What is the price of cotton per kilogram/pound in Mali today?
The retail price range for Mali cotton is between US$ 0.78 and US$ 1.56 per kilogram or between US$ 0.35 and US$ 0.71 per pound(lb). Click here to see today's exact prices of cotton in Mali
The retail price range in CFA Franc BCEAO for cotton is between XOF 474.59 and XOF 949.17 per kilogram or between XOF 215.23 and XOF 430.46 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2024, the approximate wholesale price range for Mali cotton is between US$ 0.54 and US$ 1.09 per kilogram or between US$ 0.25 and US$ 0.49 per pound(lb).
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Mali Cotton Export Prices - Historical, Trends and Prediction
The export price of cotton from Mali over the last five years has been quite varied. In 2016, the price per kilogram was 1.34 US dollars, which decreased to 1.43 US dollars in 2017. However, in 2018, the price increased to 1.72 US dollars and then further increased to 2.66 US dollars in 2019. Unfortunately, due to the pandemic, the price dropped to 0.00 US dollars in 2020 and 2021. Based on this trend, it is predicted that the export price of cotton from Mali in 2023 will be around 1.90 US dollars per kilogram and in 2024 it will be around 2.50 US dollars per kilogram.The cotton exports from Mali are categorised as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
Mali Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Mali over the last five years has seen a significant fluctuation. In 2012, the price was 2.46 US dollars per kg, which decreased to 1.34 US dollars per kg in 2016. This was followed by a slight increase to 1.43 US dollars per kg in 2017 and further to 1.72 US dollars per kg in 2018. However, the price saw a sharp rise in 2019, reaching 2.66 US dollars per kg. Unfortunately, the price dropped to 0.00 US dollars per kg in 2020 and 2021. Based on this data, it is predicted that the import price per kilogram of Cotton into Mali in 2023 will be 1.90 US dollars per kg and in 2024 it will be 2.08 US dollars per kg.Export values for Mali cotton
The total values in export for cotton in Mali were US$ 264,732, US$ 133,337, US$ 472,608 and US$ 423,828 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Mali: 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.
Mali cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mali shipped 159,054 tonnes of cotton. For the year 2019 alone, the demand for Mali cotton (processed category) has gone down, recording a change of -42.122 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports grew by 70.24% netting Mali US$423.83m for the year 2019. Mali's cotton exports are classified as:
- Cotton, carded or combed (HS code 520300)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton linters (HS code 140420)
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Mali cotton export values
In 2019, Mali sold cotton worth 423.83m USD, a decrease of -10.32% from 2018's total cotton export of 472.608m USD. The annual change in value of Mali cotton between 2017 to 2018 was 254.446 per cent.
The annual change in the quantity of Mali's cotton exports between 2017 and 2019 was 70.24 per cent when compared to a variation of -42.122% in the growth rate between 2018 and 2019.
Export markets for Mali cotton ( in '000$ )
Mali's best performing export markets for cotton are Portugal, Mauritania, Ivory Coast (Côte d'Ivoire
), Singapore and Algeria.
Mali ordered 5 tonnes of cotton in 2019.