What is the price of cottonseed oil per kilogram/pound in Canada today?
The retail price range for Canada cottonseed oil is between US$ 1.94 and US$ 3.88 per kilogram or between US$ 0.88 and US$ 1.76 per pound(lb). Click here to see today's exact prices of cottonseed oil in Canada
The retail price range in Canadian Dollar for cottonseed oil is between CAD 2.62 and CAD 5.24 per kilogram or between CAD 1.19 and CAD 2.38 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada cottonseed oil is between US$ 1.36 and US$ 2.72 per kilogram or between US$ 0.62 and US$ 1.23 per pound(lb).
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Canada Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Canada has seen a steady decline over the past five years. In 2011, the price was 4.85 US dollars per kg, but by 2021, it had dropped to 1.68 US dollars per kg. The lowest price was recorded in 2015, when it was 2.00 US dollars per kg. Since then, the price has fluctuated between 1.53 and 2.73 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of cottonseed oil from Canada in 2023 will be around 1.50 US dollars per kg, and in 2024 it will be around 2.50 US dollars per kg.The cottonseed oil exports from Canada are categorised as:
- 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)
- Crude cotton-seed oil (HS code 151221)
Canada Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Canada has seen a steady decline over the last five years. In 2012, the price was 4.54 US dollars per kg, but by 2016, it had dropped to 1.58 US dollars per kg. In 2017, the price rose slightly to 2.28 US dollars per kg, before dropping again to 1.53 US dollars per kg in 2018. The price then rose to 2.13 US dollars per kg in 2019, before dropping to 1.53 US dollars per kg in 2020. The price then rose again to 1.68 US dollars per kg in 2021, before increasing to 2.73 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of cottonseed oil into Canada will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 1.90 US dollars per kg, and in 2024 it will be around 2.50 US dollars per kg.Export values for Canada cottonseed oil
The total values in export for cottonseed oil in Canada were US$ 1,390, US$ 1,914, US$ 2,102 and US$ 1,428 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cottonseed oil in other countries across North America: Canada cottonseed oil, US cottonseed oil, Anguilla cottonseed oil, Antigua and Barbuda cottonseed oil, Bermuda cottonseed oil, Bonaire, Sint Eustatius and Saba cottonseed oil, St.Pierre and Miquelon cottonseed oil, United States Minor Outlying Islands cottonseed oil, Cayman Islands cottonseed oil & Greenland cottonseed oil.
Canada cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of cottonseed oil sold by Canada in 2020 was 1,676 tons. In 2019 Canada shipped 669 tonnes of cottonseed oil. For the year 2019 alone, the market for Canada cottonseed oil (processed category) has gone down, with a change of -51.275 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went down by -20.45% bringing the country US$1.43m for the year 2019. Canada's cottonseed oil exports are categorised as:
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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Canada cottonseed oil export values
In 2019, Canada sold cottonseed oil valued at 1.43m USD, a drop of -31.97% from 2018's total cottonseed oil export of 2.102m USD. The annual change in value of Canada cottonseed oil between 2017 to 2018 was 9.822%.
The annual/yearly change in the volume of Canada's cottonseed oil exports between 2017 and 2019 was -20.45 per cent in comparison to a variation of -51.275% in the period between 2018 and 2019.
Canada's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. The country is ranked number 42 in world exports of cottonseed oil.
Export markets for Canada cottonseed oil ( in '000$ )
Canada's best performing export markets for cottonseed oil are Ireland, Australia, US, Hong Kong and China.
Import/Export Trends
Canada is a net importer of cottonseed oil. The annual growth of Canada cottonseed oil in value between 2015 to 2019 was 12%, per year, while annual growth in quantity for the same period was 14%, per annum.
Canada imported 35,297 tonnes of cottonseed oil in 2019.