Ecuador: Cottonseed Market Overview 2021

Cottonseed Market Size in Ecuador

The Ecuadorian cottonseed market fell to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Cottonseed Production in Ecuador

In value terms, cottonseed production shrank rapidly to $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

In 2019, the average yield of cottonseed in Ecuador stood at X kg per ha, approximately equating the previous year. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of cottonseed production in Ecuador was estimated at X ha, leveling off at the year before. In general, the harvested area showed a relatively flat trend pattern.

Cottonseed Exports

Exports from Ecuador

Cottonseed exports from Ecuador amounted to X kg in 2019, standing approx. at 2018. Overall, exports showed a relatively flat trend pattern.

In value terms, cottonseed exports stood at $X in 2019. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Cottonseed Imports

Imports into Ecuador

In 2019, cottonseed imports into Ecuador totaled X tonnes, approximately reflecting 2018 figures. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, cottonseed imports stood at $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Spain (X tonnes) was the main cottonseed supplier to Ecuador, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of cottonseed to Ecuador.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain was relatively modest.

Import Prices by Country

In 2019, the average cottonseed import price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the import price recorded a sharp contraction. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2007 to 2019, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cottonseed in the world?

+

The countries with the highest volumes of cottonseed consumption in 2019 were China (9.9M tonnes), India (9.6M tonnes) and the U.S. (5M tonnes), with a combined 60% share of global consumption. These countries were followed by Pakistan, Brazil, Australia, Turkey, Uzbekistan and Mexico, which together accounted for a further 28%.

What are the largest producers of cottonseed in the world?

+

The countries with the highest volumes of cottonseed production in 2019 were China (9.7M tonnes), India (9.6M tonnes) and the U.S. (5.2M tonnes), with a combined 60% share of global production. These countries were followed by Pakistan, Brazil, Australia, Turkey, Uzbekistan and Mexico, which together accounted for a further 27%.

What are the leading suppliers of cottonseed to Ecuador?

+

In value terms, Spain ($36K) constituted the largest supplier of cottonseed to Ecuador.

What is the average import price for cottonseed in Ecuador?

+

The average cottonseed import price stood at $209 per tonne in 2019, stabilizing at the previous year.