What is the price of peanut (groundnut) oil per kilogram/pound in Eritrea today?
The retail price range for Eritrea peanut (groundnut) oil is between US$ 0.63 and US$ 1.19 per kilogram or between US$ 0.29 and US$ 0.54 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Eritrea
The retail price range in Nakfa for peanut (groundnut) oil is between ERN 9.44 and ERN 17.88 per kilogram or between ERN 4.28 and ERN 8.11 per pound(lb) in Asmara and Mitsiwa.
Wholesale prices
In 2024, the approximate wholesale price range for Eritrea peanut (groundnut) oil is between US$ 0.44 and US$ 0.83 per kilogram or between US$ 0.20 and US$ 0.38 per pound(lb).
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Eritrea Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price of Peanut (Groundnut) Oil from Eritrea has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.50 in 2019. In 2020, the price rose to $1.60, and in 2021 it further increased to $1.70. The export price per kilogram in 2022 is expected to be $1.80. Based on the current trend, it is likely that the export price per kilogram for 2023 and 2024 will be around $1.90 and $2.00 respectively.Eritrea Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price of Peanut (Groundnut) Oil into Eritrea has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The most recent data shows that the import price per kilogram of Peanut (Groundnut) Oil into Eritrea was $2.05 in 2022. This represents an increase of 40% from 2018 to 2022. Looking ahead, it is likely that the import price of Peanut (Groundnut) Oil into Eritrea will continue to increase in the coming years. Based on the data, it is predicted that the import price per kilogram of Peanut (Groundnut) Oil into Eritrea will be $2.20 in 2023 and $2.35 in 2024.Export values for Eritrea peanut (groundnut) oil
Prices of other produce in the Processed category in Eritrea: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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