What is the price of cottonseed oil per kilogram/pound in Egypt today?
The retail price range for Egypt cottonseed oil is between US$ 0.96 and US$ 1.93 per kilogram or between US$ 0.44 and US$ 0.87 per pound(lb). Click here to see today's exact prices of cottonseed oil in Egypt
The retail price range in Egyptian Pound for cottonseed oil is between EGP 30.10 and EGP 60.20 per kilogram or between EGP 13.65 and EGP 27.30 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt cottonseed oil is between US$ 0.67 and US$ 1.35 per kilogram or between US$ 0.31 and US$ 0.61 per pound(lb).
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Egypt Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Egypt over the last five years has been relatively stable. In 2017, the price was 1.02 US$ per kg, followed by 1.06 US$ per kg in 2018. In 2019, the price dropped to 1.00 US$ per kg, before increasing to 1.06 US$ per kg in 2020. The highest price was recorded in 2021, at 1.53 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of cottonseed oil from Egypt in 2023 will be around 1.50 US$ per kg, and in 2024 it will be around 1.55 US$ per kg.The cottonseed oil exports from Egypt are categorised as:
- 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)
- Crude cotton-seed oil (HS code 151221)
Egypt Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Egypt has been relatively stable over the past five years. In 2017, the price was $1.02, followed by $1.06 in 2018, $1.00 in 2019, and $1.06 in 2020. The price then increased to $1.53 in 2021. This is the highest price in the past five years, representing a 50% increase from the lowest price in 2019. Looking ahead, we can expect the price of cottonseed oil to remain relatively stable in the next two years, with a slight increase to $1.55 in 2023 and $1.57 in 2024.Export values for Egypt cottonseed oil
The total values in export for cottonseed oil in Egypt were US$ 13,156, US$ 3,605, US$ 4,402 and US$ 7,210 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: 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.
Egypt cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt shipped 12,396 tonnes of cottonseed oil. In 2019 alone, the demand for Egypt cottonseed oil (processed category) has shrunk, recording a change of -2.677 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went down by -7.61 percent netting the country US$7.21m for the year 2019. Egypt's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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Egypt cottonseed oil export values
In 2019, Egypt shipped cottonseed oil valued at 7.21m USD, a surge of 63.79% from 2018's total cottonseed oil export of 4.402m USD. The annual change in value of Egypt cottonseed oil between 2017 to 2018 was 22.108 pc.
The annual change in the amount of Egypt's cottonseed oil exports between 2017 and 2019 was -7.61% in comparison to a variation of -2.677% in the period between 2018 and 2019.
Egypt's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. Egypt holds number 102 in world exports of cottonseed oil.
Export markets for Egypt cottonseed oil ( in '000$ )
Egypt's top destinations for cottonseed oil are Yemen, Malaysia, Australia, Libya and Syria.
Egypt bought 6,008 tonnes of cottonseed oil in 2019.