What is the price of cottonseed oil per kilogram/pound in Morocco today?
The retail price range for Morocco cottonseed oil is between US$ 9.61 and US$ 48.04 per kilogram or between US$ 4.36 and US$ 21.78 per pound(lb). Click here to see today's exact prices of cottonseed oil in Morocco
The retail price range in Moroccan Dirham for cottonseed oil is between MAD 99.04 and MAD 495.21 per kilogram or between MAD 44.92 and MAD 224.58 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco cottonseed oil is between US$ 6.72 and US$ 33.62 per kilogram or between US$ 3.05 and US$ 15.25 per pound(lb).
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Morocco Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Morocco over the last five years has been relatively stable. In 2017, the price was 1.20 US$ per kg, followed by 1.08 US$ per kg in 2018. In 2019, the price dropped to 1.02 US$ per kg, before increasing to 1.11 US$ per kg in 2020. The highest price was recorded in 2021, at 1.59 US$ per kg. Based on this data, it is likely that the export price of cottonseed oil from Morocco will remain relatively stable in the next few years, with a predicted price of 1.20 US$ per kg in 2023 and 1.25 US$ per kg in 2024.Morocco Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Morocco has been relatively stable over the last five years. In 2016, the price was 1.28 US dollars per kg, followed by a slight decrease to 1.20 US dollars per kg in 2017. In 2018, the price dropped further to 1.08 US dollars per kg, and then to 1.02 US dollars per kg in 2019. In 2020, the price increased to 1.11 US dollars per kg, before rising to 1.59 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of cottonseed oil into Morocco will be 1.51 US dollars in 2023 and 1.43 US dollars in 2024.Export values for Morocco cottonseed oil
The total values in export for cottonseed oil in Morocco were US$ 2,079, US$ 2,034, US$ 20,029 and US$ 22,343 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Morocco: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cottonseed oil in other countries across Africa: Algeria cottonseed oil, Angola cottonseed oil, Botswana cottonseed oil, Burundi cottonseed oil, Cameroon cottonseed oil, Cape Verde cottonseed oil, Central African Republic cottonseed oil, Comoros cottonseed oil, DRC Congo cottonseed oil & Benin cottonseed oil.
Morocco cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco exported 21,957 tonnes of cottonseed oil. Through 2019 alone, the interest in Morocco cottonseed oil (processed category) has gone up, changing by 18.764 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went up by 1200 pc netting Morocco US$22.34m for the year 2019. Morocco's cottonseed oil exports are categorised as:
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Morocco cottonseed oil export values
In 2019, Morocco shipped cottonseed oil with a value of 22.34m USD, a surge of 11.54% from 2018's total cottonseed oil export of 20.029m USD. The annual change in value of Morocco cottonseed oil between 2017 to 2018 was 884.71 percent.
The annual variation in the volume of Morocco's cottonseed oil exports between 2017 and 2019 was 1200 per cent compared to a variation of 18.764% in the period between 2018 and 2019.
Morocco's portion of the world's total cottonseed oil's exports in 2019 was less than 1%. Morocco is ranked number 35 in world exports of cottonseed oil.
Export markets for Morocco cottonseed oil ( in '000$ )
Import/Export Trends
Morocco is a net exporter of cottonseed oil. The annual growth of Morocco cottonseed oil in value between 2015 to 2019 was 31%, per year, while annual growth in quantity for the same period was 6%, per annum.
Morocco ordered 8,823 tonnes of cottonseed oil in 2019.