What is the price of cottonseed oil per kilogram/pound in Hungary today?
The retail price range for Hungary cottonseed oil is between US$ 2.65 and US$ 3.25 per kilogram or between US$ 1.20 and US$ 1.47 per pound(lb). Click here to see today's exact prices of cottonseed oil in Hungary
The retail price range in Forint for cottonseed oil is between HUF 921.83 and HUF 1,131.18 per kilogram or between HUF 418.06 and HUF 513.01 per pound(lb) in Budapest and Debrecen.
Wholesale prices
In 2024, the approximate wholesale price range for Hungary cottonseed oil is between US$ 1.85 and US$ 2.27 per kilogram or between US$ 0.84 and US$ 1.03 per pound(lb).
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Hungary cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The volume of cottonseed oil exported by Hungary in 2020 was 277,098 metric tons. In 2019 Hungary shipped 295,336 tonnes of cottonseed oil. For 2019 alone, the demand for Hungary cottonseed oil (processed category) has climbed, changing by 1.472 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports reduced by -0.99% bringing Hungary US$271.59m for the year 2019. Hungary's cottonseed oil exports are classified as:
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
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Hungary cottonseed oil export values
In 2019, Hungary sold cottonseed oil with a value of 271.59m USD, a reduction of -4.15% from 2018's total cottonseed oil export of 283.338m USD. The yearly reduction in value of Hungary cottonseed oil between 2017 to 2018 was -1.394 pc.
The annual change in the amount of Hungary's cottonseed oil exports between 2017 and 2019 was -0.99% in comparison to a variation of 1.472% in the period between 2018 and 2019.
Hungary's portion of the world's total cottonseed oil's exports in 2019 was less than 1%. The country is ranked number 96 in world exports of cottonseed oil.
Export markets for Hungary cottonseed oil ( in '000$ )
Hungary's top destinations for cottonseed oil are Romania.
Import/Export Trends
Hungary is a net importer of cottonseed oil. The annual growth of Hungary cottonseed oil in value between 2015 to 2019 was 7%, per year, while annual growth in quantity during the same period was 14%, per annum.
Hungary brought in 3,818 tonnes of cottonseed oil in 2019.