Germany: Cottonseed Market Overview 2021

Cottonseed Market Size in Germany

In 2019, the German cottonseed market increased by X% to $X, rising for the fifth year in a row after three years of decline. In general, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cottonseed Exports

Exports from Germany

In 2019, after two years of decline, there was significant growth in shipments abroad of cottonseed, when their volume increased by X% to X tonnes. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, cottonseed exports surged to $X in 2019. In general, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Italy (X tonnes) was the main destination for cottonseed exports from Germany, with a X% share of total exports. Moreover, cottonseed exports to Italy exceeded the volume sent to the second major destination, Denmark (X tonnes), fivefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and the Netherlands (-X% per year).

In value terms, Italy ($X) emerged as the key foreign market for cottonseed exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2019, the average cottonseed export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into Germany

In 2019, purchases abroad of cottonseed increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cottonseed imports soared to $X in 2019. Over the period under review, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, the Netherlands (X tonnes) was the main supplier of cottonseed to Germany, accounting for a X% share of total imports. Moreover, cottonseed imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Israel (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cottonseed to Germany, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Israel (-X% per year).

Import Prices by Country

In 2019, the average cottonseed import price amounted to $X per tonne, remaining stable against the previous year. Over the period under review, the import price recorded a modest expansion. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Israel ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

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), with a combined 65% share of global production. Greece, Brazil, Zambia and Mozambique lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of cottonseed to Germany?

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In value terms, the Netherlands ($783K) constituted the largest supplier of cottonseed to Germany, comprising 95% of total imports. The second position in the ranking was occupied by Italy ($32K), with a 3.9% share of total imports.

What are the leading importers of cottonseed from Germany?

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In value terms, Italy ($148K) emerged as the key foreign market for cottonseed exports from Germany, comprising 45% of total exports. The second position in the ranking was occupied by Denmark ($69K), with a 21% share of total exports. It was followed by the Netherlands, with a 14% share.

What is the average export price for cottonseed in Germany?

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In 2019, the average cottonseed export price amounted to $2,301 per tonne, rising by 6.8% against the previous year.

What is the average import price for cottonseed in Germany?

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In 2019, the average cottonseed import price amounted to $973 per tonne, standing approx. at the previous year.