What is the price of cottonseed oil per kilogram/pound in Malaysia today?
The retail price range for Malaysia cottonseed oil is between US$ 7.68 and US$ 8.08 per kilogram or between US$ 3.48 and US$ 3.67 per pound(lb). Click here to see today's exact prices of cottonseed oil in Malaysia
The retail price range in Malaysian Ringgit for cottonseed oil is between MYR 34.86 and MYR 36.67 per kilogram or between MYR 15.81 and MYR 16.63 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia cottonseed oil is between US$ 5.38 and US$ 5.66 per kilogram or between US$ 2.44 and US$ 2.57 per pound(lb).
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Malaysia Cottonseed Oil Export Prices - Historical, Trends and Prediction
In the years 2014, 2015, 2016, 2017 and 2018, the export prices of cottonseed oil from Malaysia were US$ 7.60, US$ 9.75, US$ 13.07, US$ 22.25 and US$ 16.51 per Kg respectively. For 2021, the export price was US$ 20.89 per Kg. It is difficult to predict the export price for 2023, as it is dependent on various factors such as market conditions, supply and demand, etc.The exports of cottonseed oil from Malaysia 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)
Malaysia Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Malaysia has been relatively stable over the last five years. In 2016, the price was 1.24 US dollars per kg, followed by 1.28 US dollars per kg in 2017, 1.26 US dollars per kg in 2018, 1.24 US dollars per kg in 2019 and 1.39 US dollars per kg in 2020. The price then increased significantly in 2021 to 1.95 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of cottonseed oil into Malaysia will remain above 1.50 US dollars per kg in 2023 and 2024.Export values for Malaysia cottonseed oil
The total values in export for cottonseed oil in Malaysia were US$ 67,793, US$ 75,366, US$ 84,391 and US$ 96,383 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cottonseed oil in other countries across Asia: Kazakhstan cottonseed oil, Kyrgyzstan cottonseed oil, Tajikistan cottonseed oil, Turkmenistan cottonseed oil, Uzbekistan cottonseed oil, China cottonseed oil, Hong Kong cottonseed oil, Macao cottonseed oil, North Korea cottonseed oil & Mongolia cottonseed oil.
Malaysia cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The volume of cottonseed oil sold by Malaysia in 2020 was 82,889 tons. In 2019 Malaysia exported 83,922 tonnes of cottonseed oil. For 2019 alone, the market for Malaysia cottonseed oil (processed category) has increased, with a change of 9.749 per cent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports increased by 27.2 pc netting the country US$96.38m for the year 2019. Malaysia's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Malaysia cottonseed oil export values
In 2019, Malaysia shipped cottonseed oil valued at 96.38m USD, an improvement of 14.21% from 2018's total cottonseed oil export of 84.391m USD. The annual change in value of Malaysia cottonseed oil between 2017 to 2018 was 11.975 pc.
The annual/yearly variation in the amount of Malaysia's cottonseed oil exports between 2017 and 2019 was 27.2 percent when compared to a variation of 9.749% in the growth rate between 2018 and 2019.
Malaysia's portion of the world's total cottonseed oil's exports in 2019 was 1.4%. The country is ranked position 11 in world exports of cottonseed oil.
Export markets for Malaysia cottonseed oil ( in '000$ )
Malaysia's best performing destinations for cottonseed oil are Australia, Singapore, New Zealand, South Korea and Qatar.
Import/Export Trends
Malaysia is a net exporter of cottonseed oil. The annual growth of Malaysia cottonseed oil in value between 2015 to 2019 was 7%, per year, while annual growth in quantity during the same period was 8%, per annum.
Malaysia purchased 54,178 tonnes of cottonseed oil in 2019.