Myanmar: Cottonseed Market 2025

Cottonseed Market Size in Myanmar

The Myanmar's cottonseed market dropped slightly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, saw a abrupt slump. Cottonseed consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cottonseed Production in Myanmar

In value terms, cottonseed production fell to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 43% against the previous year. Cottonseed production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of cottonseed in Myanmar was estimated at less than X kg per ha in 2022, approximately reflecting the year before. Overall, the yield continues to indicate 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 Myanmar; therefore, remained relatively stable against the previous year. Overall, the harvested area showed a relatively flat trend pattern.

Cottonseed Exports

Exports from Myanmar

In 2022, shipments abroad of cottonseed decreased by -88.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 5,764% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, cottonseed exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 7,276% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for cottonseed exports from Myanmar, with a 97% share of total exports. It was followed by Taiwan (Chinese) (X tons), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +13.6%.

In value terms, China ($X) remains the key foreign market for cottonseed exports from Myanmar, comprising 92% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +16.7%.

Export Prices by Country

In 2022, the average cottonseed export price amounted to $X per ton, rising by 4.1% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+115.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into Myanmar

In 2022, after two years of growth, there was significant decline in overseas purchases of cottonseed, when their volume decreased by -21% to X tons. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 5,639% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, cottonseed imports skyrocketed to $X in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 9,765%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of cottonseed to Myanmar, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of cottonseed to Myanmar.

From 2012 to 2022, the average annual growth rate of value from India totaled +14.1%.

Import Prices by Country

In 2022, the average cottonseed import price amounted to $X per ton, rising by 84% against the previous year. In general, the import price recorded a significant increase. The pace of growth was the most pronounced in 2015 an increase of 269%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +49.9% per year.

Source: IndexBox Platform

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