Export market prices for Gabon palm oil

Market prices for Gabon palm oil have varied across the years. Before 2019, a kg of palm oil was going for US$0.85 in 2017 and US$0.65 in 2018. In 2019 the export price changed to $0.46 per kilo, by -29.145%.

High return markets in 2019 for Gabon palm oil per kilo were from exports to France, Ivory Coast (Côte d'Ivoire

), Italy, Cameroon and Belgium. The palm oil exports from Gabon are categorised as:

  • 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)
  • Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)

Export values for Gabon palm oil

The total values in export for palm oil in Gabon were US$ 952, US$ 4,370, US$ 4,699 and US$ 4,179 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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The prices of palm oil in Gabon per tonne for the years 2016, 2017, 2018 and 2019 were US$ 828.55, US$ 851.35, US$ 653.46 and US$ 462.89 in that order.

The total values in export for palm oil in Gabon were US$ 952, US$ 4,370, US$ 4,699 and US$ 4,179 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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Gabon palm oil wholesale price

In 2022, the approximate price range for Gabon Palm Oil is between US$ 0.46 and US$ 0.65 per kilogram or between US$ 0.21 and US$ 0.29 per pound(lb).

The price in CFA Franc BEAC is XAF 257.16 per kg. The average price for a tonne is US$ 462.89 in Mandji (Port-Gentil) and Libreville.

Gabon's import price for palm oil in 2019 was US$0.73 per kilogram.