Indonesia: Cottonseed Market 2025

Cottonseed Market Size in Indonesia

The Indonesian cottonseed market dropped slightly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption continues to indicate a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cottonseed Production in Indonesia

In value terms, cottonseed production declined sharply to $X in 2022 estimated in export price. Overall, production, however, saw a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 59%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of cottonseed in Indonesia amounted to less than X kg per ha in 2022, standing approx. at the previous year. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cottonseed were harvested in Indonesia; remaining stable against 2021 figures. Overall, the harvested area showed a relatively flat trend pattern.

Cottonseed Exports

Exports from Indonesia

In 2022, approx. X tons of cottonseed were exported from Indonesia; growing by 2.4% against 2021 figures. In general, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 78%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, cottonseed exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2015 when exports increased by 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

South Korea (X tons), Japan (X tons) and China (X tons) were the main destinations of cottonseed exports from Indonesia, with a combined 95% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +41.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cottonseed exported from Indonesia were South Korea ($X), Japan ($X) and Malaysia ($X), together comprising 91% of total exports.

Among the main countries of destination, South Korea, with a CAGR of +46.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cottonseed export price stood at $X per ton in 2022, picking up by 23% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cottonseed export price increased by +40.7% against 2018 indices. The growth pace was the most rapid in 2015 an increase of 70% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into Indonesia

In 2022, approx. X tons of cottonseed were imported into Indonesia; with an increase of 5.1% compared with the year before. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2020 when imports increased by 883% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cottonseed imports totaled $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1,609% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), the United States (X tons) and Greece (X tons) were the main suppliers of cottonseed imports to Indonesia, with a combined 100% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +44.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X) constituted the largest supplier of cottonseed to Indonesia, comprising 78% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia stood at +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.8% per year) and Greece (-37.0% per year).

Import Prices by Country

In 2022, the average cottonseed import price amounted to $X per ton, shrinking by -3.5% against the previous year. Overall, the import price faced a abrupt slump. The growth pace was the most rapid in 2020 an increase of 74% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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