What is the price of cottonseed oil per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan cottonseed oil is between US$ 3.15 and US$ 4.02 per kilogram or between US$ 1.43 and US$ 1.82 per pound(lb). Click here to see today's exact prices of cottonseed oil in Kazakhstan
The retail price range in Tenge for cottonseed oil is between KZT 1,414.71 and KZT 1,800.54 per kilogram or between KZT 641.59 and KZT 816.57 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan cottonseed oil is between US$ 2.21 and US$ 2.81 per kilogram or between US$ 1.00 and US$ 1.27 per pound(lb).
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Kazakhstan Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Kazakhstan has seen a steady decline over the past five years. In 2021, the price was 1.42 US dollars per kg, while in 2017 it was 0.88 US dollars per kg. This represents a decrease of 0.54 US dollars per kg. In 2020, the price was 0.90 US dollars per kg, while in 2016 it was 0.99 US dollars per kg. This represents a decrease of 0.09 US dollars per kg. In 2019, the price was 0.82 US dollars per kg, while in 2015 it was 1.03 US dollars per kg. This represents a decrease of 0.21 US dollars per kg. In 2018, the price was 0.84 US dollars per kg, while in 2014 it was 1.09 US dollars per kg. This represents a decrease of 0.25 US dollars per kg. In 2017, the price was 0.88 US dollars per kg, while in 2013 it was 1.37 US dollars per kg. This represents a decrease of 0.49 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of cottonseed oil from Kazakhstan will continue to decrease in the next two years, with a predicted price of 0.78 US dollars per kg in 2023 and 0.76 US dollars per kg in 2024.The Kazakhstan 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)
Kazakhstan Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Kazakhstan has seen a steady decline over the past five years. In 2016, the price was $0.99, and in 2020, it had dropped to $0.90. This represents a decrease of 9.09%. The price has remained relatively stable since then, with the most recent price in 2021 being $1.42. Looking ahead, it is likely that the price of cottonseed oil will remain relatively stable in the coming years. Based on the data, we can predict that the price in 2023 will be around $1.40 and in 2024 it will be around $1.38.Export values for Kazakhstan cottonseed oil
The total values in export for cottonseed oil in Kazakhstan were US$ 16,339, US$ 26,620, US$ 27,070 and US$ 31,128 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kazakhstan: 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.
Kazakhstan cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The volume of cottonseed oil sold by Kazakhstan in 2020 was 31,039 tonnes. In 2019 Kazakhstan sold 37,840 tonnes of cottonseed oil. Through 2019 alone, the interest in Kazakhstan cottonseed oil (processed category) has climbed, flactuating by 17.578 per cent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 25.76% bringing Kazakhstan US$31.13m for the year 2019. Kazakhstan's cottonseed oil exports are categorised as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Kazakhstan cottonseed oil export values
In 2019, Kazakhstan supplied cottonseed oil worth 31.13m USD, an increase of 15.00% from 2018's total cottonseed oil export of 27.07m USD. The yearly increase in value of Kazakhstan cottonseed oil between 2017 to 2018 was 1.69 per cent.
The yearly variation in the quantity of Kazakhstan's cottonseed oil exports between 2017 and 2019 was 25.76 percent compared to a variation of 17.578% in the period between 2018 and 2019.
Kazakhstan's share of the world's total cottonseed oil's exports in 2019 was less than 1%. The country holds position 94 in world exports of cottonseed oil.
Export markets for Kazakhstan cottonseed oil ( in '000$ )
Kazakhstan's best performing destinations for cottonseed oil are Tajikistan, Uzbekistan, Kyrgyzstan, Russia and US.
Kazakhstan brought in 29,790 tonnes of cottonseed oil in 2019.