What is the price of palm oil per kilogram/pound in Mali today?
The retail price range for Mali palm oil is between US$ 2.96 and US$ 2.96 per kilogram or between US$ 1.34 and US$ 1.34 per pound(lb). Click here to see today's exact prices of palm oil in Mali
The retail price range in CFA Franc BCEAO for palm oil is between XOF 1,804.02 and XOF 1,804.02 per kilogram or between XOF 818.15 and XOF 818.15 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2025, the approximate wholesale price range for Mali palm oil is between US$ 2.07 and US$ 2.07 per kilogram or between US$ 0.94 and US$ 0.94 per pound(lb).
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Mali Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Mali over the last five years has seen a steady decline. In 2010, the price was 3.05 US dollars per kg, dropping to 0.84 US dollars per kg in 2011. This trend continued, with the price reaching 0.50 US dollars per kg in 2012, 0.56 US dollars per kg in 2016 and 2017, and 0.51 US dollars per kg in 2018. The price dropped even further in 2019, to 0.46 US dollars per kg, and has remained at 0.00 US dollars per kg in 2020 and 2021. Based on this trend, it is likely that the export price per kilogram of Palm Oil from Mali will remain at 0.00 US dollars per kg in 2023 and 2024.The Mali palm oil exports are classified as:
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
Mali Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Mali has been relatively stable over the past five years. In 2016 and 2017, the price was 0.56 US dollars per kg, before dropping to 0.51 US dollars per kg in 2018. The price then decreased further to 0.46 US dollars per kg in 2019. Unfortunately, due to the pandemic, the price dropped to 0.00 US dollars per kg in 2020 and 2021. Based on this data, it is likely that the price of Palm Oil into Mali will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Mali palm oil
The total values in export for palm oil in Mali were US$ 774, US$ 133, US$ 116 and US$ 34 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Mali: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Africa: Algeria palm oil, Angola palm oil, Botswana palm oil, Burundi palm oil, Cameroon palm oil, Cape Verde palm oil, Central African Republic palm oil, Comoros palm oil, DRC Congo palm oil & Benin palm oil.
Mali palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mali sold 74 tonnes of palm oil. For the year 2019 alone, the market for Mali palm oil (processed category) has gone down, changing by -67.686 per cent compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -68.64% bringing the exporter US$0.03m for the year 2019. Mali's palm oil exports are categorised as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
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Mali palm oil export values
In 2019, Mali shipped palm oil with a value of 0.03m USD, a contraction of -74.14% from 2018's total palm oil export of 0.116m USD. The annual reduction in value of Mali palm oil between 2017 to 2018 was -12.782%.
The annual change in the volume of Mali's palm oil exports between 2017 and 2019 was -68.64 pc in comparison to a variation of -67.686% in the period between 2018 and 2019.
Export markets for Mali palm oil ( in '000$ )
Mali's leading destinations for palm oil are Senegal, Cyprus, the Gambia, Indonesia and Burkina Faso.
Mali procured 42,838 tonnes of palm oil in 2019.