Finland: Cotton-Seed Oil Market 2025

Cotton-Seed Oil Market Size in Finland

The Finnish cotton-seed oil market shrank remarkably to $X in 2021, which is down by -19.4% against the previous year. Over the period under review, consumption saw a slight reduction. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Cotton-Seed Oil Production in Finland

In value terms, cotton-seed oil production reduced to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Cotton-Seed Oil Exports

Exports from Finland

In 2018, approx. X kg of cotton-seed oil were exported from Finland; standing approx. at 2017 figures. Overall, exports faced a sharp decrease. The smallest decline of 99.9% was in 2017. The exports peaked at X kg in 2012; however, from 2013 to 2018, the exports remained at a lower figure.

In value terms, cotton-seed oil exports stood at $X in 2018. In general, exports saw a dramatic contraction. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X kg) was the main destination for cotton-seed oil exports from Finland, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Ghana was relatively modest.

From 2012 to 2018, the average annual growth rate of value to Ghana was relatively modest.

Export Prices by Country

The average cotton-seed oil export price stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2012 to 2018, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Cotton-Seed Oil Imports

Imports into Finland

In 2021, imports of cotton-seed oil into Finland reduced rapidly to X kg, which is down by -43.1% on 2020 figures. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 81% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, cotton-seed oil imports declined remarkably to $X in 2021. In general, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2017 when imports increased by 106% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X kg), Sweden (X kg) and Germany (X kg) were the main suppliers of cotton-seed oil imports to Finland, together accounting for 99.9% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of -0.2%), while imports for the other leaders experienced a decline.

In value terms, Sweden ($X) constituted the largest supplier of cotton-seed oil to Finland, comprising 79% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-92.2% per year) and Germany (-40.5% per year).

Import Prices by Country

In 2021, the average cotton-seed oil import price amounted to $X per ton, increasing by 4% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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