Antigua and Barbuda: Cottonseed Market 2020

Cottonseed Market Size in Antigua and Barbuda

The revenue of the cottonseed market in Antigua and Barbuda amounted to $X in 2018, remaining stable against the previous year. In general, cottonseed consumption continues to indicate measured growth. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. In that year, the cottonseed market reached its peak level of $X. From 2011 to 2018, the growth of the cottonseed market remained at a somewhat lower figure.

Cottonseed Production in Antigua and Barbuda

In value terms, cottonseed production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, cottonseed production reached its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Cottonseed Exports

Exports from Antigua and Barbuda

In 2018, approx. X kg of cottonseed were exported from Antigua and Barbuda; waning by -X% against the previous year. Over the period under review, cottonseed exports, however, continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. In that year, cottonseed exports attained their peak of X kg. From 2016 to 2018, the growth of cottonseed exports remained at a lower figure.

In value terms, cottonseed exports totaled $X in 2018. Overall, cottonseed exports, however, continue to indicate slight growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, cottonseed exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The U.S. (X tons) and Australia (X tons) represented roughly X% of total exports of cottonseed in 2018. It was distantly followed by Greece (X tons), committing a X% share of total exports. Mozambique (X tons), Togo (X tons), Brazil (X tons) and Cote d'Ivoire (X tons) held a relatively small share 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 Antigua and Barbuda, while the other leaders experienced more modest paces of growth.

In value terms, the largest cottonseed markets from Antigua and Barbuda were the U.S. ($X), Australia ($X) and Greece ($X), with a combined X% share of total exports.

Australia experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cottonseed export price in Antigua and Barbuda stood at $X per ton in 2018, growing by X% against the previous year. In general, the cottonseed export price, however, continues to indicate a drastic reduction. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, the export prices for cottonseed reached their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Cote d'Ivoire ($X per ton) and Greece ($X per ton), while Brazil ($X per ton) and Togo ($X per ton) were amongst the lowest.

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

Cottonseed Imports

Imports into Antigua and Barbuda

In 2010, the cottonseed imports into Antigua and Barbuda totaled X tons, jumping by X% against the previous year. Overall, cottonseed imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. In that year, cottonseed imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, cottonseed imports amounted to $X in 2010. Over the period under review, cottonseed imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, cottonseed imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

China represented the largest importer of cottonseed in the world, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2018. South Korea (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Mexico (X%), Italy (X%), Saudi Arabia (X%) and Japan (X%). South Africa (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cottonseed imports, with a CAGR of +X% from 2007 to 2018. At the same time, Saudi Arabia (+X%) and South Korea (+X%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, Japan (-X%), Mexico (-X%) and South Africa (-X%) illustrated a downward trend over the same period. China (+X p.p.), Saudi Arabia (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global imports, while Japan, South Africa and Mexico saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cottonseed into Antigua and Barbuda, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In China, cottonseed imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2018, the cottonseed import price in Antigua and Barbuda amounted to $X per ton, remaining constant against the previous year. In general, the cottonseed import price continues to indicate an outstanding increase. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. In that year, the import prices for cottonseed attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for cottonseed failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per ton), while South Africa ($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