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Africa - Crude Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Cotton-Seed Oil Market Overview 2021

Cotton-Seed Oil Market Size in Africa

In 2019, the African cotton-seed oil market decreased by -X% to $X for the first time since 2013, thus ending a five-year rising trend. Over the period under review, consumption, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018, and then reduced in the following year.

Cotton-Seed Oil Production in Africa

In value terms, cotton-seed oil production reduced markedly to $X in 2019 estimated in export prices. In general, production, however, saw buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Production By Country in Africa

The country with the largest volume of cotton-seed oil production was Benin (X tonnes), accounting for X% of total volume. Moreover, cotton-seed oil production in Benin exceeded the figures recorded by the second-largest producer, Togo (X tonnes), fourfold. Ghana (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Benin amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: Togo (+X% per year) and Ghana (+X% per year).

Cotton-Seed Oil Exports

Exports in Africa

In 2019, overseas shipments of crude cotton-seed oil decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, cotton-seed oil exports contracted rapidly to $X in 2019. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a lower figure.

Exports by Country

Benin represented the largest exporter of crude cotton-seed oil in Africa, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2019. South Africa (X tonnes) took the second position in the ranking, followed by Ghana (X tonnes) and Burkina Faso (X tonnes). All these countries together held approx. X% share of total exports. The following exporters - Zambia (X tonnes) and Egypt (X tonnes) - each accounted for a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to cotton-seed oil exports from Benin stood at -X%. At the same time, Ghana (+X%), Zambia (+X%), Egypt (+X%), South Africa (+X%) and Burkina Faso (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of Benin, Ghana, Zambia and Egypt increased by +X%, +X%, +X% and +X% percentage points, while Burkina Faso (-X p.p.) and South Africa (-X p.p.) saw their share reduced.

In value terms, Benin ($X) remains the largest cotton-seed oil supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

In Benin, cotton-seed oil exports decreased by an average annual rate of -X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and Ghana (+X% per year).

Export Prices by Country

In 2019, the cotton-seed oil export price in Africa amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2010 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per tonne), while Benin ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Zambia, while the other leaders experienced a decline in the export price figures.

Cotton-Seed Oil Imports

Imports in Africa

In 2019, overseas purchases of crude cotton-seed oil increased by X% to X tonnes, rising for the ninth year in a row after three years of decline. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2019 and are likely to see steady growth in the immediate term.

In value terms, cotton-seed oil imports declined to $X in 2019. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The level of import peaked at $X in 2018, and then declined slightly in the following year.

Imports by Country

Nigeria represented the key importer of crude cotton-seed oil in Africa, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Egypt (X tonnes), comprising a X% share of total imports. Namibia (X tonnes) and Zimbabwe (X tonnes) occupied a minor share of total imports.

From 2007 to 2019, the biggest increases were in Nigeria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Egypt ($X) and Namibia ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Nigeria (+X% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the cotton-seed oil import price in Africa amounted to $X per tonne, reducing by -X% against the previous year. Import price indicated modest growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cotton-seed oil import price decreased by -X% against 2010 indices. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Namibia ($X per tonne) and Zimbabwe ($X per tonne), while Nigeria ($X per tonne) and Egypt ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude cotton-seed oil in Africa?
+
The countries with the highest volumes of cotton-seed oil consumption in 2019 were Nigeria (5.6K tonnes), Egypt (2.8K tonnes) and Togo (760 tonnes), together comprising 87% of total consumption.
What are the largest producers of crude cotton-seed oil in Africa?
+
Benin (2.9K tonnes) remains the largest cotton-seed oil producing country in Africa, accounting for 53% of total volume. Moreover, cotton-seed oil production in Benin exceeded the figures recorded by the second-largest producer, Togo (658 tonnes), fourfold. The third position in this ranking was occupied by Ghana (629 tonnes), with a 11% share.
What are the leading suppliers of crude cotton-seed oil in Africa?
+
In value terms, Benin ($1.4M) remains the largest cotton-seed oil supplier in Africa, comprising 52% of total exports. The second position in the ranking was occupied by South Africa ($480K), with a 18% share of total exports. It was followed by Ghana, with a 12% share.
What are the leading importers of crude cotton-seed oil in Africa?
+
In value terms, the largest cotton-seed oil importing markets in Africa were Nigeria ($4.7M), Egypt ($2.6M) and Namibia ($325K), together comprising 94% of total imports.
What is the average export price for crude cotton-seed oil in Africa?
+
The cotton-seed oil export price in Africa stood at $644 per tonne in 2019, with a decrease of -29.2% against the previous year.
What is the average import price for crude cotton-seed oil in Africa?
+
The cotton-seed oil import price in Africa stood at $874 per tonne in 2019, reducing by -8.4% against the previous year.

Product coverage:
• Prodcom 10412500 - Crude cotton-seed oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the cotton-seed oil market in 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 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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