What is the price of cottonseed oil per kilogram/pound in Indonesia today?
The retail price range for Indonesia cottonseed oil is between US$ 0.34 and US$ 0.76 per kilogram or between US$ 0.15 and US$ 0.35 per pound(lb). Click here to see today's exact prices of cottonseed oil in Indonesia
The retail price range in Rupiah for cottonseed oil is between IDR 5,606.03 and IDR 12,696.02 per kilogram or between IDR 2,542.42 and IDR 5,757.83 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia cottonseed oil is between US$ 0.24 and US$ 0.53 per kilogram or between US$ 0.11 and US$ 0.24 per pound(lb).
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Indonesia Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Indonesia over the last five years has been relatively stable. In 2017, the price was 1.13 US$ per kg, followed by 1.00 US$ per kg in 2018. In 2019, the price increased to 1.67 US$ per kg, before dropping to 1.42 US$ per kg in 2020. 2021 saw a significant increase to 2.02 US$ per kg, and the price rose again to 4.20 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of cottonseed oil from Indonesia in 2023 will be around 5.32 US$ per kg, and in 2024 it will be around 6.54 US$ per kg.The cottonseed oil exports from Indonesia 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)
Indonesia Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Indonesia has been relatively stable over the last five years. In 2017, the price was 1.13 US dollars per kg, and this remained the same in 2018. In 2019, the price increased to 1.67 US dollars per kg, before dropping to 1.42 US dollars per kg in 2020. 2021 saw a significant increase to 2.02 US dollars per kg, and this was followed by an even larger increase to 4.2 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of cottonseed oil into Indonesia will continue to increase in 2023 and 2024.Export values for Indonesia cottonseed oil
The total values in export for cottonseed oil in Indonesia were US$ 53, US$ 116, US$ 203 and US$ 285 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: 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.
Indonesia cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 171 tonnes of cottonseed oil. Across 2019 alone, the market for Indonesia cottonseed oil (processed category) has shrunk, flactuating by -16.176 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 66.02% bringing the nation US$0.28m for the year 2019. Indonesia's cottonseed oil exports are classified as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Crude cotton-seed oil (HS code 151221)
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Indonesia cottonseed oil export values
In 2019, Indonesia supplied cottonseed oil costing 0.28m USD, an improvement of 37.93% from 2018's total cottonseed oil export of 0.203m USD. The yearly increase in value of Indonesia cottonseed oil between 2017 to 2018 was 75%.
The yearly variation in the volume of Indonesia's cottonseed oil exports between 2017 and 2019 was 66.02% in comparison to a variation of -16.176% in the period between 2018 and 2019.
Indonesia's portion of the world's total cottonseed oil's exports in 2019 was 7.3 pc. Indonesia is ranked position 4 in world exports of cottonseed oil.
Export markets for Indonesia cottonseed oil ( in '000$ )
Indonesia's top export markets for cottonseed oil are Japan, US and Malaysia.
Import/Export Trends
Indonesia is a net exporter of cottonseed oil. The annual growth of Indonesia cottonseed oil in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was 4%, per annum.
Indonesia procured 7,929 tonnes of cottonseed oil in 2019.