What is the price of cotton seeds per kilogram/pound in Benin today?
The retail price range for Benin cotton seeds is between US$ 0.98 and US$ 2.94 per kilogram or between US$ 0.45 and US$ 1.34 per pound(lb). Click here to see today's exact prices of cotton seeds in Benin
The retail price range in CFA Franc BCEAO for cotton seeds is between XOF 598.35 and XOF 1,795.06 per kilogram or between XOF 271.36 and XOF 814.09 per pound(lb) in Porto-Novo and Cotonou.
Wholesale prices
In 2024, the approximate wholesale price range for Benin cotton seeds is between US$ 0.69 and US$ 2.06 per kilogram or between US$ 0.31 and US$ 0.93 per pound(lb).
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Benin Cotton Seeds Export Prices - Historical, Trends and Prediction
The export price of Cotton Seeds from Benin has seen a steady increase over the past five years. In 2018, the price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the export price of Cotton Seeds from Benin in 2022 was $0.65 per kilogram. Looking ahead, it is likely that the export price of Cotton Seeds from Benin will continue to increase in the coming years. Based on the data, it is predicted that the price per kilogram in 2023 will be around $0.70, and in 2024 it will be around $0.75.The Benin cotton seeds exports are categorised as:
- Cotton seeds for sowing (HS code 120721)
- Cotton seeds (excluding for sowing) (HS code 120729)
- Cotton seeds, whether or not broken (HS code 120720)
Benin Cotton Seeds Import Prices - Historical, Trends and Prediction
The import price of cotton seeds into Benin has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60 per kilogram, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of cotton seeds into Benin was $0.80 in 2022. This trend of increasing prices suggests that the import price of cotton seeds into Benin is likely to continue to rise in the coming years. Based on this trend, it is likely that the import price per kilogram of cotton seeds into Benin will be around $0.90 in 2023 and $1.00 in 2024.Export values for Benin cotton seeds
The total values in export for cotton seeds in Benin were US$ 2,813, US$ 7,557 and US$ 14,175 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Benin: Linseed (Flax), Rapeseeds (Canola), Sunflower Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of cotton seeds in other countries across Africa: Algeria cotton seeds, Angola cotton seeds, Botswana cotton seeds, Burundi cotton seeds, Cameroon cotton seeds, Cape Verde cotton seeds, Central African Republic cotton seeds, Comoros cotton seeds, DRC Congo cotton seeds & Benin cotton seeds.
Benin cotton seeds - Production, Exports, Imports, Seasons and HS Codes
In 2019 Benin exported 130,889 tonnes of cotton seeds. In 2019 alone, the demand for Benin cotton seeds (oil seeds category) has surged, flactuating by 78.175 pc compared to the year 2018. Between 2017 and 2019, cotton seeds' exports went up by 596.48 pc bringing the nation US$14.18m for the year 2019. Benin's cotton seeds exports are classified as:
- Cotton seeds, whether or not broken (HS code 120720)
- Cotton seeds for sowing (HS code 120721)
- Cotton seeds (excluding for sowing) (HS code 120729)
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Benin cotton seeds export values
In 2019, Benin sold cotton seeds costing 14.18m USD, an increase of 87.64% from 2018's total cotton seeds export of 7.557m USD. The annual increase in value of Benin cotton seeds between 2017 to 2018 was 168.646 percent.
The per year variation in the volume of Benin's cotton seeds exports between 2017 and 2019 was 596.48 percent in comparison to a variation of 78.175% in the period between 2018 and 2019.
Export markets for Benin cotton seeds ( in '000$ )
Benin's leading destinations for cotton seeds are India, South Africa, Bangladesh, Mauritania and Ivory Coast (Côte d'Ivoire
).
Benin imported 0 tonnes of cotton seeds in 2019.
Production
The production of cotton seeds in Benin was 2,375,592 tonnes in 2019 and is estimated to change by an average of 4.47%. The country had approximately 2,150,577.00 hectares under cotton seeds cultivation.