Global Cotton-Seed Oil Market - Production Rose 2.7% to Reach 5.7M Tons in 2018

IndexBox has just published a new report: 'World - Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global cotton-seed oil market revenue amounted to $X in 2018, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The global cotton-seed oil consumption peaked at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of cotton-seed oil consumption in 2018 were India (X tons), China (X tons) and Pakistan (X tons), together comprising X% of global consumption. These countries were followed by Brazil, Australia, Uzbekistan, Turkey, the U.S., Burkina Faso and Myanmar, which together accounted for a further X%.

From 2007 to 2018, the most notable rate of growth in terms of cotton-seed oil consumption, amongst the main consuming countries, was attained by Myanmar, while the other global leaders experienced more modest paces of growth.

In value terms, India ($X) led the market, alone. The second position in the ranking was occupied by China ($X). It was followed by Pakistan.

The countries with the highest levels of cotton-seed oil per capita consumption in 2018 were Australia (X kg per X persons), Uzbekistan (X kg per X persons) and Burkina Faso (X kg per X persons).

From 2007 to 2018, the most notable rate of growth in terms of cotton-seed oil per capita consumption, amongst the main consuming countries, was attained by Myanmar, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for cotton-seed oil worldwide, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tons by the end of 2025.

Production 2007-2018

In 2018, the amount of cotton-seed oil produced worldwide stood at X tons, going up by X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The global cotton-seed oil production peaked in 2018 and is likely to continue its growth in the immediate term.

In value terms, cotton-seed oil production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated a modest increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. The global cotton-seed oil production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Production By Country

The countries with the highest volumes of cotton-seed oil production in 2018 were India (X tons), China (X tons) and Pakistan (X tons), together accounting for X% of global production. These countries were followed by Brazil, Australia, Uzbekistan, the U.S., Turkey, Burkina Faso and Myanmar, which together accounted for a further X%.

From 2007 to 2018, the most notable rate of growth in terms of cotton-seed oil production, amongst the main producing countries, was attained by Australia, while the other global leaders experienced more modest paces of growth.

Exports 2007-2018

In 2018, approx. X tons of cotton-seed oil were exported worldwide; picking up by X% against the previous year. In general, cotton-seed oil exports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. In that year, global cotton-seed oil exports reached their peak of X tons. From 2009 to 2018, the growth of global cotton-seed oil exports remained at a lower figure.

In value terms, cotton-seed oil exports amounted to $X (IndexBox estimates) in 2018. In general, cotton-seed oil exports, however, continue to indicate a temperate deduction. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. In that year, global cotton-seed oil exports attained their peak of $X. From 2009 to 2018, the growth of global cotton-seed oil exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Australia (X tons) represented the key exporters of cotton-seed oil in 2018, resulting at approx. X% and X% of total exports, respectively. Kazakhstan (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Malaysia (X%). The following exporters - Benin (X tons), Argentina (X tons), Azerbaijan (X tons), South Africa (X tons), Burkina Faso (X tons) and Brazil (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia, while the other global leaders experienced more modest paces of growth.

In value terms, the largest cotton-seed oil markets worldwide were the U.S. ($X), Australia ($X) and Kazakhstan ($X), together accounting for X% of global exports.

In terms of the main exporting countries, Australia experienced the highest growth rate of exports, over the last eleven years, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average cotton-seed oil export price amounted to $X per ton, declining by -X% against the previous year. In general, the cotton-seed oil export price continues to indicate a mild descent. The growth pace was the most rapid in 2010 an increase of X% against the previous year. Over the period under review, the average export prices for cotton-seed oil attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

Global imports stood at X tons in 2018, picking up by X% against the previous year. Overall, cotton-seed oil imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The global imports peaked at X tons in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, cotton-seed oil imports totaled $X (IndexBox estimates) in 2018. Overall, cotton-seed oil imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, global cotton-seed oil imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Mexico (X tons), Malaysia (X tons), Australia (X tons), Saudi Arabia (X tons), Tajikistan (X tons), South Africa (X tons), Nigeria (X tons), Germany (X tons), Canada (X tons), India (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons) were the major importers of cotton-seed oil in the world, achieving X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Australia ($X), Malaysia ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of global imports. These countries were followed by Tajikistan, Nigeria, Canada, South Africa, Germany, India, Uzbekistan, Kyrgyzstan and Saudi Arabia, which together accounted for a further X%.

In terms of the main importing countries, Tajikistan experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2018, dropping by -X% against the previous year. Over the period under review, the cotton-seed oil import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the average import prices for cotton-seed oil reached their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform