Ecuador - Cottonseed - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Ecuador: Cottonseed Market Overview 2020
Cottonseed Market Size in Ecuador
The revenue of the cottonseed market in Ecuador amounted to $X in 2018, approximately equating the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the cottonseed market reached its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.
Cottonseed Production in Ecuador
In value terms, cottonseed production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Cottonseed production peaked at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.
Imports into Ecuador
In 2018, the cottonseed imports into Ecuador stood at X tonnes, rising by X% against the previous year. In general, cottonseed imports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. In that year, cottonseed imports attained their peak of X tonnes. From 2012 to 2018, the growth of cottonseed imports failed to regain its momentum.
In value terms, cottonseed imports stood at $X in 2018. Over the period under review, cottonseed imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.
Imports by Country
In 2018, Costa Rica (X tonnes) was the main supplier of cottonseed to Ecuador, with a approx. X% share of total imports.
From 2007 to 2018, the average annual growth rate of volume from Costa Rica totaled +X%.
In value terms, Costa Rica ($X) constituted the largest supplier of cottonseed to Ecuador.
From 2007 to 2018, the average annual rate of growth in terms of value from Costa Rica stood at +X%.
Import Prices by Country
The average cottonseed import price stood at $X per tonne in 2018, waning by -X% against the previous year. Over the period under review, the cottonseed import price continues to indicate a precipitous reduction. The growth pace was the most rapid in 2015 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for cottonseed reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.
As there is only one major supplying country, the average price level is determined by prices for Costa Rica.
From 2007 to 2018, the rate of growth in terms of prices for Costa Rica amounted to -X% per year.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the cottonseed market in Ecuador. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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