Georgia Soyabean Oil 2023 Retail Prices
The retail price range for Georgia soyabean oil in September is between US$ 4.67 and US$ 5.36 per kilogram or between US$ 2.12 and US$ 2.43 per pound(lb). Click here to see today's prices of soyabean oil in Georgia
The retail price range in Lari for soyabean oil is between GEL 11.83 and GEL 13.58 per kilogram or between GEL 5.37 and GEL 6.16 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2023, the approximate wholesale price range for Georgia soyabean oil is between US$ 3.27 and US$ 3.75 per kilogram or between US$ 1.48 and US$ 1.7 per pound(lb).
Related: Kenya Soyabean oil prices, South Africa Soyabean oil prices, Malaysia Soyabean oil prices, United Arab Emirates (UAE) Soyabean oil prices, Canada Soyabean oil prices, US Soyabean oil prices, Australia Soyabean oil prices, New Zealand Soyabean oil prices, Germany Soyabean oil prices, Netherlands Soyabean oil prices, United Kingdom (UK) Soyabean oil prices,
Price Finder Tool
Search for prices of Georgia soyabean oil and other products in different countries.
Georgia Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Georgia has seen a steady decline over the last five years. In 2014, the price was 0.96 US dollars per kg, and by 2020, it had dropped to 0.72 US dollars per kg. This represents a decrease of 25% over the period. There was a slight increase in 2019, when the price rose to 0.68 US dollars per kg, but this was followed by a further decrease in 2020. Based on this trend, it is likely that the export price per kilogram of Soyabean oil from Georgia will continue to decrease in the coming years. We can predict that the price in 2023 will be around 0.60 US dollars per kg, and in 2024 it will be around 0.55 US dollars per kg.The exports of soyabean oil from Georgia are categorised as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Georgia Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Georgia has seen a steady decline over the past five years. In 2014, the price was 0.96 US dollars per kg, and this decreased to 0.88 US dollars per kg in 2015. In 2016, the price dropped further to 0.81 US dollars per kg, and then to 0.75 US dollars per kg in 2017. The lowest price was recorded in 2018, when the import price was 0.62 US dollars per kg. In 2019, the price increased slightly to 0.68 US dollars per kg, and then to 0.72 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Soyabean oil into Georgia will continue to decrease in the coming years. It is predicted that the price will be 0.66 US dollars per kg in 2023 and 0.60 US dollars per kg in 2024.Export values for Georgia soyabean oil
The total values in export for soyabean oil in Georgia were US$ 861, US$ 689, US$ 109 and US$ 69 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of soyabean oil in other countries across Europe: Georgia soyabean oil, Albania soyabean oil, Belarus soyabean oil, Bosnia and Herzegovina soyabean oil, Bulgaria soyabean oil, Croatia soyabean oil, Czech Republic soyabean oil, Estonia soyabean oil, Greece soyabean oil & Hungary soyabean oil.
Georgia soyabean oil - Production, Exports, Imports, Seasons and HS Codes
The amount of soyabean oil exported by Georgia in 2020 was 90 tonnes. In 2019 Georgia shipped 101 tonnes of soyabean oil. For 2019 alone, the market for Georgia soyabean oil (processed category) has decreased, recording a change of -33.553 per cent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports reduced by -89.02 pc earning the country US$0.07m for the year 2019. Georgia's soyabean oil exports are classified as:
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
- Crude soya-bean oil, whether or not degummed (HS code 150710)
Are you a producer of soyabean oil or other products?
Sign up today for FREE to buy or sell soyabean oil.
Georgia soyabean oil export values
In 2019, Georgia supplied soyabean oil costing 0.07m USD, a decrease of -35.78% from 2018's total soyabean oil export of 0.109m USD. The yearly change in value of Georgia soyabean oil between 2017 to 2018 was -84.18 percent.
The yearly variation in the quantity of Georgia's soyabean oil exports between 2017 and 2019 was -89.02% in comparison to a variation of -33.553% in the period between 2018 and 2019.
Export markets for Georgia soyabean oil ( in '000$ )
Georgia's best performing export markets for soyabean oil are Armenia.
Georgia imported 71 tonnes of soyabean oil in 2019.