Report Update Nov 1, 2024

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

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Uzbekistan: Cotton-Seed Oil Market 2024

Cotton-Seed Oil Market Size in Uzbekistan

In 2021, the Uzbek cotton-seed oil market decreased by -23.6% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a precipitous setback. Cotton-seed oil consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Cotton-Seed Oil Production in Uzbekistan

In value terms, cotton-seed oil production fell to $X in 2021 estimated in export price. Overall, production showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29%. As a result, production reached the peak level of $X, and then reduced in the following year.

Cotton-Seed Oil Exports

Exports from Uzbekistan

For the tenth consecutive year, Uzbekistan recorded growth in overseas shipments of crude cotton-seed oil, which increased by 0.5% to X tons in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 492% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, cotton-seed oil exports amounted to $X in 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 453%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Kyrgyzstan (X tons) was the main destination for cotton-seed oil exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan totaled +86.5%.

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for crude cotton-seed oil exports from Uzbekistan.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan amounted to +83.0%.

Export Prices by Country

In 2021, the average cotton-seed oil export price amounted to $X per ton, stabilizing at the previous year. In general, the export price showed a slight downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 2% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2021, the rate of growth in terms of prices for Kyrgyzstan amounted to -1.9% per year.

Cotton-Seed Oil Imports

Imports into Uzbekistan

In 2021, purchases abroad of crude cotton-seed oil decreased by -22% to X tons, falling for the second year in a row after two years of growth. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 281% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, cotton-seed oil imports shrank markedly to $X in 2021. Over the period under review, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 247%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkmenistan (X tons) constituted the largest supplier of cotton-seed oil to Uzbekistan, accounting for a 80% share of total imports. Moreover, cotton-seed oil imports from Turkmenistan exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Turkmenistan was relatively modest.

In value terms, Turkmenistan ($X) constituted the largest supplier of crude cotton-seed oil to Uzbekistan, comprising 80% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkmenistan amounted to -3.6%.

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2016 an increase of 59%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkmenistan ($X per ton), while the price for Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (-3.2%).

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, together accounting for 79% of global consumption. Tajikistan, Kyrgyzstan and Turkmenistan lagged somewhat behind, together comprising 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, together comprising 87% of global production.

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

In value terms, Turkmenistan constituted the largest supplier of cotton-seed oil to Uzbekistan, comprising 80% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 20% share of total imports.

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

In 2021, the average cotton-seed oil import price amounted to $1,345 per ton, picking up by 18% against the previous year.

This report provides an in-depth analysis of the cotton-seed oil market in Uzbekistan. 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:

Uzbekistan

Data coverage:

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