Report Update Nov 1, 2024

Spain - Crude Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Cotton-Seed Oil Market 2024

Cotton-Seed Oil Market Size in Spain

In 2021, the Spanish cotton-seed oil market decreased by -90% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a modest increase. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Cotton-Seed Oil Production in Spain

In value terms, cotton-seed oil production reached $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 30%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Cotton-Seed Oil Exports

Exports from Spain

In 2021, shipments abroad of crude cotton-seed oil increased by 618% to X kg, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 24,300%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, cotton-seed oil exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of 3,098%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X kg) was the main destination for cotton-seed oil exports from Spain, with a 84% share of total exports. Moreover, cotton-seed oil exports to El Salvador exceeded the volume sent to the second major destination, Israel (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to El Salvador amounted to +16.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (0.0% per year) and France (-61.0% per year).

In value terms, El Salvador ($X), Israel ($X) and France ($X) were the largest markets for cotton-seed oil exported from Spain worldwide, together comprising 85% of total exports.

In terms of the main countries of destination, El Salvador, with a CAGR of +11.4%, saw 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

The average cotton-seed oil export price stood at $X per ton in 2021, surging by 49% against the previous year. Overall, the export price posted a perceptible increase. The pace of growth appeared the most rapid in 2014 an increase of 1,299% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while the average price for exports to France ($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 France (+3.0%).

Cotton-Seed Oil Imports

Imports into Spain

In 2021, supplies from abroad of crude cotton-seed oil decreased by -98% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 6,425% against the previous year. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, cotton-seed oil imports shrank markedly to $X in 2021. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 14,962% against the previous year. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2021, Italy (X tons) was the main supplier of cotton-seed oil to Spain, with a 98% share of total imports. It was followed by the United States (X kg), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +26.0%.

In value terms, Italy ($X) constituted the largest supplier of crude cotton-seed oil to Spain, comprising 93% of total imports. The second position in the ranking was held by the United States ($X), with a 7.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +150.6%.

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2021, growing by 58% against the previous year. In general, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 131%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Italy stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+98.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were Benin, the United States and Kazakhstan, with a combined 79% share of global consumption. Tajikistan, Kyrgyzstan and Turkmenistan lagged somewhat behind, together accounting for a further 11%.

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

The countries with the highest volumes of in 2021 were Benin, the United States and Kazakhstan, with a combined 87% share of global production.

What are the leading suppliers of crude cotton-seed oil to Spain?

In value terms, Italy constituted the largest supplier of cotton-seed oil to Spain, comprising 93% of total imports. The second position in the ranking was occupied by the United States, with a 7.1% share of total imports.

What are the leading importers of crude cotton-seed oil from Spain?

In value terms, the largest markets for cotton-seed oil exported from Spain were El Salvador, Israel and France $141), with a combined 85% share of total exports.

What is the average export price for crude cotton-seed oil in Spain?

The average cotton-seed oil export price stood at $7,697 per ton in 2021, rising by 49% against the previous year.

What is the average import price for crude cotton-seed oil in Spain?

In 2021, the average cotton-seed oil import price amounted to $4,626 per ton, picking up by 54% against the previous year.

This report provides an in-depth analysis of the cotton-seed oil market in Spain. 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 10412500 - Crude cotton-seed oil and its fractions (excluding chemically modified)

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
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 2012–2023
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