What is the price of cottonseed oil per kilogram/pound in Latvia today?
The retail price range for Latvia cottonseed oil is between US$ 5.75 and US$ 12.50 per kilogram or between US$ 2.61 and US$ 5.67 per pound(lb). Click here to see today's exact prices of cottonseed oil in Latvia
The retail price range in Euro for cottonseed oil is between EUR 5.31 and EUR 11.55 per kilogram or between EUR 2.41 and EUR 5.24 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia cottonseed oil is between US$ 4.02 and US$ 8.75 per kilogram or between US$ 1.82 and US$ 3.97 per pound(lb).
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Latvia cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The amount of cottonseed oil sold by Latvia in 2020 was 421 tonnes. In 2019 Latvia shipped 464 tonnes of cottonseed oil. For 2019 alone, the interest in Latvia cottonseed oil (processed category) has gone up, flactuating by 42.331 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 55.7 percent netting the exporter US$0.50m for the year 2019. Latvia's cottonseed oil exports are classified as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Crude cotton-seed oil (HS code 151221)
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Latvia cottonseed oil export values
In 2019, Latvia shipped cottonseed oil valued at 0.50m USD, an increase of 21.95% from 2018's total cottonseed oil export of 0.41m USD. The yearly increase in value of Latvia cottonseed oil between 2017 to 2018 was 5.128%.
The per year change in the volume of Latvia's cottonseed oil exports between 2017 and 2019 was 55.7% when compared to a variation of 42.331% in the growth rate between 2018 and 2019.
Latvia's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. Latvia is ranked position 71 in world exports of cottonseed oil.
Export markets for Latvia cottonseed oil ( in '000$ )
Latvia's best performing destinations for cottonseed oil are Lithuania.
Import/Export Trends
Latvia is a net importer of cottonseed oil. The annual growth of Latvia cottonseed oil in value between 2015 to 2019 was 12%, per annum, while annual growth in quantity during the same period was 15%, per annum.
Latvia procured 8,456 tonnes of cottonseed oil in 2019.