What is the price of cotton per kilogram/pound in Lesotho today?
The retail price range for Lesotho cotton is between US$ 1.43 and US$ 2.02 per kilogram or between US$ 0.65 and US$ 0.92 per pound(lb). Click here to see today's exact prices of cotton in Lesotho
The retail price range in Rand for cotton is between ZAR 27.76 and ZAR 39.25 per kilogram or between ZAR 12.59 and ZAR 17.80 per pound(lb) in Maseru and Leribe.
Wholesale prices
In 2024, the approximate wholesale price range for Lesotho cotton is between US$ 1.00 and US$ 1.41 per kilogram or between US$ 0.45 and US$ 0.64 per pound(lb).
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Lesotho Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Lesotho over the last five years has been quite varied. In 2016, the price was 0.77 US $ per kg, followed by a significant increase to 1.4 US $ per kg in 2017. The price then dropped slightly to 1.39 US $ per kg in 2018, before rising to 2.37 US $ per kg in 2019. The price then decreased to 2.35 US $ per kg in 2020, before dropping to 0.0 US $ per kg in 2021. Based on this data, it is difficult to predict the prices for 2023 and 2024.Lesotho Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of cotton into Lesotho over the last five years has been quite volatile. In 2012, the price was 1.34 US dollars per kg. This increased to 3.37 US dollars per kg in 2014, before peaking at 7.2 US dollars per kg in 2015. However, the price then dropped significantly to 0.77 US dollars per kg in 2016, before gradually increasing to 1.4 US dollars per kg in 2017 and 1.39 US dollars per kg in 2018. The price then rose again to 2.37 US dollars per kg in 2019 and 2.35 US dollars per kg in 2020. The price for 2021 is 0.00 US dollars per kg. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data, it is likely that the price will remain relatively stable in the coming years.Export values for Lesotho cotton
The total values in export for cotton in Lesotho were US$ 2,400, US$ 3,034, US$ 1,525 and US$ 3,770 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lesotho: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Africa: Algeria cotton, Angola cotton, Botswana cotton, Burundi cotton, Cameroon cotton, Cape Verde cotton, Central African Republic cotton, Comoros cotton, DRC Congo cotton & Benin cotton.
Lesotho cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lesotho shipped 1,591 tonnes of cotton. Through 2019 alone, the interest in Lesotho cotton (processed category) has improved, flactuating by 45.032 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports went down by -26.34% bringing the exporter US$3.77m for the year 2019. Lesotho's cotton exports are categorised as:
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, carded or combed (HS code 520300)
- Cotton linters (HS code 140420)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Garnetted stock of cotton (HS code 520291)
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Lesotho cotton export values
In 2019, Lesotho shipped cotton worth 3.77m USD, an increase of 147.21% from 2018's total cotton export of 1.525m USD. The yearly change in value of Lesotho cotton between 2017 to 2018 was -49.736%.
The annual/yearly change in the amount of Lesotho's cotton exports between 2017 and 2019 was -26.34 pc when compared to a variation of 45.032% in the growth rate between 2018 and 2019.
Export markets for Lesotho cotton ( in '000$ )
Lesotho procured 9,553 tonnes of cotton in 2019.