What is the price of cottonseed oil per kilogram/pound in Thailand today?
The retail price range for Thailand cottonseed oil is between US$ 1.41 and US$ 4.17 per kilogram or between US$ 0.64 and US$ 1.89 per pound(lb). Click here to see today's exact prices of cottonseed oil in Thailand
The retail price range in Baht for cottonseed oil is between THB 48.28 and THB 143.18 per kilogram or between THB 21.90 and THB 64.93 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand cottonseed oil is between US$ 0.98 and US$ 2.92 per kilogram or between US$ 0.45 and US$ 1.32 per pound(lb).
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Thailand Cottonseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of cottonseed oil from Thailand has seen a steady decline over the past five years. In 2017, the price was 1.28 US$ per kg, and in 2021 it was 1.75 US$ per kg. The lowest price was recorded in 2014, when it was 1.45 US$ per kg. The price has been increasing since then, reaching 1.3 US$ per kg in 2020. Looking ahead, it is expected that the price of cottonseed oil will continue to rise, reaching 2.32 US$ per kg in 2022. Predicted prices for 2023 and 2024 are 2.45 US$ per kg and 2.60 US$ per kg respectively.The cottonseed oil exports from Thailand 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)
Thailand Cottonseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of cottonseed oil into Thailand has seen a steady decline over the past five years. In 2012, the price was 3.62 US dollars per kg, but by 2021, it had dropped to 1.75 US dollars per kg. This represents a decrease of over 50% in the price of cottonseed oil. The price has remained relatively stable since then, with a slight increase to 1.3 US dollars per kg in 2020. Looking ahead, we can predict that the price of cottonseed oil will continue to remain relatively stable, with an estimated price of 1.86 US dollars per kg in 2023 and 1.94 US dollars per kg in 2024.Export values for Thailand cottonseed oil
The total values in export for cottonseed oil in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: 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.
Thailand cottonseed oil - Production, Exports, Imports, Seasons and HS Codes
The volume of cottonseed oil shipped by Thailand in 2020 was 5,732 tonnes. In 2019 Thailand shipped 4,604 tonnes of cottonseed oil. For the year 2019 alone, the demand for Thailand cottonseed oil (processed category) has been constant, compared to the year 2018. Between the years 2017 and 2019 the exports were negligible, bringing the country very little foreign income. Thailand'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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Thailand cottonseed oil export values
Between the years 2011 and 2020, Thailand exported cottonseed oil valued at US$ 0.
The yearly variation in the quantity of Thailand's cottonseed oil exports between 2017 and 2019 remained stable.
Thailand's stake of the world's total cottonseed oil's exports in 2019 was 3.8 percent. The country holds position 6 in world exports of cottonseed oil.
Export markets for Thailand cottonseed oil ( in '000$ )
Thailand's best performing destinations for cottonseed oil are Lao (Laos), China, Switzerland, the Netherlands and United Arab Emirates (UAE).
Import/Export Trends
Thailand is a net exporter of cottonseed oil. The annual growth of Thailand cottonseed oil in value between 2015 to 2019 was -2%, per year, while annual growth in quantity was -4%, per annum.
Thailand ordered 25,746 tonnes of cottonseed oil in 2019.