Middle East - Crude Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMiddle East: Cotton-Seed Oil Market 2024
Cotton-Seed Oil Market Size in the Middle East
The Middle Eastern cotton-seed oil market surged to $X in 2021, increasing by 151% against the previous year. Over the period under review, consumption continues to indicate a significant increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.
Cotton-Seed Oil Production in the Middle East
In value terms, cotton-seed oil production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a sharp shrinkage. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Cotton-Seed Oil Exports
Exports in the Middle East
In 2021, shipments abroad of crude cotton-seed oil was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cotton-seed oil exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Turkey prevails in exports structure, reaching X tons, which was approx. 92% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), creating an 8% share of total exports.
Turkey was also the fastest-growing in terms of the crude cotton-seed oil exports, with a CAGR of +83.7% from 2012 to 2021. At the same time, the United Arab Emirates (+12.0%) displayed positive paces of growth. Turkey (+89 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -15.1% from 2012 to 2021, respectively.
In value terms, Turkey ($X) emerged as the largest cotton-seed oil supplier in the Middle East, comprising 96% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 4.3% share of total exports.
In Turkey, cotton-seed oil exports expanded at an average annual rate of +92.5% over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in the Middle East amounted to $X per ton, jumping by 76% against the previous year. In general, the export price showed resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 86% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%).
Cotton-Seed Oil Imports
Imports in the Middle East
In 2021, overseas purchases of crude cotton-seed oil increased by 292% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 349%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.
In value terms, cotton-seed oil imports skyrocketed to $X in 2021. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 314% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.
Imports by Country
Turkey dominates imports structure, accounting for X tons, which was approx. 92% of total imports in 2021. It was distantly followed by Saudi Arabia (X tons), achieving a 6.4% share of total imports.
Turkey was also the fastest-growing in terms of the crude cotton-seed oil imports, with a CAGR of +43.0% from 2012 to 2021. At the same time, Saudi Arabia (+26.8%) displayed positive paces of growth. From 2012 to 2021, the share of Turkey increased by +92 percentage points.
In value terms, Turkey ($X) constitutes the largest market for imported crude cotton-seed oil in the Middle East, comprising 90% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 5.2% share of total imports.
From 2012 to 2021, the average annual growth rate of value in Turkey totaled +10.3%.
Import Prices by Country
The import price in the Middle East stood at $X per ton in 2021, shrinking by -47.9% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 143%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.
Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Turkey ($X per ton), while Saudi Arabia stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-1.9%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cotton-seed oil market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10412500 - Crude cotton-seed oil and its fractions (excluding chemically modified)
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the Middle East, split by region and country
- Trade (exports and imports) in the Middle East
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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