Albania: Cotton-Seed Oil Market 2020

Cotton-Seed Oil Market Size in Albania

The revenue of the cotton-seed oil market in Albania amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, cotton-seed oil consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. In that year, the cotton-seed oil market reached its peak level of $X. From 2010 to 2018, the growth of the cotton-seed oil market remained at a lower figure.

Cotton-Seed Oil Production in Albania

In value terms, cotton-seed oil production totaled $X in 2018 estimated in export prices. Overall, cotton-seed oil production continues to indicate a moderate decline. The growth pace was the most rapid in 2009 when production volume increased by X% y-o-y. In that year, cotton-seed oil production reached its peak level of $X. From 2010 to 2018, cotton-seed oil production growth failed to regain its momentum.

Cotton-Seed Oil Exports

Exports from Albania

In 2018, the exports of cotton-seed oil from Albania stood at X kg, leveling off at the previous year. In general, cotton-seed oil exports continue to indicate a relatively flat trend pattern. Over the period under review, cotton-seed oil exports reached their peak figure at X tons in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, cotton-seed oil exports amounted to $X in 2018. In general, cotton-seed oil exports continue to indicate a relatively flat trend pattern. Over the period under review, cotton-seed oil exports reached their maximum at $X in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Australia (X tons) represented the major exporters of cotton-seed oil in 2018, recording near X% and X% of total exports, respectively. Kazakhstan (X tons) held the next position in the ranking, followed by Malaysia (X tons). All these countries together took approx. X% share of total exports. 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 leaders experienced more modest paces of growth.

In value terms, the largest cotton-seed oil markets from Albania were the U.S. ($X), Australia ($X) and Kazakhstan ($X), with a combined X% share of total exports.

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

Export Prices by Country

The cotton-seed oil export price in Albania stood at $X per ton in 2018, remaining stable against the previous year. Overall, the cotton-seed oil export price continues to indicate a relatively flat trend pattern. Albania export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 leaders experienced more modest paces of growth.

Cotton-Seed Oil Imports

Imports into Albania

In 2018, the amount of cotton-seed oil imported into Albania stood at X tons, lowering by -X% against the previous year. Overall, cotton-seed oil imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Albania imports peaked at X tons in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, cotton-seed oil imports amounted to $X in 2018. Overall, cotton-seed oil imports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Albania imports peaked at $X in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

Imports by Country

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) represented roughly X% of total imports of cotton-seed oil in 2018.

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 leaders experienced more modest paces of growth.

In value terms, the largest cotton-seed oil importing markets into Albania were Australia ($X), Malaysia ($X) and Mexico ($X), with a combined X% share of total imports. These countries were followed by Tajikistan, Nigeria, Canada, South Africa, Germany, India, Uzbekistan, Kyrgyzstan, Saudi Arabia and Albania, which together accounted for a further X the main importing countries, Tajikistan experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cotton-seed oil import price in Albania amounted to $X per ton, approximately reflecting the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Albania import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

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 leaders experienced more modest paces of growth.

Source: IndexBox Platform