What is the price of cottonseed oil per kilogram/pound in Lebanon today?
The retail price range for Lebanon cottonseed oil is between US$ 0.48 and US$ 0.87 per kilogram or between US$ 0.22 and US$ 0.39 per pound(lb). Click here to see today's exact prices of cottonseed oil in Lebanon
The retail price range in Lebanese Pound for cottonseed oil is between LBP 7,302.27 and LBP 13,144.09 per kilogram or between LBP 3,311.69 and LBP 5,961.04 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon cottonseed oil is between US$ 0.34 and US$ 0.61 per kilogram or between US$ 0.15 and US$ 0.28 per pound(lb).
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Lebanon Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Lebanon over the last five years has been relatively stable. In 2017, the price was 1.26 US $ per kg, followed by 1.25 US $ per kg in 2018, 1.22 US $ per kg in 2019, 1.20 US $ per kg in 2020, and 1.70 US $ per kg in 2021. This indicates a slight increase in the price of cottonseed oil from Lebanon over the last five years. Based on this trend, it is predicted that the export price per kilogram of cottonseed oil from Lebanon in 2023 will be around 1.72 US $ per kg and in 2024 will be around 1.74 US $ per kg.The Lebanon 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)
Lebanon Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Lebanon over the last five years has been relatively stable. In 2016, the price was 1.33 US dollars per kg, followed by 1.26 US dollars per kg in 2017. In 2018 and 2019, the price dropped to 1.25 and 1.22 US dollars per kg respectively. The price then increased to 1.20 US dollars per kg in 2020, before rising to 1.70 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of cottonseed oil into Lebanon in 2023 will be 1.20 US dollars per kg, and in 2024 it will be 1.70 US dollars per kg.Export values for Lebanon cottonseed oil
The total values in export for cottonseed oil in Lebanon were US$ 3,400, US$ 3,102, US$ 3,764 and US$ 3,380 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lebanon: 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.
Lebanon cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon sold 2,774 tonnes of cottonseed oil. For 2019 alone, the demand for Lebanon cottonseed oil (processed category) has shrunk, recording a change of -7.718 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports grew by 12.67% bringing the country US$3.38m for the year 2019. Lebanon's cottonseed oil exports are categorised as:
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
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Lebanon cottonseed oil export values
In 2019, Lebanon shipped cottonseed oil with a value of 3.38m USD, a reduction of -10.20% from 2018's total cottonseed oil export of 3.764m USD. The yearly change in value of Lebanon cottonseed oil between 2017 to 2018 was 21.341 per cent.
The annual/yearly change in the volume of Lebanon's cottonseed oil exports between 2017 and 2019 was 12.67 per cent compared to a variation of -7.718% in the period between 2018 and 2019.
Lebanon's share of the world's total cottonseed oil's exports in 2019 was less than 1%. The country is ranked position 114 in world exports of cottonseed oil.
Export markets for Lebanon cottonseed oil ( in '000$ )
Lebanon's top destinations for cottonseed oil are Ghana, Libya, Liberia, Ivory Coast (Côte d'Ivoire
) and Guinea.
Import/Export Trends
Lebanon is a net importer of cottonseed oil. The annual growth of Lebanon cottonseed oil in value between 2015 to 2019 was -16%, per year, while annual growth in quantity for the same period was %, per annum.
Lebanon ordered 33,519 tonnes of cottonseed oil in 2019.