Turkmenistan: Cottonseed Market 2020

Cottonseed Market Size in Turkmenistan

The revenue of the cottonseed market in Turkmenistan amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, cottonseed consumption continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the cottonseed market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Cottonseed Production in Turkmenistan

In value terms, cottonseed production stood at $X in 2018 estimated in export prices. Overall, cottonseed production continues to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2010 when production volume increased by X% year-to-year. In that year, cottonseed production attained its peak level of $X. From 2011 to 2018, cottonseed production growth failed to regain its momentum.

Cottonseed Exports

Exports from Turkmenistan

In 2018, the exports of cottonseed from Turkmenistan stood at X tons, approximately equating the previous year. Over the period under review, cottonseed exports continue to indicate a skyrocketing expansion. Turkmenistan exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, cottonseed exports amounted to $X in 2018. Overall, cottonseed exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. In that year, cottonseed exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, the U.S. (X tons) and Australia (X tons) were the key exporters of cottonseedaround the world, together committing X% of total exports. It was distantly followed by Greece (X tons), achieving a X% share of total exports. Mozambique (X tons), Togo (X tons), Brazil (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), Australia ($X) and Greece ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Mozambique, Togo, Cote d'Ivoire, Brazil and Turkmenistan lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cottonseed export price in Turkmenistan stood at $X per ton in 2018, flattening at the previous year. In general, the cottonseed export price continues to indicate a deep curtailment. Turkmenistan export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Cote d'Ivoire ($X per ton) and Greece ($X per ton), while Brazil ($X per ton) and Togo ($X per ton) were amongst the lowest.

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

Cottonseed Imports

Imports by Country

China represented the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by South Korea (X tons), Mexico (X tons), Italy (X tons), Saudi Arabia (X tons) and Japan (X tons), together constituting a X% share of total imports. South Africa (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cottonseed imports, with a CAGR of +X% from 2007 to 2018. At the same time, Saudi Arabia (+X%) and South Korea (+X%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, Japan (-X%), Mexico (-X%) and South Africa (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Saudi Arabia (+X p.p.) and South Korea (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.), South Africa (-X p.p.) and Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cottonseed into Turkmenistan, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2018, the cottonseed import price in Turkmenistan amounted to $X per ton, approximately mirroring the previous year. In general, the cottonseed import price continues to indicate a relatively flat trend pattern.

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