Ethiopia: Cottonseed Market 2025

Cottonseed Market Size in Ethiopia

The Ethiopian cottonseed market dropped slightly to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cottonseed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cottonseed Production in Ethiopia

In value terms, cottonseed production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 126% against the previous year. Cottonseed production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of cottonseed in Ethiopia totaled less than X kg per ha in 2022, flattening at 2021. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cottonseed were harvested in Ethiopia; remaining stable against 2021 figures. Overall, the harvested area saw a relatively flat trend pattern.

Cottonseed Exports

Exports from Ethiopia

For the third consecutive year, Ethiopia recorded decline in shipments abroad of cottonseed, which decreased by -4.2% to X tons in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 2.4% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, cottonseed exports dropped markedly to $X in 2022. Over the period under review, exports showed a abrupt slump. The smallest decline of -15.9% was in 2021. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for cottonseed exports from Ethiopia, with a 56% share of total exports. Moreover, cottonseed exports to the United States exceeded the volume sent to the second major destination, Turkey (X tons), threefold. Vietnam (X tons) ranked third in terms of total exports with a 6.7% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United States totaled +133.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-1.5% per year) and Vietnam (-14.5% per year).

In value terms, the United States ($X) remains the key foreign market for cottonseed exports from Ethiopia, comprising 50% of total exports. The second position in the ranking was held by Turkey ($X), with a 16% share of total exports. It was followed by Yemen, with a 7.7% share.

From 2013 to 2022, the average annual growth rate of value to the United States stood at +75.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-20.1% per year) and Yemen (-29.6% per year).

Export Prices by Country

The average cottonseed export price stood at $X per ton in 2022, waning by -26.1% against the previous year. Overall, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2017 a decrease of -13.3%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-8.3%), while the prices for the other major destinations experienced a decline.

Cottonseed Imports

Imports into Ethiopia

In 2022, purchases abroad of cottonseed increased by 9.6% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2013 with an increase of 3,523%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, cottonseed imports surged to $X in 2022. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 1,016%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of cottonseed to Ethiopia, with a 46% share of total imports. Moreover, cottonseed imports from the Netherlands exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +63.8%.

In value terms, the Netherlands ($X) constituted the largest supplier of cottonseed to Ethiopia, comprising 48% of total imports. The second position in the ranking was taken by India ($X), with a 4.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +223.1%.

Import Prices by Country

In 2022, the average cottonseed import price amounted to $X per ton, with an increase of 74% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 555%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+97.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform