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Price for Soybean Oil in Panama

Get price analysis and market insights for Panama Soybean Oil with Tridge.

Export prices of Soybean Oil in Panama

Historical export price trends

The export price of Soybean Oil from Panama has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.13 USD per kg and $1.66 USD per kg. By 2024, these prices had fallen to a new range of $1.03 to $1.03 USD per kg, reflecting shifts in demand or supply for Panama Soybean Oil.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$1.03/kg
$0.47/lb
$1.03/kg
$0.47/lb
2023
$1.13/kg
$0.51/lb
$1.66/kg
$0.76/lb
2022
$1.46/kg
$0.66/lb
$1.90/kg
$0.86/lb

Recent export records

On 2024-06-13, Soybean Oil reported as "CODIGO UTS B00302 DO QQ24IY227 PEDIDO IMPO 055-24 DECLARACION 1 DE 1;FACTURA(S):1999;MERCANCIA NUEVA. NOS ACOGEMOS AL ACUERDO CAN, DECISION 416 DE 1997,MERCANCIA AMPARADA EN EL CERTIFICADO DE ORIGEN NO. SCZ116801 DEL 22/05/2024. MERCANCIA CUMPLE CON ROTULADO O ETIQUETADO RESOLUCION 5109 DEL 29/12/2005, MPS. //PRODUCTO: ACEITE REFINADO DE SOYA, NOMBRE TECNICO: ACEITE DE SOYA RBD, GRADO DE ELABORACION: REFINADO, USO: MATERIA PRIMA PARA LA INDUSTRIADE ALIMENTOS, MARCA: NO TIENE, SECTOR: INDUSTRIAL, PRESENTACION COMERCIAL: FLEXITANQUE, TIPO DE EMPAQUE: A GRANEL, ADITIVOS DESNATURALIZANTES Y PORCENTAJE DE CONCENTRACION: TERBUTIL HIDROQUINONA TBHQ200 MG/KG, ACIDO CITRICO100 MG/KG. SEGUN FACTURA: PRODUCT: RBD SOYBEAN OIL ACEITE REFINADO DE SOYA EN FLEXITANQUES ORIGEN:BOLIVIA. CANTIDAD 22 MT. (22000 KG). CERTIFICADO INVIMA NO. BA-2024001654 DEL 05/06/2024." was exported by a company in Panama to a company in Colombia.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-06-13
$000/kg
CODIGO UTS B00302 DO QQ24IY227 PEDIDO IMPO 055-24 DECLARACION 1 DE 1;FACTURA(S):1999;MERCANCIA NUEVA. NOS ACOGEMOS AL ACUERDO CAN, DECISION 416 DE 1997,MERCANCIA AMPARADA EN EL CERTIFICADO DE ORIGEN NO. SCZ116801 DEL 22/05/2024. MERCANCIA CUMPLE CON ROTULADO O ETIQUETADO RESOLUCION 5109 DEL 29/12/2005, MPS. //PRODUCTO: ACEITE REFINADO DE SOYA, NOMBRE TECNICO: ACEITE DE SOYA RBD, GRADO DE ELABORACION: REFINADO, USO: MATERIA PRIMA PARA LA INDUSTRIADE ALIMENTOS, MARCA: NO TIENE, SECTOR: INDUSTRIAL, PRESENTACION COMERCIAL: FLEXITANQUE, TIPO DE EMPAQUE: A GRANEL, ADITIVOS DESNATURALIZANTES Y PORCENTAJE DE CONCENTRACION: TERBUTIL HIDROQUINONA TBHQ200 MG/KG, ACIDO CITRICO100 MG/KG. SEGUN FACTURA: PRODUCT: RBD SOYBEAN OIL ACEITE REFINADO DE SOYA EN FLEXITANQUES ORIGEN:BOLIVIA. CANTIDAD 22 MT. (22000 KG). CERTIFICADO INVIMA NO. BA-2024001654 DEL 05/06/2024.
Company name
Panama
Company name
Colombia
2024-06-06
$000/kg
DO BV38549-0 PEDIDO IMP 2363 DECLARACION 1 DE 1;NOS ACOGEMOS A LA DECISION NO 416 DE 1997 DE LA COMUNIDAD ANDINA ARTICULO 2 LITERAL C), COLOMBIA Y BOLIVIA, ANEXAMOS CERTIFICADO DE ORIGEN NO. SCZ117025 DE FECHA 29/05/2024 VISTO BUENO INVIMA NO. VINVIMA-24-0060323 DE FECHA: 16/05/2024 //CERTIFICADO DE INSPECCION SANITARIA INVIMA NO BU-2024008348 DEFECHA 05/06/2024. , CANTIDAD: 1,000.913 TONELADA METRICA, PRODUCTO: ACEITE REFINADO DE SOYA, NOMBRE TECNICO: ACEITE REFINADO DE SOYA, GRADO DE ELABORACION: REFINADO, ADITIVOS DESNATURALIZANTES Y PORCENTAJE DE CONCENTRACION: NO SE UTILIZAN (SOLO ADITIVOS CONSERVANTES QUE ES EL ANTIOXIDANTE TBHQ EN PROPORCION DE MIN. 40 PPM)., USO: PARA LA INDUSTRIA ALIMENTICIA, MARCA: SIN MARCA//
Company name
Panama
Company name
Colombia
2024-06-06
$000/kg
DO BV38548-0 PEDIDO IMP 2362 DECLARACION 1 DE 1;NOS ACOGEMOS A LA DECISION NUMERO 416 DE 1997 DE LA COMUNIDAD ANDINA, COLOMBIA Y BOLIVIA, ANEXAMOS CERTIFICADO DE ORIGEN NO. SCZ117062 DE FECHA 31/05/2024// VOBO INVIMA VINVIMA-24-0060323 DE FECHA 16/05/2024// CERTIFICADO DE INSPECCION SANITARIA INVIMA NO. BU-2024008377 DE 05/06/2024. , CANTIDAD: 976.783 TONELADA METRICA, PRODUCTO: ACEITE REFINADO DE SOYA, NOMBRE TECNICO: ACEITE REFINADO DE SOYA, GRADO DE ELABORACION: REFINADO, ADITIVOS DESNATURALIZANTES YPORCENTAJE DE CONCENTRACION: NO SE UTILIZAN (SOLO ADITIVOS CONSERVANTES QUE ES EL ANTIOXIDANTE TBHQ EN PROPORCION DE MIN. 40 PPM)., USO: PARA LA INDUSTRIA ALIMENTICIA, MARCA: SIN MARCA//
Company name
Panama
Company name
Colombia
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Soybean Oil in Panama

Historical import price trends

The import price of Soybean Oil to Panama has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $1.75 USD per kg to $1.98 USD per kg. By 2024, prices had dropped to a new range of $0.87 to $1.59 USD per kg, reflecting changes in demand or supply for Soybean Oil in Panama.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$0.87/kg
$0.39/lb
$1.59/kg
$0.72/lb
2023
$1.75/kg
$0.79/lb
$1.98/kg
$0.90/lb
2022
$1.88/kg
$0.85/lb
$3.15/kg
$1.43/lb

Recent import records

On 2024-11-26, Soybean Oil reported as “ACEITE REFINADO DE SOYA BOLIVIANO” was imported by a company in Panama from a company in Bolivia.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-11-26
$000/kg
ACEITE REFINADO DE SOYA BOLIVIANO
Company name
Bolivia
Company name
Panama
2024-11-18
$000/kg
ACEITE DE SOYA CRUDO A GRANEL
Company name
Bolivia
Company name
Panama
2024-11-14
$000/kg
ACEITE REFINADO DE SOYA BOLIVIANO
Company name
Bolivia
Company name
Panama
To access detailed information, including unit prices and company names, get full access to our Transaction Data.

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Market Brief | Instant insights

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Transaction Data | In-depth analysis

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FAQ for Soybean Oil price in Panama

Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Panama Soybean Oil calculated?
The low and high prices are calculated from Panama data for Soybean Oil during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much transaction data is there for Soybean Oil in Panama in Tridge?
We have 4955 transaction records for Soybean Oil in Panama. Visit our About Transaction Data page to explore its features.

Soybean Oil prices in other countries

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