What is the price of cottonseed oil per kilogram/pound in South Africa today?
The retail price range for South Africa cottonseed oil is between US$ 15.54 and US$ 17.48 per kilogram or between US$ 7.05 and US$ 7.93 per pound(lb). Click here to see today's exact prices of cottonseed oil in South Africa
The retail price range in Rand for cottonseed oil is between ZAR 301.94 and ZAR 339.68 per kilogram or between ZAR 136.93 and ZAR 154.05 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa cottonseed oil is between US$ 10.88 and US$ 12.24 per kilogram or between US$ 4.93 and US$ 5.55 per pound(lb).
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South Africa Cottonseed Oil Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of cottonseed oil from South Africa were US$ 14.87, US$ 9.85, US$ 13.55, US$ 16.73 and US$ 21.44 per Kg respectively. For 2021, the export price was US$ 15.83 per Kg. For 2023, the predicted export price is US$ 17.00 per Kg.The South Africa cottonseed oil exports are classified as:
- 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)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
South Africa Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into South Africa has been relatively stable over the last five years. In 2017, the price was $1.18, followed by $1.19 in 2018, $1.07 in 2019, $1.15 in 2020, and $1.67 in 2021. This indicates a slight increase in the price of cottonseed oil over the last five years. Looking ahead, we can predict that the price of cottonseed oil in South Africa will continue to rise, with an estimated price of $2.13 in 2022 and $2.20 in 2023. In 2024, we can expect the price to reach $2.27.Export values for South Africa cottonseed oil
The total values in export for cottonseed oil in South Africa were US$ 89,525, US$ 86,660, US$ 68,897 and US$ 73,358 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: 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.
South Africa cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 15,908,449 tonnes of cottonseed oil. Across 2019 alone, the interest in South Africa cottonseed oil (processed category) has climbed, changing by 11649.658 percent compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports increased by 17.74% netting the country US$73.36m for the year 2019. South Africa's cottonseed oil exports are classified as:
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
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South Africa cottonseed oil export values
In 2019, South Africa sold cottonseed oil valued at 73.36m USD, a growth of 6.48% from 2018's total cottonseed oil export of 68.897m USD. The yearly change in value of South Africa cottonseed oil between 2017 to 2018 was -20.497 pc.
The annual/yearly variation in the quantity of South Africa's cottonseed oil exports between 2017 and 2019 was 17.74 percent compared to a variation of 11649.658% in the period between 2018 and 2019.
South Africa's portion of the world's total cottonseed oil's exports in 2019 was less than 1%. South Africa holds number 64 in world exports of cottonseed oil.
Export markets for South Africa cottonseed oil ( in '000$ )
South Africa's top destinations for cottonseed oil are Saudi Arabia, Lesotho, Namibia, Botswana and Ethiopia.
Import/Export Trends
South Africa is a net importer of cottonseed oil. The annual growth of South Africa cottonseed oil in value between 2015 to 2019 was -6%, per year, while annual growth in quantity for the same period was -12%, per annum.
South Africa imported 19,407 tonnes of cottonseed oil in 2019.