Finland: Cottonseed Market Overview 2021

Cottonseed Market Size in Finland

The Finnish cottonseed market declined rapidly to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Cottonseed Production in Finland

In value terms, cottonseed production skyrocketed to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Cottonseed production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

In 2019, the average yield of cottonseed in Finland totaled X kg per ha, remaining relatively unchanged against the year before. In general, the yield continues to indicate 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, approx. X ha of cottonseed were harvested in Finland; remaining constant against the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Cottonseed Exports

Exports from Finland

In 2019, exports of cottonseed from Finland reached X kg, approximately mirroring 2018. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, cottonseed exports soared to $X in 2019. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for cottonseed exports from Finland, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands totaled +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for cottonseed exports from Finland.

From 2007 to 2019, the average annual growth rate of value to the Netherlands stood at +X%.

Export Prices by Country

The average cottonseed export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

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

Cottonseed Imports

Imports into Finland

After two years of decline, purchases abroad of cottonseed decreased by -X% to X kg in 2019. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, cottonseed imports contracted significantly to $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the Netherlands (X kg) was the main supplier of cottonseed to Finland, with a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Netherlands totaled +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands stood at +X%.

Import Prices by Country

The average cottonseed import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period under review, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne; afterwards, it flattened through to 2019.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cottonseed in the world?

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The countries with the highest volumes of cottonseed consumption in 2019 were the U.S. (344K tonnes), Australia (330K tonnes) and China (186K tonnes), with a combined 42% share of global consumption. South Korea, Mali, Italy, Saudi Arabia, Mexico, Japan, Zambia, Brazil, Mozambique and Togo lagged somewhat behind, together accounting for a further 48%.

What are the largest producers of cottonseed in the world?

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The countries with the highest volumes of cottonseed production in 2019 were the U.S. (661K tonnes), Australia (336K tonnes) and Cote d'Ivoire (273K tonnes), together accounting for 65% of global production. These countries were followed by Greece, Brazil, Zambia and Mozambique, which together accounted for a further 27%.

What are the leading suppliers of cottonseed to Finland?

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In value terms, the Netherlands ($782) constituted the largest supplier of cottonseed to Finland.

What are the leading importers of cottonseed from Finland?

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In value terms, the Netherlands ($1.6K) remains the key foreign market for cottonseed exports from Finland.

What is the average export price for cottonseed in Finland?

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The average cottonseed export price stood at $2,510 per tonne in 2019, rising by 35% against the previous year.

What is the average import price for cottonseed in Finland?

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The average cottonseed import price stood at $5,253 per tonne in 2019, increasing by 6.5% against the previous year.