What is the price of palm oil per kilogram/pound in Nicaragua today?
The retail price range for Nicaragua palm oil is between US$ 0.21 and US$ 0.35 per kilogram or between US$ 0.10 and US$ 0.16 per pound(lb). Click here to see today's exact prices of palm oil in Nicaragua
The retail price range in Cordoba Oro for palm oil is between NIO 7.78 and NIO 12.73 per kilogram or between NIO 3.53 and NIO 5.77 per pound(lb) in Managua and León.
Wholesale prices
In 2025, the approximate wholesale price range for Nicaragua palm oil is between US$ 0.15 and US$ 0.24 per kilogram or between US$ 0.07 and US$ 0.11 per pound(lb).
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Prices of other produce in the Processed category in Nicaragua: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Central America: Belize palm oil, Costa Rica palm oil, El Salvador palm oil, Guatemala palm oil, Honduras palm oil, Mexico palm oil, Nicaragua palm oil & Panama palm oil.
Nicaragua palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nicaragua sold 72,752 tonnes of palm oil. For 2019 alone, the demand for Nicaragua palm oil (processed category) has surged, with a change of 62.205 % compared to the year 2018. Between 2017 and 2019, palm oil's exports went up by 140.15% bringing the country US$36.57m for the year 2019. Nicaragua's palm oil exports are categorised as:
- Crude palm kernel and babassu oil (HS code 151321)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm oil (HS code 151110)
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Nicaragua palm oil export values
In 2019, Nicaragua shipped palm oil costing 36.57m USD, an increment of 34.21% from 2018's total palm oil export of 27.248m USD. The annual change in value of Nicaragua palm oil between 2017 to 2018 was 32.826 percent.
The annual/yearly variation in the volume of Nicaragua's palm oil exports between 2017 and 2019 was 140.15 per cent compared to a variation of 62.205% in the period between 2018 and 2019.
Export markets for Nicaragua palm oil ( in '000$ )
Nicaragua's top export markets for palm oil are El Salvador, Guatemala, Mexico, the Dominican Republic and Germany.
Nicaragua procured 54,692 tonnes of palm oil in 2019.
Production
The production of palm oil in Nicaragua was 344,868 tonnes in 2019 and is estimated to change by an average of 7.77%. The country had approximately 32,984.00 hectares under palm oil cultivation.