Report Update Jan 1, 2025

Vietnam - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Refined Cotton-Seed Oil Market 2025

Refined Cotton-Seed Oil Market Size in Vietnam

The Vietnamese refined cotton-seed oil market stood at $X in 2022, surging by 1.9% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 when the market value increased by 7.8%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Refined Cotton-Seed Oil Production in Vietnam

In value terms, refined cotton-seed oil production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.2%. Refined cotton-seed oil production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Refined Cotton-Seed Oil Exports

Exports from Vietnam

In 2022, shipments abroad of refined cotton-seed oil decreased by 0% to X tons, falling for the second year in a row after two years of decline. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, refined cotton-seed oil exports amounted to $X in 2022. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for refined cotton-seed oil exports from Vietnam, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest.

From 2013 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2022, the average refined cotton-seed oil export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to 0.0% per year.

Refined Cotton-Seed Oil Imports

Imports into Vietnam

After two years of decline, supplies from abroad of refined cotton-seed oil increased by 26% to X tons in 2022. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 7,693%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, refined cotton-seed oil imports reduced to $X in 2022. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2019 when imports increased by 8,653% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of refined cotton-seed oil to Vietnam, accounting for a 96% share of total imports. It was followed by South Korea (X kg), with a 2.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-24.9% per year) and Japan (-42.4% per year).

In value terms, the United States ($X) constituted the largest supplier of refined cotton-seed oil to Vietnam, comprising 96% of total imports. The second position in the ranking was taken by South Korea ($X), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +28.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-14.6% per year) and Japan (-25.3% per year).

Import Prices by Country

In 2022, the average refined cotton-seed oil import price amounted to $X per ton, shrinking by -22.4% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2020 when the average import price increased by 135%. The import price peaked at $X per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined cotton-seed oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 34% share of global consumption. These countries were followed by Japan, Germany, Russia, Brazil, Indonesia, Bangladesh, Pakistan, the UK, France and Italy, which together accounted for a further 24%.

What are the largest producers of refined cotton-seed oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 34% of global production. Japan, Brazil, Germany, Russia, Indonesia, Bangladesh, Pakistan, the UK, France and Italy lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of refined cotton-seed oil to Vietnam?

In value terms, the largest refined cotton-seed oil suppliers to Vietnam were South Korea, Japan and Taiwan Chinese) $374), together comprising 100% of total imports.

What is the average export price for refined cotton-seed oil in Vietnam?

The average refined cotton-seed oil export price stood at $1,285 per ton in 2020, stabilizing at the previous year.

What is the average import price for refined cotton-seed oil in Vietnam?

In 2021, the average refined cotton-seed oil import price amounted to $3,474 per ton, reducing by -18.3% against the previous year.

This report provides an in-depth analysis of the refined cotton-seed oil market in Vietnam. 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 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024