What is the price of cottonseed oil per kilogram/pound in Botswana today?
The retail price range for Botswana cottonseed oil is between US$ 3.89 and US$ 4.86 per kilogram or between US$ 1.76 and US$ 2.20 per pound(lb). Click here to see today's exact prices of cottonseed oil in Botswana
The retail price range in Pula for cottonseed oil is between BWP 52.51 and BWP 65.64 per kilogram or between BWP 23.82 and BWP 29.77 per pound(lb) in Gaborone and Francistown.
Wholesale prices
In 2024, the approximate wholesale price range for Botswana cottonseed oil is between US$ 2.72 and US$ 3.40 per kilogram or between US$ 1.23 and US$ 1.54 per pound(lb).
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Botswana Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Botswana has seen a steady decline over the last five years. In 2016, the price was 0.45 US dollars per kg, and in 2021 it was 2.25 US dollars per kg. The highest price in the last five years was in 2020, when it was 3.09 US dollars per kg. The lowest price was in 2013, when it was 0.81 US dollars per kg. It is likely that the price of cottonseed oil from Botswana will continue to fluctuate in the coming years, but it is difficult to predict the exact prices for 2023 and 2024.The exports of cottonseed oil from Botswana are classified 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)
Botswana Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Botswana over the last five years has been relatively volatile. In 2017, the price was $0.91, before dropping to $0.45 in 2016. This was followed by a slight increase to $0.94 in 2018, before a significant jump to $1.07 in 2019. The price then skyrocketed to $3.09 in 2020, before settling at $2.25 in 2021. Based on this data, it is likely that the import price per kilogram of cottonseed oil into Botswana will remain relatively stable in the next two years, with an estimated price of $2.25 in 2023 and $2.26 in 2024.Export values for Botswana cottonseed oil
The total values in export for cottonseed oil in Botswana were US$ 2,640, US$ 5,904, US$ 3,136 and US$ 3,280 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Botswana: 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.
Botswana cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Botswana exported 3,072 tonnes of cottonseed oil. Through 2019 alone, the demand for Botswana cottonseed oil (processed category) has escalated, flactuating by 8.475 per cent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went down by -48.66 percent bringing the exporter US$3.28m for the year 2019. Botswana's cottonseed oil exports are categorised as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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Botswana cottonseed oil export values
In 2019, Botswana sold cottonseed oil with a value of 3.28m USD, an increment of 4.59% from 2018's total cottonseed oil export of 3.136m USD. The annual growth in value of Botswana cottonseed oil between 2017 to 2018 was -46.883%.
The annual change in the volume of Botswana's cottonseed oil exports between 2017 and 2019 was -48.66 pc compared to a variation of 8.475% in the period between 2018 and 2019.
Export markets for Botswana cottonseed oil ( in '000$ )
Botswana's top destinations for cottonseed oil are South Africa and Zimbabwe.
Botswana purchased 356,080 tonnes of cottonseed oil in 2019.