Russian Federation - Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Cotton-Seed Oil Market 2024
Cotton-Seed Oil Market Size in the Russian Federation
After four years of growth, the Russian cotton-seed oil market decreased by -4.8% to $X in 2021. Over the period under review, consumption enjoyed a mild increase. Cotton-seed oil consumption peaked at $X in 2020, and then declined modestly in the following year.
Cotton-Seed Oil Production in the Russian Federation
In value terms, cotton-seed oil production declined to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 32% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
Cotton-Seed Oil Exports
Exports from the Russian Federation
After three years of decline, overseas shipments of cotton-seed oil increased by 19% to X tons in 2021. Over the period under review, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when exports increased by 2,667%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.
In value terms, cotton-seed oil exports fell to $X in 2021. In general, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 1,315% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Latvia (X tons) was the main destination for cotton-seed oil exports from Russia, accounting for a 64% share of total exports. Moreover, cotton-seed oil exports to Latvia exceeded the volume sent to the second major destination, Belarus (X kg), fourfold. Ukraine (X kg) ranked third in terms of total exports with a 9.3% share.
From 2012 to 2021, the average annual growth rate of volume to Latvia stood at +74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-9.7% per year) and Ukraine (+25.3% per year).
In value terms, the largest markets for cotton-seed oil exported from Russia were Latvia ($X), Belarus ($X) and Kazakhstan ($X), together comprising 88% of total exports.
Among the main countries of destination, Latvia, with a CAGR of +72.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
In 2021, the average cotton-seed oil export price amounted to $X per ton, shrinking by -20.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 108%. As a result, the export price attained the peak level of $X per ton, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton-Seed Oil Imports
Imports into the Russian Federation
In 2021, imports of cotton-seed oil into Russia skyrocketed to X tons, jumping by 39% on the previous year's figure. Overall, imports posted a significant increase. The growth pace was the most rapid in 2019 with an increase of 152% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.
In value terms, cotton-seed oil imports skyrocketed to $X in 2021. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 157%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, Kazakhstan (X tons) was the main cotton-seed oil supplier to Russia, accounting for a approx. 99% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Kazakhstan stood at +74.9%.
In value terms, Kazakhstan ($X) constituted the largest supplier of cotton-seed oil to Russia.
From 2012 to 2021, the average annual rate of growth in terms of value from Kazakhstan amounted to +71.0%.
Import Prices by Country
The average cotton-seed oil import price stood at $X per ton in 2021, growing by 67% against the previous year. Overall, the import price, however, saw a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -2.1% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cotton-seed oil market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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