Report Update Jan 1, 2025

Myanmar - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Refined Cotton-Seed Oil Market 2025

Refined Cotton-Seed Oil Market Size in Myanmar

After two years of decline, the Myanmar's refined cotton-seed oil market decreased by 0% to less than $X in 2022. Over the period under review, consumption, however, continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Refined Cotton-Seed Oil Production in Myanmar

In value terms, refined cotton-seed oil production dropped dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Refined Cotton-Seed Oil Exports

Exports from Myanmar

In 2019, the amount of refined cotton-seed oil exported from Myanmar contracted significantly to X tons, dropping by -68.5% on the previous year. Overall, exports faced a sharp setback. Over the period under review, the exports attained the maximum at X tons in 2018, and then shrank sharply in the following year.

In value terms, refined cotton-seed oil exports reduced rapidly to $X in 2019. Over the period under review, exports showed a significant decrease. The exports peaked at $X in 2018, and then contracted notably in the following year.

Exports by Country

Singapore (X tons) was the main destination for refined cotton-seed oil exports from Myanmar, with a approx. 100% share of total exports.

From 2018 to 2019, the average annual rate of growth in terms of volume to Singapore was relatively modest.

In value terms, Singapore ($X) also remains the key foreign market for refined cotton-seed oil exports from Myanmar.

From 2018 to 2019, the average annual rate of growth in terms of value to Singapore stood at -8.6%.

Export Prices by Country

In 2019, the average refined cotton-seed oil export price amounted to $X per ton, rising by 107% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained 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 Singapore.

From 2018 to 2019, the rate of growth in terms of prices for Singapore amounted to -8.6% per year.

Refined Cotton-Seed Oil Imports

Imports into Myanmar

In 2017, supplies from abroad of refined cotton-seed oil increased by 0.4% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 1,082%. Over the period under review, imports reached the peak figure in 2017 and are expected to retain growth in years to come.

In value terms, refined cotton-seed oil imports expanded notably to $X in 2017. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2016 with an increase of 831% against the previous year. Over the period under review, imports attained the maximum in 2017 and are expected to retain growth in the immediate term.

Imports by Country

In 2017, Turkey (X tons) constituted the largest refined cotton-seed oil supplier to Myanmar, with a 68% share of total imports. Moreover, refined cotton-seed oil imports from Turkey exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by Tokelau (X tons), with a 4% share.

From 2012 to 2017, the average annual rate of growth in terms of volume from Turkey stood at +1,256.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+25.1% per year) and Tokelau (+53.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of refined cotton-seed oil to Myanmar, comprising 70% of total imports. The second position in the ranking was held by Singapore ($X), with a 20% share of total imports. It was followed by Tokelau, with a 4.1% share.

From 2012 to 2017, the average annual rate of growth in terms of value from Turkey totaled +1,132.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+10.7% per year) and Tokelau (+72.7% per year).

Import Prices by Country

In 2017, the average refined cotton-seed oil import price amounted to $X per ton, surging by 5.4% against the previous year. In general, the import price, however, saw a abrupt contraction. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2017, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the countries with the highest prices were Tokelau ($X per ton) and Turkey ($X per ton), while the price for Singapore ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by Tokelau (+12.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined cotton-seed oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 34% of global consumption. Japan, Germany, Russia, Brazil, Indonesia, Bangladesh, Pakistan, the UK, France and Italy lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of refined cotton-seed oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 34% of global production. Japan, Brazil, Germany, Russia, Indonesia, Bangladesh, Pakistan, the UK, France and Italy lagged somewhat behind, together accounting for a further 24%.

What are the leading importers of refined cotton-seed oil from Myanmar?

In value terms, Singapore remains the key foreign market for refined cotton-seed oil exports from Myanmar.

What is the average export price for refined cotton-seed oil in Myanmar?

The average refined cotton-seed oil export price stood at $3,200 per ton in 2019, growing by 107% against the previous year.

This report provides an in-depth analysis of the refined cotton-seed oil market in Myanmar. 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 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024