Guinea-Bissau: Market for Cotton Lint 2019

Market Size for Cotton Lint in Guinea-Bissau

The revenue of the market for cotton lint in Guinea-Bissau amounted to $X in 2018, lowering by -X% against the previous year. Overall, consumption of cotton lint continues to indicate a deep slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Guinea-Bissau consumption of cotton lint peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Production of Cotton Lint in Guinea-Bissau

In value terms, production of cotton lint stood at $X in 2018 estimated in export prices. In general, production of cotton lint continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2010 when production volume increased by X% year-to-year. Guinea-Bissau production of cotton lint peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Exports of Cotton Lint

Exports from Guinea-Bissau

Exports of cotton lint from Guinea-Bissau amounted to X tons in 2018, growing by X% against the previous year. Overall, exports of cotton lint continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports of cotton lint attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, exports of cotton lint amounted to $X in 2018. In general, exports of cotton lint continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Guinea-Bissau exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

The U.S. represented the largest exporting country with an export of about X tons, which recorded X% of total exports. India (X tons) ranks second in terms of the total exports with a X% share, followed by Australia (X%) and Brazil (X%). 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. ($X) remains the largest cotton lint and cotton seed supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Australia, with a X% share.

In the U.S., exports of cotton lint increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Australia (+X% per year).

Export Prices by Country

The export price for cotton lint in Guinea-Bissau stood at $X per ton in 2018, approximately mirroring the previous year. Overall, the export price for cotton lint, however, continues to indicate a deep drop. The pace of growth appeared the most rapid in 2009 when the export price increased by X% against the previous year. Over the period under review, the export prices for cotton lint reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 Guinea-Bissau

In 2018, the imports of cotton lint into Guinea-Bissau amounted to X kg, jumping by X% against the previous year. Overall, imports of cotton lint continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. In that year, imports of cotton lint reached their peak of X kg. From 2017 to 2018, the growth of imports of cotton lint failed to regain its momentum.

In value terms, imports of cotton lint stood at $X in 2018. In general, imports of cotton lint continue to indicate prominent growth. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. In that year, imports of cotton lint attained their peak of $X. From 2017 to 2018, the growth of imports of cotton lint remained at a 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 little 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, Vietnam ($X), China ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Vietnam recorded the highest growth rate of 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

The import price for cotton lint in Guinea-Bissau stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the import price for cotton lint continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the import price increased by X% y-o-y. Guinea-Bissau import price peaked at $X per ton in 2017, and then declined slightly in the following year.

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