South Africa: Cottonseed Market 2025

Cottonseed Market Size in South Africa

In 2022, the South African cottonseed market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cottonseed Production in South Africa

In value terms, cottonseed production shrank slightly to $X in 2022 estimated in export price. In general, production, however, posted perceptible growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 90% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average cottonseed yield in South Africa was estimated at less than X kg per ha, remaining constant against 2021. Overall, the yield recorded 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, the total area harvested in terms of cottonseed production in South Africa was estimated at less than X ha, therefore, remained relatively stable against the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Cottonseed Exports

Exports from South Africa

In 2022, the amount of cottonseed exported from South Africa dropped significantly to X tons, shrinking by -87.7% against 2021. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by 1,526%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cottonseed exports declined rapidly to $X in 2022. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 1,731%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Uganda (X tons) was the main destination for cottonseed exports from South Africa, with a 57% share of total exports. Moreover, cottonseed exports to Uganda exceeded the volume sent to the second major destination, Lesotho (X tons), twofold. The third position in this ranking was taken by Botswana (X kg), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Uganda was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lesotho (-9.0% per year) and Botswana (-8.5% per year).

In value terms, Uganda ($X) emerged as the key foreign market for cottonseed exports from South Africa, comprising 63% of total exports. The second position in the ranking was taken by Botswana ($X), with a 17% share of total exports. It was followed by Lesotho, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to Uganda was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+6.2% per year) and Lesotho (-10.7% per year).

Export Prices by Country

The average cottonseed export price stood at $X per ton in 2022, shrinking by -49.2% against the previous year. In general, the export price, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2021 an increase of 795%. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+63.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into South Africa

In 2022, supplies from abroad of cottonseed increased by 23% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 149%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cottonseed imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2018 with an increase of 138% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Malawi (X tons), Mozambique (X tons) and Zambia (X tons) were the main suppliers of cottonseed imports to South Africa, with a combined 96% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malawi (with a CAGR of +17.1%), while imports for the other leaders experienced a decline.

In value terms, the largest cottonseed suppliers to South Africa were Malawi ($X), Mozambique ($X) and Zambia ($X), with a combined 96% share of total imports.

Among the main suppliers, Malawi, with a CAGR of +23.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average cottonseed import price stood at $X per ton in 2022, increasing by 28% against the previous year. In general, the import price posted a mild increase. The growth pace was the most rapid in 2015 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Swaziland ($X per ton) and Zambia ($X per ton), while the price for Mozambique ($X per ton) and Zimbabwe ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :