What is the price of cottonseed oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam cottonseed oil is between US$ 0.89 and US$ 1.33 per kilogram or between US$ 0.40 and US$ 0.60 per pound(lb). Click here to see today's exact prices of cottonseed oil in Vietnam
The retail price range in Dong for cottonseed oil is between VND 22,205.25 and VND 33,307.88 per kilogram or between VND 10,070.41 and VND 15,105.61 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam cottonseed oil is between US$ 0.62 and US$ 0.93 per kilogram or between US$ 0.28 and US$ 0.42 per pound(lb).
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Vietnam Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Vietnam over the last five years has been relatively stable. In 2014, the price was 1.50 US dollars per kg, which decreased to 1.00 US dollars per kg in 2015. The price then increased slightly to 1.12 US dollars per kg in 2016, before dropping back to 1.00 US dollars per kg in 2017 and remaining at that level in 2018 and 2019. The most recent data shows that the price has increased slightly to 1.05 US dollars per kg in 2020. Based on this data, it is likely that the export price per kilogram of cottonseed oil from Vietnam will remain around 1.05 US dollars per kg in 2023 and 2024.Vietnam Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Vietnam over the last five years has been relatively stable. In 2014, the price was 1.50 US dollars per kg, which decreased to 1.00 US dollars per kg in 2015. The price then increased slightly to 1.12 US dollars per kg in 2016, before returning to 1.00 US dollars per kg in 2017 and 2018. The price remained at 1.00 US dollars per kg in 2019, before increasing to 1.05 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of cottonseed oil into Vietnam will remain relatively stable in the coming years. We can predict that the price will be around 1.05 US dollars per kg in 2023 and 2024.Export values for Vietnam cottonseed oil
The total values in export for cottonseed oil in Vietnam were US$ 19, US$ 3, US$ 13 and US$ 7 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: 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.
Vietnam cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 7 tonnes of cottonseed oil. In 2019 alone, the market for Vietnam cottonseed oil (processed category) has shrunk, recording a change of -46.154 % compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports went up by 133.33 percent netting the country US$0.01m for the year 2019. Vietnam's cottonseed oil exports are classified as:
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Crude cotton-seed oil (HS code 151221)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Vietnam cottonseed oil export values
In 2019, Vietnam sold cottonseed oil costing 0.01m USD, a reduction of -23.08% from 2018's total cottonseed oil export of 0.013m USD. The annual reduction in value of Vietnam cottonseed oil between 2017 to 2018 was 333.333%.
The annual/yearly variation in the quantity of Vietnam's cottonseed oil exports between 2017 and 2019 was 133.33% when compared to a variation of -46.154% in the growth rate between 2018 and 2019.
Vietnam's stake of the world's total cottonseed oil's exports in 2019 was 11.2%. Vietnam holds number 3 in world exports of cottonseed oil.
Export markets for Vietnam cottonseed oil ( in '000$ )
Import/Export Trends
Vietnam is a net exporter of cottonseed oil. The annual growth of Vietnam cottonseed oil in value between 2015 to 2019 was 3%, per year, while annual growth in quantity for the same period was 4%, per annum.
Vietnam purchased 15,301 tonnes of cottonseed oil in 2019.