Uzbekistan: Cotton-Seed Oil Market 2025

Cotton-Seed Oil Market Size in Uzbekistan

In 2021, the Uzbek cotton-seed oil market increased by 5.6% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cotton-Seed Oil Production in Uzbekistan

In value terms, cotton-seed oil production shrank to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 12%. Cotton-seed oil production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Cotton-Seed Oil Exports

Exports from Uzbekistan

After two years of growth, overseas shipments of cotton-seed oil decreased by 99.9% to X tons in 2021. Overall, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. As a result, the exports attained the peak of X tons, and then declined significantly in the following year.

In value terms, cotton-seed oil exports contracted rapidly to $X in 2021. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Afghanistan (X tons) and Tajikistan (X kg) were the main destinations of cotton-seed oil exports from Uzbekistan.

From 2019 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of -99.4%).

In value terms, Afghanistan ($X) remains the key foreign market for cotton-seed oil exports from Uzbekistan, comprising 68% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 31% share of total exports.

From 2019 to 2021, the average annual rate of growth in terms of value to Afghanistan stood at -100.0%.

Export Prices by Country

The average cotton-seed oil export price stood at $X per ton in 2021, jumping by 80% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Tajikistan totaled $X per ton.

From 2019 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+83.8%).

Cotton-Seed Oil Imports

Imports into Uzbekistan

In 2021, purchases abroad of cotton-seed oil decreased by -54.9% to X tons, falling for the second year in a row after three years of growth. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 74% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, cotton-seed oil imports dropped significantly to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2017 to 2021: its value increased at an average annual rate of +7.1% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -34.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 66%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Kazakhstan (X tons) was the main supplier of cotton-seed oil to Uzbekistan, with a 100% share of total imports. It was followed by Turkmenistan (X tons), with a 0.4% share of total imports.

From 2017 to 2021, the average annual growth rate of volume from Kazakhstan stood at +14.2%.

In value terms, Kazakhstan ($X) constituted the largest supplier of cotton-seed oil to Uzbekistan, comprising 100% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a 0.3% share of total imports.

From 2017 to 2021, the average annual growth rate of value from Kazakhstan amounted to +28.0%.

Import Prices by Country

In 2021, the average cotton-seed oil import price amounted to $X per ton, surging by 68% against the previous year. Over the period under review, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Turkmenistan amounted to $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+12.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :