Spain - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Cotton-Seed Oil Price in Spain - 2023
Contents:
- Refined Cotton-Seed Oil Price in Spain (CIF) - 2022
- Refined Cotton-Seed Oil Price in Spain (FOB) - 2022
- Refined Cotton-Seed Oil Imports in Spain
- Refined Cotton-Seed Oil Exports in Spain
Refined Cotton-Seed Oil Price in Spain (CIF) - 2022
In 2022, the average refined cotton-seed oil import price amounted to $13,574 per ton, surging by 315% against the previous year. Overall, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($17,498 per ton), while the price for Cote d'Ivoire ($974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+68.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Refined Cotton-Seed Oil Price in Spain (FOB) - 2022
The average refined cotton-seed oil export price stood at $4,121 per ton in 2022, growing by 2% against the previous year. In general, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2015 when the average export price increased by 226% against the previous year. As a result, the export price reached the peak level of $9,636 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
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 the United States ($31,121 per ton), while the average price for exports to Peru ($1,642 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 France (+70.1%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Cotton-Seed Oil Imports in Spain
In 2022, overseas purchases of refined cotton-seed oil decreased by -22.7% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 3,697%. As a result, imports reached the peak of 2.3K tons, and then declined sharply in the following year.
In value terms, refined cotton-seed oil imports skyrocketed to $25M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,178% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Refined Cotton-Seed Oil in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 6.0 | 23.6 | 293.3% |
| Egypt | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| Turkey | N/A | N/A | 1.2 | 0.2 | -83.3% |
| Greece | N/A | N/A | N/A | 0.2 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.2 | 0.1 | -42.3% |
| Total | N/A | 0.4 | 7.6 | 24.5 | 682.6% |
Top Suppliers of Refined Cotton-Seed Oil to Spain in 2022:
- United States (1351.0 tons)
- Egypt (240.0 tons)
- Greece (86.5 tons)
- Turkey (50.0 tons)
- Cote d'Ivoire (44.6 tons)
Refined Cotton-Seed Oil Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of refined cotton-seed oil, when their volume decreased by -50.6% to 85 tons. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year.
In value terms, refined cotton-seed oil exports reduced markedly to $351K in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year. As a result, the exports reached the peak of $730K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Refined Cotton-Seed Oil in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 83.2 | 403 | 366 | 116 | 11.7% |
| Peru | 0.8 | 0.4 | 0.3 | 65.6 | 334.4% |
| Chile | N/A | N/A | N/A | 56.0 | 0% |
| Israel | N/A | 96.2 | N/A | 49.7 | -28.1% |
| Poland | 7.3 | 24.1 | 114 | 11.2 | 15.3% |
| Cameroon | N/A | N/A | N/A | 9.5 | 0% |
| France | N/A | 34.9 | 8.8 | 5.1 | -61.8% |
| Hong Kong SAR | 83.5 | N/A | 6.3 | 4.8 | -61.4% |
| South Korea | 1.7 | 1.8 | 16.4 | 2.4 | 12.2% |
| New Zealand | N/A | N/A | 26.0 | N/A | 0% |
| Morocco | 20.0 | N/A | N/A | N/A | 0% |
| South Africa | 52.9 | N/A | N/A | N/A | 0% |
| Brazil | N/A | N/A | 63.4 | N/A | 0% |
| Others | 94.7 | 170 | 95.0 | 30.4 | -31.5% |
| Total | 344 | 730 | 696 | 351 | 0.7% |
Top Export Markets for Refined Cotton-Seed Oil from Spain in 2022:
- Peru (39.9 tons)
- Chile (22.1 tons)
- Israel (5.7 tons)
- Cameroon (4.0 tons)
- United States (3.7 tons)
- Poland (2.0 tons)
- South Korea (1.3 tons)
- Hong Kong SAR (1.1 tons)
- France (0.8 tons)
This report provides an in-depth analysis of the refined cotton-seed oil market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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