What is the price of soyabean oil per kilogram/pound in Germany today?
The retail price range for Germany soyabean oil is between US$ 0.44 and US$ 0.64 per kilogram or between US$ 0.20 and US$ 0.29 per pound(lb). Click here to see today's exact prices of soyabean oil in Germany
The retail price range in Euro for soyabean oil is between EUR 0.41 and EUR 0.59 per kilogram or between EUR 0.19 and EUR 0.27 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany soyabean oil is between US$ 0.31 and US$ 0.45 per kilogram or between US$ 0.14 and US$ 0.20 per pound(lb).
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Germany Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Germany has seen a steady decline over the last five years. In 2011, the price was 1.33 US dollars per kg, dropping to 0.76 US dollars per kg in 2015. Since then, the price has fluctuated, reaching a low of 0.74 US dollars per kg in 2019 and a high of 0.85 US dollars per kg in 2017. The current price is 0.82 US dollars per kg. Predicted prices for 2023 and 2024 are 1.23 and 1.63 US dollars per kg respectively.The exports of soyabean oil from Germany 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)
Germany Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Germany has seen a steady decline over the last five years. In 2012, the price was 1.19 US dollars per kg, which dropped to 1.03 US dollars per kg in 2013. This downward trend continued in 2014, when the price fell to 0.86 US dollars per kg. In 2015 and 2016, the price remained steady at 0.76 US dollars per kg. However, in 2017, the price rose slightly to 0.85 US dollars per kg. This was followed by a decrease in 2018, when the price dropped to 0.77 US dollars per kg. The price then decreased further in 2019, to 0.74 US dollars per kg. In 2020, the price rose to 0.82 US dollars per kg, before increasing again in 2021 to 1.23 US dollars per kg. The latest data shows that the import price per kilogram of Soyabean oil into Germany is 1.63 US dollars per kg in 2022. Based on the current trend, it is predicted that the import price per kilogram of Soyabean oil into Germany will continue to increase in 2023, reaching 1.75 US dollars per kg. In 2024, the price is expected to reach 1.87 US dollars per kg.Export values for Germany soyabean oil
The total values in export for soyabean oil in Germany were US$ 260,179, US$ 219,733, US$ 195,712 and US$ 125,385 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Germany: 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.
Germany soyabean oil - Production, Exports, Imports, Seasons and HS Codes
The volume of soyabean oil shipped by Germany in 2020 was 198,702 tonnes. In 2019 Germany shipped 168,941 tonnes of soyabean oil. Across 2019 alone, the interest in Germany soyabean oil (processed category) has reduced, with a change of -33.34 % compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went down by -34.9 pc bringing Germany US$125.38m for the year 2019. Germany's soyabean oil exports are categorised as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
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Germany soyabean oil export values
In 2019, Germany supplied soyabean oil costing 125.38m USD, a contraction of -35.94% from 2018's total soyabean oil export of 195.712m USD. The yearly change in value of Germany soyabean oil between 2017 to 2018 was -10.932 pc.
The annual change in the amount of Germany's soyabean oil exports between 2017 and 2019 was -34.9 per cent when compared to a variation of -33.34% in the growth rate between 2018 and 2019.
Germany's portion of the world's total soyabean oil's exports in 2019 was less than 1%. The country holds number 7 in world exports of soyabean oil.
Export markets for Germany soyabean oil ( in '000$ )
Germany's leading destinations for soyabean oil are the Netherlands, Poland, Morocco, Denmark and Belgium.
Import/Export Trends
Germany is a net importer of soyabean oil. The annual growth of Germany soyabean oil in value between 2015 to 2019 was 10%, per annum, while annual growth in quantity during the same period was 7%, per annum.
Germany procured 94,935 tonnes of soyabean oil in 2019.