South Africa - Cottonseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCottonseed Price in South Africa - 2023
Contents:
- Cottonseed Price in South Africa (CIF) - 2023
- Cottonseed Price in South Africa (FOB) - 2022
- Cottonseed Imports in South Africa
- Cottonseed Exports in South Africa
Cottonseed Price in South Africa (CIF) - 2023
The average cottonseed import price stood at $233 per ton in July 2023, with a decrease of -2.4% against the previous month. Over the period under review, the import price recorded a slight descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 11% against the previous month. The import price peaked at $289 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Mozambique ($244 per ton), while the price for Malawi totaled $233 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Zambia (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Cottonseed Price in South Africa (FOB) - 2022
The average cottonseed export price stood at $1,460 per ton in 2022, with a decrease of -66.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 324%. As a result, the export price reached the peak level of $4,349 per ton, and then dropped significantly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,561 per ton), while the average price for exports to Botswana ($619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+63.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cottonseed Imports in South Africa
In 2022, supplies from abroad of cottonseed was finally on the rise to reach 15K tons after two years of decline. Overall, imports, however, showed a abrupt decline.
In value terms, cottonseed imports soared to $4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cottonseed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 377 | 415 | 893 | 1,681 | 64.6% |
| Mozambique | 1,698 | 765 | 1,337 | 1,219 | -10.5% |
| Zambia | 421 | 1,182 | 199 | 896 | 28.6% |
| Swaziland | 134 | 162 | 68.7 | 136 | 0.5% |
| Others | 15.8 | 44.6 | 17.1 | 28.0 | 21.0% |
| Total | 2,645 | 2,568 | 2,515 | 3,959 | 14.4% |
Top Suppliers of Cottonseed to South Africa in 2022:
- Malawi (6.3K tons)
- Mozambique (5.0K tons)
- Zambia (3.3K tons)
- Swaziland (0.5K tons)
Cottonseed Exports in South Africa
Cottonseed exports from South Africa fell notably to 11 tons in 2022, with a decrease of -81.4% compared with the previous year's figure. Overall, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 332% against the previous year. As a result, the exports attained the peak of 58 tons, and then contracted markedly in the following year.
In value terms, cottonseed exports shrank markedly to $16K in 2022. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,731%. As a result, the exports reached the peak of $254K, and then contracted rapidly in the following year.
| Export of Cottonseed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | N/A | N/A | 10.0 | 0% |
| Botswana | 4.9 | 6.0 | 4.7 | 2.7 | -18.0% |
| Lesotho | 4.6 | 0.3 | 0.5 | 1.1 | -37.9% |
| Hong Kong SAR | N/A | N/A | N/A | 0.9 | 0% |
| Mozambique | 0.6 | 0.1 | 41.5 | 0.5 | -5.9% |
| Zimbabwe | N/A | N/A | 18.2 | 0.4 | -97.8% |
| Namibia | 10.7 | 6.4 | 0.4 | 0.1 | -78.9% |
| Netherlands | 0.5 | N/A | 187 | N/A | 1833.9% |
| Others | 1.4 | 1.1 | 1.5 | N/A | 3.5% |
| Total | 22.6 | 13.9 | 254 | 15.9 | -11.1% |
Top Export Markets for Cottonseed from South Africa in 2022:
- Botswana (4.4 tons)
- Uganda (4.0 tons)
- Lesotho (1.6 tons)
- Hong Kong SAR (0.4 tons)
- Mozambique (0.3 tons)
- Zimbabwe (0.1 tons)
- Namibia (0.1 tons)
This report provides an in-depth analysis of the cottonseed market in South Africa. 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:
- FCL 329 - Cottonseed
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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