Democratic Republic of the Congo: Cottonseed Market 2020

Cottonseed Market Size in Democratic Republic of the Congo

The revenue of the cottonseed market in Democratic Republic of the Congo amounted to $X in 2018, dropping by -X% against the previous year. In general, cottonseed consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the cottonseed market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Cottonseed Production in Democratic Republic of the Congo

In value terms, cottonseed production amounted to $X in 2018 estimated in export prices. In general, cottonseed production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Democratic Republic of the Congo cottonseed production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Cottonseed Exports

Exports from Democratic Republic of the Congo

Cottonseed exports from Democratic Republic of the Congo totaled X tons in 2015, remaining stable against the previous year. Over the period under review, cottonseed exports continue to indicate a deep deduction. Democratic Republic of the Congo exports peaked at X tons in 2013; however, from 2014 to 2015, exports stood at a somewhat lower figure.

In value terms, cottonseed exports totaled $X in 2015. Overall, cottonseed exports continue to indicate a precipitous curtailment. Over the period under review, cottonseed exports reached their peak figure at $X in 2013; however, from 2014 to 2015, exports failed to regain their momentum.

Exports by Country

In 2018, the U.S. (X tons) and Australia (X tons) represented the largest exporters of cottonseedaround the world, together reaching near X% of total exports. It was distantly followed by Greece (X tons), comprising a X% share of total exports. Mozambique (X tons), Togo (X tons), Brazil (X tons) and Cote d'Ivoire (X tons) occupied a little 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 Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest cottonseed markets from Democratic Republic of the Congo were the U.S. ($X), Australia ($X) and Greece ($X), together accounting for X% of total exports.

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

Export Prices by Country

In 2018, the cottonseed export price in Democratic Republic of the Congo amounted to $X per ton, leveling off at the previous year. Overall, the cottonseed export price continues to indicate a deep curtailment. Democratic Republic of the Congo export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

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 Democratic Republic of the Congo

Cottonseed imports into Democratic Republic of the Congo stood at X kg in 2018, declining by -X% against the previous year. Overall, cottonseed imports continue to indicate an abrupt decline. The pace of growth appeared the most rapid in 2014 with a decrease of -X% y-o-y. Democratic Republic of the Congo imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, cottonseed imports totaled $X in 2018. Overall, cottonseed imports continue to indicate a measured slump. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. In that year, cottonseed imports attained their peak of $X. From 2017 to 2018, the growth of cottonseed imports remained at a lower figure.

Imports by Country

China was the major importer of cottonseed in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2018. South Korea (X tons) held the second position in the ranking, followed by Mexico (X tons), Italy (X tons), Saudi Arabia (X tons) and Japan (X tons). All these countries together took approx. X% share of total imports. 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. While the share of China (+X p.p.), Saudi Arabia (+X p.p.) and South Korea (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.), South Africa (-X p.p.) and Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. 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 Democratic Republic of the Congo amounted to $X per ton, going down by -X% against the previous year. Overall, the cottonseed import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the import price increased by X% y-o-y. In that year, the import prices for cottonseed attained their peak level of $X per ton. From 2017 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