Hong Kong SAR, China: Refined Cotton-Seed Oil Market 2025

Refined Cotton-Seed Oil Market Size in Hong Kong SAR, China

The Hong Kong refined cotton-seed oil market contracted modestly to $X in 2022, remaining stable against the previous year. In general, consumption saw a slight descent. The pace of growth was the most pronounced in 2021 when the market value increased by 2.2% against the previous year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Refined Cotton-Seed Oil Production in Hong Kong SAR, China

In value terms, refined cotton-seed oil production fell modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by 2.2% against the previous year. Refined cotton-seed oil production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Refined Cotton-Seed Oil Exports

Exports from Hong Kong SAR, China

In 2022, approx. X kg of refined cotton-seed oil were exported from Hong Kong SAR; waning by -42.9% against the year before. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by 129% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, refined cotton-seed oil exports plummeted to $X in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 136% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Macao SAR (X kg) was the main destination for refined cotton-seed oil exports from Hong Kong SAR, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Macao SAR amounted to -11.9%.

In value terms, Macao SAR ($X) also remains the key foreign market for refined cotton-seed oil exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to Macao SAR stood at -9.3%.

Export Prices by Country

The average refined cotton-seed oil export price stood at $X per ton in 2022, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +2.9% per year.

Refined Cotton-Seed Oil Imports

Imports into Hong Kong SAR, China

Refined cotton-seed oil imports into Hong Kong SAR shrank markedly to X tons in 2022, waning by -18.2% on the previous year. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, refined cotton-seed oil imports contracted notably to $X in 2022. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2016 when imports increased by 72%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X tons) was the main supplier of refined cotton-seed oil to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Japan stood at -4.8%.

In value terms, Japan ($X) constituted the largest supplier of refined cotton-seed oil to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to -7.9%.

Import Prices by Country

In 2022, the average refined cotton-seed oil import price amounted to $X per ton, shrinking by -1.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.4% per year.

Source: IndexBox Platform

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