EU: Cottonseed Market 2024

Cottonseed Market Size in the EU

For the third year in a row, the EU cottonseed market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Cottonseed Production in the EU

In value terms, cottonseed production rose slightly to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Greece (X tons) constituted the country with the largest volume of cottonseed production, comprising approx. X% of total volume. Moreover, cottonseed production in Greece exceeded the figures recorded by the second-largest producer, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Greece amounted to X%.

Cottonseed Exports

Exports in the EU

In 2022, exports of cottonseed in the European Union soared to X tons, increasing by X% against the year before. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cottonseed exports skyrocketed to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Greece (X tons), together finishing at X% of total export.

Greece was also the fastest-growing in terms of the cottonseed exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Greece ($X) also remains the largest cottonseed supplier in the European Union.

In Greece, cottonseed exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, 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 X% per year.

Cottonseed Imports

Imports in the EU

In 2022, approx. X tons of cottonseed were imported in the European Union; with an increase of X% against the year before. Overall, imports, however, continue to indicate a slight curtailment. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cottonseed imports surged to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Italy was the largest importer of cottonseed in the European Union, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Spain (X tons), achieving a X% share of total imports. The Czech Republic (X tons) took a little share of total imports.

Imports into Italy decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. While the share of Spain (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (X p.p.) displayed negative dynamics.

In value terms, Italy ($X) constitutes the largest market for imported cottonseed in the European Union, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

In Italy, cottonseed imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cottonseed import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :