Ecuador Palm Oil Prices
Export market prices for Ecuador palm oil
Market prices for Ecuador palm oil have varied across the years. Prior to 2019, one kilogram of palm oil was going for US$0.77 in 2017 and US$0.70 in 2018. In 2019 the export price changed to $0.68 per kilo, by -2.963%.
High return markets in 2019 for Ecuador palm oil per kg were fetched from exports to South Korea, Canada, Bolivia, Haiti and Uruguay. The exports of palm oil from Ecuador are classified as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
Export values for Ecuador palm oil
The total values in export for palm oil in Ecuador were US$ 513,812, US$ 472,300, US$ 432,560 and US$ 268,404 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Producer prices
The producer prices of palm oil have changed across major palm oil production regions in Ecuador. 1 kilogram of Ecuador Palm Oil is around $0.47 in Quito and Guayaquil, packed and ready for shipment. The price in USD currency is 0.47.
The prices of palm oil in Ecuador per tonne for the years 2016, 2017, 2018 and 2019 were US$ 766.04, US$ 774.01, US$ 700.56 and US$ 679.81 in that order.
The total values in export for palm oil in Ecuador were US$ 513,812, US$ 472,300, US$ 432,560 and US$ 268,404 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Ecuador palm oil wholesale price
In 2023, the approximate price range for Ecuador Palm Oil is between US$ 0.68 and US$ 0.7 per kilogram or between US$ 0.31 and US$ 0.32 per pound(lb).
The price in US Dollar is USD 0.68 per kg. The average price for a tonne is US$ 679.81 in Guayaquil and Quito.
Ecuador's import price for palm oil in 2019 was US$0.68 per kilogram.