Report Update Nov 1, 2024

Azerbaijan - Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Cotton-Seed Oil Market 2024

Cotton-Seed Oil Market Size in Azerbaijan

The Azerbaijani cotton-seed oil market skyrocketed to $X in 2021, jumping by 19% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Cotton-seed oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cotton-Seed Oil Production in Azerbaijan

In value terms, cotton-seed oil production surged to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. Cotton-seed oil production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Cotton-Seed Oil Exports

Exports from Azerbaijan

In 2021, cotton-seed oil exports from Azerbaijan shrank dramatically to X tons, dropping by -25.2% against the previous year's figure. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2014 when exports increased by 370% against the previous year. The exports peaked at X tons in 2020, and then contracted dramatically in the following year.

In value terms, cotton-seed oil exports rose remarkably to $X in 2021. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 346% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Tajikistan (X tons) was the main destination for cotton-seed oil exports from Azerbaijan, accounting for a 98% share of total exports. It was followed by Kyrgyzstan (X tons), with a 1.7% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Tajikistan stood at +50.9%.

In value terms, Tajikistan ($X) remains the key foreign market for cotton-seed oil exports from Azerbaijan, comprising 98% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 1.6% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to Tajikistan totaled +49.6%.

Export Prices by Country

The average cotton-seed oil export price stood at $X per ton in 2021, increasing by 52% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kyrgyzstan totaled $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-0.9%).

Cotton-Seed Oil Imports

Imports into Azerbaijan

In 2021, supplies from abroad of cotton-seed oil increased by 795% to X tons, rising for the third consecutive year after two years of decline. In general, imports saw tangible growth. The growth pace was the most rapid in 2020 with an increase of 3,133%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, cotton-seed oil imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 1,302% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the main supplier of cotton-seed oil to Azerbaijan, accounting for a approx. 100% share of total imports.

From 2015 to 2021, the average annual growth rate of volume from Russia totaled +14.6%.

In value terms, Russia ($X) constituted the largest supplier of cotton-seed oil to Azerbaijan.

From 2015 to 2021, the average annual rate of growth in terms of value from Russia totaled +6.4%.

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2021, which is down by -5.8% against the previous year. Overall, the import price showed a slight slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2015 to 2021, the rate of growth in terms of prices for Turkey amounted to +53.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cotton-seed oil in the world?

The countries with the highest volumes of cotton-seed oil consumption in 2020 were China, India and Pakistan, together accounting for 63% of global consumption. Brazil, Turkey, the United States, Uzbekistan, Mexico, Burkina Faso and Mali lagged somewhat behind, together accounting for a further 23%.

What are the largest producers of cotton-seed oil in the world?

The countries with the highest volumes of cotton-seed oil production in 2020 were China, India and Pakistan, together accounting for 63% of global production. Brazil, the United States, Turkey, Uzbekistan, Burkina Faso and Mali lagged somewhat behind, together comprising a further 23%.

What are the leading suppliers of cotton-seed oil to Azerbaijan?

In value terms, Russia constituted the largest supplier of cotton-seed oil to Azerbaijan.

What are the leading importers of cotton-seed oil from Azerbaijan?

In value terms, Tajikistan remains the key foreign market for cotton-seed oil exports from Azerbaijan, comprising 85% of total exports. The second position in the ranking was occupied by Turkey, with a 13% share of total exports.

What is the average export price for cotton-seed oil in Azerbaijan?

In 2020, the average cotton-seed oil export price amounted to $598 per ton, with a decrease of -2.6% against the previous year.

What is the average import price for cotton-seed oil in Azerbaijan?

The average cotton-seed oil import price stood at $874 per ton in 2020, which is down by -3.6% against the previous year.

This report provides an in-depth analysis of the cotton-seed oil market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 331 - Oil of Cottonseed

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023