluctuation. In 2017, the price was 0.93 US dollars per kg, which increased to 3.35 US dollars per kg in 2018. However, in 2019, the price dropped to 2.79 US dollars per kg. This was followed by a further decrease to 2.14 US dollars per kg in 2020. In 2021, the price rose again to 2.39 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Palm Oil from Liberia in 2023 will be around 2.50 US dollars per kg and in 2024 will be around 2.60 US dollars per kg.Liberia Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Liberia over the last five years has been quite volatile. In 2017, the price was 0.93 US dollars per kg, which then rose to 3.35 US dollars per kg in 2018. However, the price dropped to 2.79 US dollars per kg in 2019 and further decreased to 2.14 US dollars per kg in 2020. This year, 2021, the price has increased slightly to 2.39 US dollars per kg. Based on this data, it is predicted that the import price per kilogram of Palm Oil into Liberia will remain relatively stable in the next two years. In 2023, the price is expected to be around 2.39 US dollars per kg, and in 2024, the price is expected to be around 2.45 US dollars per kg.Export values for Liberia palm oil
The total values in export for palm oil in Liberia were US$ 6,865, US$ 9,668 and US$ 16,074 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Liberia: 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.
Liberia palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Liberia shipped 32,157 tonnes of palm oil. Through 2019 alone, the demand for Liberia palm oil (processed category) has escalated, recording a change of 122.048 per cent compared to the year 2018. Between 2017 and 2019, palm oil's exports went up by 335.2 pc earning the country US$16.07m for the year 2019. Liberia's palm oil exports are classified as:
- Crude palm oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Liberia palm oil export values
In 2019, Liberia shipped palm oil costing 16.07m USD, a growth of 66.22% from 2018's total palm oil export of 9.668m USD. The annual change in value of Liberia palm oil between 2017 to 2018 was 40.83%.
The yearly change in the volume of Liberia's palm oil exports between 2017 and 2019 was 335.2 pc compared to a variation of 122.048% in the period between 2018 and 2019.
Export markets for Liberia palm oil ( in '000$ )
Liberia procured 39,200 tonnes of palm oil in 2019.
Production
The production of palm oil in Liberia was 704,476 tonnes in 2019 and is projected to change by an average of 0.07%. The country had approximately 70,852.00 hectares under palm oil cultivation.