Romania - Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRomania: Cotton-Seed Oil Market 2024
Cotton-Seed Oil Market Size in Romania
The Romanian cotton-seed oil market was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption, however, continues to indicate a dramatic downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Cotton-Seed Oil Production in Romania
In value terms, cotton-seed oil production declined sharply to $X in 2021 estimated in export price. Overall, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 532%. As a result, production reached the peak level of $X, and then declined dramatically in the following year.
Cotton-Seed Oil Exports
Exports from Romania
In 2021, approx. X tons of cotton-seed oil were exported from Romania; growing by 770% against the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 57,129% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, cotton-seed oil exports soared to $X in 2021. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 when exports increased by 50,249%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
The UK (X tons) was the main destination for cotton-seed oil exports from Romania, accounting for a 96% share of total exports. It was followed by Germany (X kg), with a 3% share of total exports.
From 2015 to 2021, the average annual rate of growth in terms of volume to the UK was relatively modest.
In value terms, the UK ($X) emerged as the key foreign market for cotton-seed oil exports from Romania, comprising 95% of total exports. The second position in the ranking was held by Germany ($X), with a 3.9% share of total exports.
From 2015 to 2021, the average annual rate of growth in terms of value to the UK was relatively modest.
Export Prices by Country
In 2021, the average cotton-seed oil export price amounted to $X per ton, with a decrease of -28.8% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 65%. As a result, the export price attained the peak level of $X per ton, and then shrank sharply in the following year.
Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK totaled $X per ton.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.3%).
Cotton-Seed Oil Imports
Imports into Romania
Cotton-seed oil imports into Romania surged to X tons in 2021, jumping by 266% on the year before. Over the period under review, imports, however, faced a dramatic slump. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, cotton-seed oil imports skyrocketed to $X in 2021. Overall, imports, however, recorded a sharp slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Syrian Arab Republic (X tons) constituted the largest cotton-seed oil supplier to Romania, accounting for a 85% share of total imports. Moreover, cotton-seed oil imports from Syrian Arab Republic exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Syrian Arab Republic stood at +486.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+177.1% per year) and Greece (-46.3% per year).
In value terms, Spain ($X), Syrian Arab Republic ($X) and Greece ($X) constituted the largest cotton-seed oil suppliers to Romania, together comprising 100% of total imports.
In terms of the main suppliers, Spain, with a CAGR of +155.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average cotton-seed oil import price stood at $X per ton in 2021, declining by -35.8% against the previous year. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2016 an increase of 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then dropped notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (-1.9%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cotton-seed oil market in Romania. 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:
- FCL 331 - Oil of Cottonseed
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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