Gambia: Market for Cotton Lint 2019

Market Size for Cotton Lint in Gambia

The revenue of the market for cotton lint in Gambia amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Gambia consumption of cotton lint peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Production of Cotton Lint in Gambia

In value terms, production of cotton lint amounted to $X in 2018 estimated in export prices. In general, the total output indicated resilient growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, production of cotton lint increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, production of cotton lint attained its peak level of $X. From 2012 to 2018, production of cotton lint growth remained at a lower figure.

Exports of Cotton Lint

Exports by Country

In 2018, the U.S. (X tons) represented the major exporter of cotton lint, generating X% of total exports. India (X tons) held the second position in the ranking, followed by Australia (X tons) and Brazil (X tons). All these countries together held approx. X% share of total exports. The following exporters - Greece (X tons) and Nigeria (X tons) - together made up X% of total exports.

The U.S. experienced a relatively flat trend pattern of cotton lint exports. At the same time, Nigeria (+X%), Australia (+X%), Brazil (+X%) and Greece (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. India experienced a relatively flat trend pattern. From 2007 to 2018, the share of Australia, Brazil and the U.S. increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest cotton lint and cotton seed supplier from Gambia, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Australia (+X% per year).

Export Prices by Country

In 2018, the export price for cotton lint in Gambia amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price for cotton lint continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for cotton lint reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was India ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Imports of Cotton Lint

Imports into Gambia

In 2018, the imports of cotton lint into Gambia totaled X kg, jumping by X% against the previous year. Over the period under review, imports of cotton lint, however, continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Gambia imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, imports of cotton lint amounted to $X in 2018. In general, imports of cotton lint, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. In that year, imports of cotton lint reached their peak of $X. From 2015 to 2018, the growth of imports of cotton lint remained at a somewhat lower figure.

Imports by Country

Vietnam (X tons), China (X tons), Turkey (X tons), Bangladesh (X tons), Indonesia (X tons), Pakistan (X tons) and India (X tons) represented roughly X% of total imports of cotton lint in 2018. Thailand (X tons), Mexico (X tons), South Korea (X tons), Malaysia (X tons) and Taiwan, Chinese (X tons) held a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton lint and cotton seed importing markets into Gambia were Vietnam ($X), China ($X) and Turkey ($X), together comprising X% of total imports.

Vietnam recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the import price for cotton lint in Gambia amounted to $X per ton, waning by -X% against the previous year. In general, the import price for cotton lint, however, continues to indicate an outstanding expansion. The pace of growth was the most pronounced in 2014 when the import price increased by X% y-o-y. In that year, the import prices for cotton lint reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the import prices for cotton lint remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in India ($X per ton) and Bangladesh ($X per ton), while Taiwan, Chinese ($X per ton) and Mexico ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform