Turkmenistan: Cotton-Seed Oil Market 2020

Cotton-Seed Oil Market Size in Turkmenistan

The revenue of the cotton-seed oil market in Turkmenistan amounted to $X in 2018, remaining stable against the previous year. In general, cotton-seed oil consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the cotton-seed oil market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Cotton-Seed Oil Production in Turkmenistan

In value terms, cotton-seed oil production amounted to $X in 2018 estimated in export prices. In general, cotton-seed oil production continues to indicate slight growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, cotton-seed oil production reached its peak figure level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Cotton-Seed Oil Exports

Exports from Turkmenistan

Cotton-seed oil exports from Turkmenistan amounted to X tons in 2018, picking up by X% against the previous year. Over the period under review, cotton-seed oil exports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, cotton-seed oil exports attained their maximum at X tons in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, cotton-seed oil exports totaled $X in 2018. Over the period under review, cotton-seed oil exports continue to indicate strong growth. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, cotton-seed oil exports reached their peak figure at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Australia (X tons) represented roughly X% of total exports of cotton-seed oil in 2018. Kazakhstan (X tons) ranks next in terms of the total exports with a X% share, followed by Malaysia (X%). The following exporters - Benin (X tons), Argentina (X tons), Azerbaijan (X tons), South Africa (X tons), Burkina Faso (X tons) and Brazil (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest cotton-seed oil markets from Turkmenistan were the U.S. ($X), Australia ($X) and Kazakhstan ($X), together comprising X% of total exports.

Australia experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cotton-seed oil export price in Turkmenistan stood at $X per ton in 2018, growing by X% against the previous year. Over the period under review, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cotton-seed oil export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when the export price increased by X% against the previous year. Turkmenistan export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was South Africa ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Cotton-Seed Oil Imports

Imports into Turkmenistan

Cotton-seed oil imports into Turkmenistan amounted to X tons in 2018, reducing by -X% against the previous year. In general, cotton-seed oil imports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, cotton-seed oil imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, cotton-seed oil imports totaled $X in 2018. In general, cotton-seed oil imports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Turkmenistan imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Mexico (X tons), Malaysia (X tons), Australia (X tons), Saudi Arabia (X tons), Tajikistan (X tons), South Africa (X tons), Nigeria (X tons), Germany (X tons), Canada (X tons), India (X tons), Uzbekistan (X tons) and Kyrgyzstan (X tons) were the main importers of cotton-seed oil in the world, constituting X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Malaysia ($X) and Mexico ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Tajikistan, Nigeria, Canada, South Africa, Germany, India, Uzbekistan, Kyrgyzstan, Saudi Arabia and Turkmenistan lagged somewhat behind, together accounting for a further X recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cotton-seed oil import price in Turkmenistan amounted to $X per ton, leveling off at the previous year. Overall, the cotton-seed oil import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2008 a decrease of -X% y-o-y. Over the period under review, the import prices for cotton-seed oil reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform