Honduras: Cotton-Seed Oil Market 2020

Cotton-Seed Oil Market Size in Honduras

The revenue of the cotton-seed oil market in Honduras amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, cotton-seed oil consumption continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Over the period under review, the cotton-seed oil market attained its peak figure level at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Cotton-Seed Oil Production in Honduras

In value terms, cotton-seed oil production amounted to $X in 2018 estimated in export prices. In general, cotton-seed oil production continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2009 when production volume increased by X% year-to-year. Honduras cotton-seed oil production peaked at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

Cotton-Seed Oil Exports

Exports from Honduras

In 2018, the amount of cotton-seed oil exported from Honduras stood at X kg, remaining stable against the previous year. Overall, cotton-seed oil exports continue to indicate a prominent increase. Over the period under review, cotton-seed oil exports attained their maximum at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, cotton-seed oil exports totaled $X in 2018. Overall, cotton-seed oil exports continue to indicate a buoyant expansion. Over the period under review, cotton-seed oil exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, the U.S. (X tons) and Australia (X tons) were the major exporters of cotton-seed oilaround the world, together accounting for approx. X% of total exports. It was distantly followed by Kazakhstan (X tons) and Malaysia (X tons), together generating a X% share of total exports. Benin (X tons), Argentina (X tons), Azerbaijan (X tons), South Africa (X tons), Burkina Faso (X tons) and Brazil (X tons) occupied a minor 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 U.S. ($X), Australia ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

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

Export Prices by Country

The cotton-seed oil export price in Honduras stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the cotton-seed oil export price continues to indicate a relatively flat trend pattern. Honduras export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

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

Cotton-Seed Oil Imports

Imports into Honduras

Cotton-seed oil imports into Honduras totaled X tons in 2018, rising by X% against the previous year. Over the period under review, cotton-seed oil imports, however, continue to indicate a deep decrease. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. In that year, cotton-seed oil imports reached their peak of X tons. From 2010 to 2018, the growth of cotton-seed oil imports failed to regain its momentum.

In value terms, cotton-seed oil imports stood at $X in 2018. Over the period under review, cotton-seed oil imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, cotton-seed oil imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Mexico (X tons), Malaysia (X tons), Australia (X tons), Saudi Arabia (X tons), Tajikistan (X tons), South Africa (X tons), Nigeria (X tons), Germany (X tons), Canada (X tons), India (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons) represented roughly X% of total imports of cotton-seed oil in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Malaysia ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Tajikistan, Nigeria, Canada, South Africa, Germany, India, Uzbekistan, Kyrgyzstan, Saudi Arabia and Honduras lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cotton-seed oil import price in Honduras amounted to $X per ton, coming down by -X% against the previous year. In general, the cotton-seed oil import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the import prices for cotton-seed oil attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for cotton-seed oil failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Saudi Arabia ($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