What is the price of cottonseed oil per kilogram/pound in Kenya today?
The retail price range for Kenya cottonseed oil is between US$ 0.96 and US$ 1.07 per kilogram or between US$ 0.43 and US$ 0.49 per pound(lb). Click here to see today's exact prices of cottonseed oil in Kenya
The retail price range in Kenyan Shilling for cottonseed oil is between KES 132.89 and KES 149.16 per kilogram or between KES 60.27 and KES 67.64 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya cottonseed oil is between US$ 0.67 and US$ 0.75 per kilogram or between US$ 0.30 and US$ 0.34 per pound(lb).
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Kenya Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Kenya over the last five years has been relatively stable. In 2017, the price was 1.52 US dollars per kg, followed by 0.98 US dollars per kg in 2018. In 2019, the price increased to 1.10 US dollars per kg, before dropping to 0.97 US dollars per kg in 2020. The price then rose again to 1.45 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of cottonseed oil from Kenya in 2023 will be around 1.45 US dollars per kg, and in 2024 it will be around 1.52 US dollars per kg.The Kenya 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)
Kenya Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Kenya has seen a fluctuating trend over the past five years. In 2016, the price was at its highest at $2.02, before dropping to its lowest at $0.98 in 2018. Since then, the price has been steadily increasing, reaching $1.45 in 2021. Looking ahead, it is likely that the import price per kilogram of cottonseed oil into Kenya will continue to increase, with an estimated price of $1.47 for 2023 and $1.50 for 2024.Export values for Kenya cottonseed oil
The total values in export for cottonseed oil in Kenya were US$ 412, US$ 314, US$ 614 and US$ 919 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: 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.
Kenya cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 839 tonnes of cottonseed oil. In 2019 alone, the demand for Kenya cottonseed oil (processed category) has climbed, with a change of 34.026 per cent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went up by 305.31 pc earning Kenya US$0.92m for the year 2019. Kenya's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Kenya cottonseed oil export values
In 2019, Kenya supplied cottonseed oil costing 0.92m USD, an improvement of 49.84% from 2018's total cottonseed oil export of 0.614m USD. The annual increase in value of Kenya cottonseed oil between 2017 to 2018 was 95.541 percent.
The yearly variation in the volume of Kenya's cottonseed oil exports between 2017 and 2019 was 305.31% in comparison to a variation of 34.026% in the period between 2018 and 2019.
Kenya's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. The country holds number 79 in world exports of cottonseed oil.
Export markets for Kenya cottonseed oil ( in '000$ )
Kenya's leading export markets for cottonseed oil are DRC Congo, Sudan and Rwanda.
Import/Export Trends
Kenya is a net exporter of cottonseed oil. The annual growth of Kenya cottonseed oil in value between 2015 to 2019 was 58%, per year, while annual growth in quantity through the same period was 50%, per annum.
Kenya bought 1,297 tonnes of cottonseed oil in 2019.