What is the price of cottonseed oil per kilogram/pound in Algeria today?
The retail price range for Algeria cottonseed oil is between US$ 0.95 and US$ 0.95 per kilogram or between US$ 0.43 and US$ 0.43 per pound(lb). Click here to see today's exact prices of cottonseed oil in Algeria
The retail price range in Algerian Dinar for cottonseed oil is between DZD 0.01 and DZD 0.01 per kilogram or between DZD 0.01 and DZD 0.01 per pound(lb) in Algiers and Oran.
Wholesale prices
In 2024, the approximate wholesale price range for Algeria cottonseed oil is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.30 and US$ 0.30 per pound(lb).
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Algeria Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Algeria over the last five years has seen a steady decline. In 2016, the price was 1.15 US dollars per kg, followed by 1.13 US dollars per kg in 2017 and 2018. In 2019, the price dropped to 1.11 US dollars per kg and in 2020, it decreased further to 0.68 US dollars per kg. This year, 2021, the price has increased to 1.39 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of cottonseed oil from Algeria in 2023 will be around 1.12 US dollars per kg and in 2024, it will be around 1.14 US dollars per kg.The cottonseed oil exports from Algeria are classified as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
Algeria Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Algeria over the last five years has been relatively stable. In 2011, the price was 1.29 US dollars per kg, followed by 1.64 US dollars per kg in 2012. In 2013, the price dropped to 1.54 US dollars per kg, and then further decreased to 1.51 US dollars per kg in 2014. The price then dropped significantly to 1.15 US dollars per kg in 2016, and further decreased to 1.13 US dollars per kg in 2017. There was no import of cottonseed oil in 2018 and 2020, and only 0.02 US dollars per kg in 2019. Based on this trend, it is likely that the import price of cottonseed oil into Algeria in 2023 and 2024 will remain low, at around 0.02 US dollars per kg.Export values for Algeria cottonseed oil
The total values in export for cottonseed oil in Algeria were US$ 2,528, US$ 3,142, US$ 4,091 and US$ 631 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Algeria: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cottonseed oil in other countries across Africa: Algeria cottonseed oil, Angola cottonseed oil, Botswana cottonseed oil, Burundi cottonseed oil, Cameroon cottonseed oil, Cape Verde cottonseed oil, Central African Republic cottonseed oil, Comoros cottonseed oil, DRC Congo cottonseed oil & Benin cottonseed oil.
Algeria cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Algeria shipped 681 tonnes of cottonseed oil. For the year 2019 alone, the market for Algeria cottonseed oil (processed category) has reduced, with a change of -81.183 per cent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports reduced by -75.51 pc earning the country US$0.63m for the year 2019. Algeria's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Algeria cottonseed oil export values
In 2019, Algeria sold cottonseed oil with a value of 0.63m USD, a decrease of -84.60% from 2018's total cottonseed oil export of 4.091m USD. The yearly change in value of Algeria cottonseed oil between 2017 to 2018 was 30.204 percent.
The yearly variation in the amount of Algeria's cottonseed oil exports between 2017 and 2019 was -75.51 per cent compared to a variation of -81.183% in the period between 2018 and 2019.
Algeria's portion of the world's total cottonseed oil's exports in 2019 was less than 1%. Algeria holds number 74 in world exports of cottonseed oil.
Export markets for Algeria cottonseed oil ( in '000$ )
Algeria's leading export markets for cottonseed oil are Niger and United Kingdom (UK).
Import/Export Trends
Algeria is a net importer of cottonseed oil. The annual growth of Algeria cottonseed oil in value between 2015 to 2019 was -18%, per annum, while annual growth in quantity through the same period was -20%, per annum.
Algeria purchased 0 tonnes of cottonseed oil in 2019.