What is the price of peanut (groundnut) oil per kilogram/pound in Saudi Arabia today?
The retail price range for Saudi Arabia peanut (groundnut) oil is between US$ 2.45 and US$ 4.41 per kilogram or between US$ 1.11 and US$ 2.00 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Saudi Arabia
The retail price range in Saudi Riyal for peanut (groundnut) oil is between SAR 9.19 and SAR 16.54 per kilogram or between SAR 4.17 and SAR 7.50 per pound(lb) in Riyadh and Jeddah.
Wholesale prices
In 2025, the approximate wholesale price range for Saudi Arabia peanut (groundnut) oil is between US$ 1.71 and US$ 3.09 per kilogram or between US$ 0.78 and US$ 1.40 per pound(lb).
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Saudi Arabia Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
In 2020, the export price of Peanut (Groundnut) Oil from Saudi Arabia was US$ 0.00 per Kg. In 2019, the export price was US$ 0.13 per Kg, in 2018 it was US$ 0.01 per Kg, in 2017 it was US$ 0.01 per Kg, and in 2016 it was US$ 0.00 per Kg. For 2023, the predicted export price of Peanut (Groundnut) Oil from Saudi Arabia is US$ 0.00 per Kg.The exports of peanut (groundnut) oil from Saudi Arabia are categorised as:
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
- Crude groundnut oil (HS code 150810)
Saudi Arabia Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnut) Oil into Saudi Arabia has seen a significant fluctuation over the last five years. In 2012, the price was 1.62 US dollars per kg, which dropped to 1.42 US dollars per kg in 2013. However, in 2014, the price skyrocketed to 20.00 US dollars per kg, before dropping back to 1.88 US dollars per kg in 2015. The price then rose to 4.00 US dollars per kg in 2017, before dropping to 3.25 US dollars per kg in 2018. The most recent data shows that the price has dropped to 0.75 US dollars per kg in 2019. Based on the data, it is difficult to predict the prices for 2023 and 2024. However, it is likely that the prices will remain relatively stable in the near future, as the last five years have seen a significant fluctuation in the import price per kilogram of Peanut (Groundnut) Oil into Saudi Arabia.Export values for Saudi Arabia peanut (groundnut) oil
The total values in export for peanut (groundnut) oil in Saudi Arabia were US$ 49, US$ 4, US$ 13 and US$ 56 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Saudi Arabia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of peanut (groundnut) oil in other countries across Middle East: Bahrain peanut (groundnut) oil, Cyprus peanut (groundnut) oil, Iraq peanut (groundnut) oil, Israel peanut (groundnut) oil, Jordan peanut (groundnut) oil, Kuwait peanut (groundnut) oil, Lebanon peanut (groundnut) oil, Palestine peanut (groundnut) oil, Oman peanut (groundnut) oil & Qatar peanut (groundnut) oil.
Saudi Arabia peanut (groundnut) oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Saudi Arabia exported 75 tonnes of peanut (groundnut) oil. Across 2019 alone, the market for Saudi Arabia peanut (groundnut) oil (processed category) has escalated, recording a change of 1775 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnut) oil's exports went up by 7400 pc earning Saudi Arabia US$0.06m for the year 2019. Saudi Arabia's peanut (groundnut) oil exports are categorised as:
- Crude groundnut oil (HS code 150810)
- Groundnut oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150890)
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Saudi Arabia peanut (groundnut) oil export values
In 2019, Saudi Arabia supplied peanut (groundnut) oil worth 0.06m USD, an improvement of 361.54% from 2018's total peanut (groundnut) oil export of 0.013m USD. The yearly increase in value of Saudi Arabia peanut (groundnut) oil between 2017 to 2018 was 225 per cent.
The annual variation in the amount of Saudi Arabia's peanut (groundnut) oil exports between 2017 and 2019 was 7400 percent when compared to a variation of 1775% in the growth rate between 2018 and 2019.
Export markets for Saudi Arabia peanut (groundnut) oil ( in '000$ )
Saudi Arabia's top export markets for peanut (groundnut) oil are Jordan, Oman, Lebanon and Bahrain.
Saudi Arabia purchased 3 tonnes of peanut (groundnut) oil in 2019.