What is the price of cotton per kilogram/pound in Kuwait today?
The retail price range for Kuwait cotton is between US$ 0.33 and US$ 0.47 per kilogram or between US$ 0.15 and US$ 0.21 per pound(lb). Click here to see today's exact prices of cotton in Kuwait
The retail price range in Kuwaiti Dinar for cotton is between KWD 0.10 and KWD 0.14 per kilogram or between KWD 0.05 and KWD 0.07 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait cotton is between US$ 0.23 and US$ 0.33 per kilogram or between US$ 0.11 and US$ 0.15 per pound(lb).
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Kuwait Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Kuwait over the last five years has seen a significant fluctuation. In 2012, the price was 1.40 US dollars per kg, which dropped to 0.60 US dollars per kg in 2015. However, the price rose to 1.00 US dollars per kg in 2016 and then increased drastically to 11.86 US dollars per kg in 2017. In 2018, the price dropped to 5.63 US dollars per kg and then rose again to 15.37 US dollars per kg in 2019. Based on this data, it is predicted that the export price per kilogram of Cotton from Kuwait in 2023 will be around 11.00 US dollars per kg and in 2024 it will be around 16.00 US dollars per kg.The cotton exports from Kuwait are classified as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton, carded or combed (HS code 520300)
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
Kuwait Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Kuwait over the last five years has been quite volatile. In 2012, the price was 1.40 US dollars per kg, which dropped to 0.60 US dollars per kg in 2015. This was followed by a slight increase to 1.00 US dollars per kg in 2016. In 2017, the price skyrocketed to 11.86 US dollars per kg, before dropping to 5.63 US dollars per kg in 2018. The price then rose again to 15.37 US dollars per kg in 2019. Based on this data, it is difficult to predict the prices for 2023 and 2024. However, it is likely that the prices will remain volatile, with potential for both increases and decreases.Export values for Kuwait cotton
The total values in export for cotton in Kuwait were US$ 1, US$ 83, US$ 304 and US$ 538 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Middle East: Bahrain cotton, Cyprus cotton, Iraq cotton, Israel cotton, Jordan cotton, Kuwait cotton, Lebanon cotton, Palestine cotton, Oman cotton & Qatar cotton.
Kuwait cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 35 tonnes of cotton. In 2019 alone, the market for Kuwait cotton (processed category) has shrunk, flactuating by -35.185 % compared to the year 2018. Between 2017 and 2019, cotton's exports increased by 400 percent earning Kuwait US$0.54m for the year 2019. Kuwait's cotton exports are categorised as:
- Cotton, neither carded nor combed (HS code 520100)
- Cotton, carded or combed (HS code 520300)
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton yarn waste, incl. thread waste (HS code 520210)
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Kuwait cotton export values
In 2019, Kuwait shipped cotton costing 0.54m USD, a growth of 77.63% from 2018's total cotton export of 0.304m USD. The yearly growth in value of Kuwait cotton between 2017 to 2018 was 266.265 per cent.
The per year variation in the quantity of Kuwait's cotton exports between 2017 and 2019 was 400 pc in comparison to a variation of -35.185% in the period between 2018 and 2019.
Export markets for Kuwait cotton ( in '000$ )
Kuwait's leading destinations for cotton are United Kingdom (UK), Qatar, Jordan, Iraq and Egypt.
Kuwait ordered 278 tonnes of cotton in 2019.