What is the price of cottonseed oil per kilogram/pound in Kuwait today?
The retail price range for Kuwait cottonseed oil is between US$ 0.67 and US$ 0.86 per kilogram or between US$ 0.30 and US$ 0.39 per pound(lb). Click here to see today's exact prices of cottonseed oil in Kuwait
The retail price range in Kuwaiti Dinar for cottonseed oil is between KWD 0.21 and KWD 0.26 per kilogram or between KWD 0.09 and KWD 0.12 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait cottonseed oil is between US$ 0.47 and US$ 0.60 per kilogram or between US$ 0.21 and US$ 0.27 per pound(lb).
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Kuwait Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Kuwait over the last five years has been relatively stable. In 2017, the price was 1.50 US$ per kg, followed by 1.38 US$ per kg in 2018. In 2019, the price increased to 1.50 US$ per kg, and in 2020, it rose to 1.57 US$ per kg. The most recent year, 2021, saw a significant decrease to 0.67 US$ per kg. Based on this data, it is likely that the export price per kilogram of cottonseed oil from Kuwait will remain around 1.50 US$ per kg in 2023 and 2024.The exports of cottonseed oil from Kuwait 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)
Kuwait Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Kuwait has been relatively stable over the past five years. In 2017, the price was 1.50 US dollars per kg, followed by 1.38 US dollars per kg in 2018. In 2019, the price increased to 1.50 US dollars per kg, and then rose to 1.57 US dollars per kg in 2020. The most recent data shows that the price has dropped to 0.67 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of cottonseed oil into Kuwait will be 0.63 US dollars in 2023 and 0.60 US dollars in 2024.Export values for Kuwait cottonseed oil
The total values in export for cottonseed oil in Kuwait were US$ 1,093, US$ 742, US$ 1,450 and US$ 2,059 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 cottonseed oil in other countries across Middle East: Bahrain cottonseed oil, Cyprus cottonseed oil, Iraq cottonseed oil, Israel cottonseed oil, Jordan cottonseed oil, Kuwait cottonseed oil, Lebanon cottonseed oil, Palestine cottonseed oil, Oman cottonseed oil & Qatar cottonseed oil.
Kuwait cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 1,373 tonnes of cottonseed oil. Across 2019 alone, the interest in Kuwait cottonseed oil (processed category) has escalated, with a change of 30.389 % compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports increased by 176.81 percent bringing the nation US$2.06m for the year 2019. Kuwait's cottonseed oil exports are categorised as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Kuwait cottonseed oil export values
In 2019, Kuwait supplied cottonseed oil worth 2.06m USD, an improvement of 42.07% from 2018's total cottonseed oil export of 1.45m USD. The annual change in value of Kuwait cottonseed oil between 2017 to 2018 was 95.418 pc.
The annual change in the volume of Kuwait's cottonseed oil exports between 2017 and 2019 was 176.81 per cent when compared to a variation of 30.389% in the growth rate between 2018 and 2019.
Export markets for Kuwait cottonseed oil ( in '000$ )
Kuwait's leading destinations for cottonseed oil are Saudi Arabia and Iran.
Kuwait procured 10,290 tonnes of cottonseed oil in 2019.