What is the price of cottonseed oil per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan cottonseed oil is between US$ 0.43 and US$ 0.64 per kilogram or between US$ 0.19 and US$ 0.29 per pound(lb). Click here to see today's exact prices of cottonseed oil in Azerbaijan
The retail price range in Azerbaijan Manat for cottonseed oil is between AZN 0.73 and AZN 1.08 per kilogram or between AZN 0.33 and AZN 0.49 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2024, the approximate wholesale price range for Azerbaijan cottonseed oil is between US$ 0.30 and US$ 0.45 per kilogram or between US$ 0.14 and US$ 0.20 per pound(lb).
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Azerbaijan Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Azerbaijan has seen a steady decline over the past five years. In 2021, the price was 1.28 US dollars per kilogram, down from 3.12 US dollars per kilogram in 2012. In 2020, the price was 0.81 US dollars per kilogram, and in 2019, the price was 0.81 US dollars per kilogram. In 2018, the price was 0.78 US dollars per kilogram, and in 2017, the price was 0.94 US dollars per kilogram. The lowest price in the past five years was 0.98 US dollars per kilogram in 2016. Based on this trend, it is predicted that the price of cottonseed oil from Azerbaijan will be 0.75 US dollars per kilogram in 2023 and 0.72 US dollars per kilogram in 2024.The Azerbaijan cottonseed oil exports are categorised as:
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- 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)
Azerbaijan Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Azerbaijan has seen a steady decline over the past five years. In 2016, the price was $0.98, followed by $0.94 in 2017, $0.78 in 2018, $0.81 in 2019 and 2020, and finally $1.28 in 2021. This indicates a downward trend in the import price of cottonseed oil into Azerbaijan. It is likely that the price will continue to decrease in the coming years, with a predicted price of $0.75 in 2023 and $0.70 in 2024.Export values for Azerbaijan cottonseed oil
The total values in export for cottonseed oil in Azerbaijan were US$ 9,252, US$ 8,148, US$ 7,915 and US$ 6,070 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Azerbaijan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cottonseed oil in other countries across Asia: Kazakhstan cottonseed oil, Kyrgyzstan cottonseed oil, Tajikistan cottonseed oil, Turkmenistan cottonseed oil, Uzbekistan cottonseed oil, China cottonseed oil, Hong Kong cottonseed oil, Macao cottonseed oil, North Korea cottonseed oil & Mongolia cottonseed oil.
Azerbaijan cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan shipped 7,537 tonnes of cottonseed oil. Through 2019 alone, the market for Azerbaijan cottonseed oil (processed category) has reduced, changing by -25.693 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports reduced by -13.44% earning the country US$6.07m for the year 2019. Azerbaijan's cottonseed oil exports are categorised as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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Azerbaijan cottonseed oil export values
In 2019, Azerbaijan exported cottonseed oil valued at 6.07m USD, a reduction of -23.31% from 2018's total cottonseed oil export of 7.915m USD. The annual reduction in value of Azerbaijan cottonseed oil between 2017 to 2018 was -2.86 per cent.
The yearly change in the quantity of Azerbaijan's cottonseed oil exports between 2017 and 2019 was -13.44% in comparison to a variation of -25.693% in the period between 2018 and 2019.
Export markets for Azerbaijan cottonseed oil ( in '000$ )
Azerbaijan's best performing destinations for cottonseed oil are Tajikistan, Kyrgyzstan, Turkey, Georgia and Turkmenistan.
Azerbaijan procured 12,708 tonnes of cottonseed oil in 2019.