Report Update Nov 1, 2024

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

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Singapore: Refined Cotton-Seed Oil Market 2024

Refined Cotton-Seed Oil Market Size in Singapore

The Singaporean refined cotton-seed oil market dropped to $X in 2022, waning by -5% against the previous year. Overall, consumption recorded a pronounced slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Refined Cotton-Seed Oil Production in Singapore

In value terms, refined cotton-seed oil production fell to $X in 2022 estimated in export price. In general, production continues to indicate a slight slump. The pace of growth was the most pronounced in 2013 when the production volume increased by 31%. 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 Singapore

In 2022, overseas shipments of refined cotton-seed oil decreased by -94.4% to X kg, falling for the fifth year in a row after three years of growth. Overall, exports saw a dramatic setback. The growth pace was the most rapid in 2017 when exports increased by 23% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, refined cotton-seed oil exports dropped sharply to $X in 2022. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2019 with an increase of 46%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

French Polynesia (X kg) was the main destination for refined cotton-seed oil exports from Singapore, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to French Polynesia stood at -41.5%.

In value terms, French Polynesia ($X) emerged as the key foreign market for refined cotton-seed oil exports from Singapore.

From 2012 to 2022, the average annual rate of growth in terms of value to French Polynesia stood at -38.4%.

Export Prices by Country

The average refined cotton-seed oil export price stood at $X per ton in 2022, jumping by 118% against the previous year. Over the period under review, the export price posted a strong expansion. 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 French Polynesia.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +17.2% per year.

Refined Cotton-Seed Oil Imports

Imports into Singapore

In 2022, supplies from abroad of refined cotton-seed oil decreased by -41.4% to X tons, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 211% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, refined cotton-seed oil imports shrank rapidly to $X in 2022. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2018 with an increase of 127%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), Malaysia (X tons) and the United States (X tons) were the main suppliers of refined cotton-seed oil imports to Singapore, together comprising 92% of total imports. Japan and Australia lagged somewhat behind, together comprising a further 7.1%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +17.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United States ($X) and Malaysia ($X) appeared to be the largest refined cotton-seed oil suppliers to Singapore, together comprising 85% of total imports. Japan and Australia lagged somewhat behind, together accounting for a further 13%.

Australia, with a CAGR of +17.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average refined cotton-seed oil import price amounted to $X per ton, surging by 15% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined cotton-seed oil import price increased by +95.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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 comprising 34% of global consumption. These countries were followed by Japan, Germany, Russia, Brazil, Indonesia, Bangladesh, Pakistan, the UK, France and Italy, which together accounted 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, with a combined 34% share 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 suppliers of refined cotton-seed oil to Singapore?

In value terms, Taiwan Chinese) constituted the largest supplier of refined cotton-seed oil to Singapore, comprising 58% of total imports. The second position in the ranking was occupied by Malaysia, with a 19% share of total imports. It was followed by China, with an 8% share.

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

In value terms, Malaysia, Myanmar and Australia appeared to be the largest markets for refined cotton-seed oil exported from Singapore worldwide, with a combined 96% share of total exports.

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

The average refined cotton-seed oil export price stood at $709 per ton in 2021, which is down by -36.1% against the previous year.

What is the average import price for refined cotton-seed oil in Singapore?

The average refined cotton-seed oil import price stood at $1,143 per ton in 2021, declining by -7.8% against the previous year.

This report provides an in-depth analysis of the refined cotton-seed oil market in Singapore. 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:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023