Uzbekistan: Cottonseed Market 2025

Cottonseed Market Size in Uzbekistan

The Uzbek cottonseed market dropped to $X in 2022, which is down by -7.2% against the previous year. Overall, consumption, however, continues to indicate a mild slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cottonseed Production in Uzbekistan

In value terms, cottonseed production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 323%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The average yield of cottonseed in Uzbekistan amounted to less than X kg per ha in 2022, therefore, remained relatively stable against 2021. In general, the yield showed 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 cottonseed harvested area in Uzbekistan was estimated at less than X ha, standing approx. at 2021. Overall, the harvested area recorded a relatively flat trend pattern.

Cottonseed Exports

Exports from Uzbekistan

After three years of growth, shipments abroad of cottonseed decreased by -57.5% to X tons in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 799%. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, cottonseed exports contracted significantly to $X in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 452%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for cottonseed exports from Uzbekistan, with a 64% share of total exports. Moreover, cottonseed exports to Kazakhstan exceeded the volume sent to the second major destination, Japan (X tons), twofold.

From 2019 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +160.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-24.2% per year) and Tajikistan (+1.9% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for cottonseed exports from Uzbekistan, comprising 68% of total exports. The second position in the ranking was held by Japan ($X), with a 27% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled +166.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+14.2% per year) and Tajikistan (+16.3% per year).

Export Prices by Country

The average cottonseed export price stood at $X per ton in 2022, growing by 90% against the previous year. Overall, the export price continues to indicate resilient 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+50.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into Uzbekistan

In 2022, after two years of growth, there was significant decline in overseas purchases of cottonseed, when their volume decreased by 99.9% to X kg. Overall, imports saw a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by 306% against the previous year. As a result, imports attained the peak of X tons, and then contracted notably in the following year.

In value terms, cottonseed imports dropped notably to $X in 2022. In general, imports faced a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 382%. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, Greece (X kg) was the main supplier of cottonseed to Uzbekistan, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Greece totaled -47.9%.

In value terms, Greece ($X) constituted the largest supplier of cottonseed to Uzbekistan.

From 2012 to 2022, the average annual growth rate of value from Greece amounted to +37.4%.

Import Prices by Country

The average cottonseed import price stood at $X per ton in 2022, jumping by 3,826% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +163.9% per year.

Source: IndexBox Platform

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