India: Cottonseed Market 2022

Cottonseed Market Size in India

The Indian cottonseed market contracted to $X in 2020, approximately equating the previous year. In general, the total consumption indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Cottonseed Production in India

In value terms, cottonseed production dropped to $X in 2020 estimated in export prices. Over the period under review, the total production indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

The average yield of cottonseed in India amounted to X kg per ha in 2020, approximately equating 2019. Over the period under review, the yield recorded 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 2020, approx. X ha of cottonseed were harvested in India; approximately mirroring 2019 figures. Overall, the harvested area recorded a relatively flat trend pattern.

Cottonseed Exports

Exports from India

In 2020, shipments abroad of cottonseed increased by X% to X tonnes, rising for the fourth year in a row after four years of decline. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, cottonseed exports skyrocketed to $X in 2020. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Nepal (X tonnes), Kenya (X tonnes) and Nigeria (X tonnes) were the main destinations of cottonseed exports from India, with a combined X% share of total exports. Sudan, Malawi, Zimbabwe and Kuwait lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Zimbabwe (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for cottonseed exports from India, comprising X% of total exports. The second position in the ranking was occupied by Zimbabwe ($X), with a X% share of total exports. It was followed by Malawi, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Sudan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+X% per year) and Malawi (+X% per year).

Export Prices by Country

The average cottonseed export price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per tonne in 2019, and then dropped notably in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per tonne), while the average price for exports to Kuwait ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Cottonseed Imports

Imports into India

In 2020, the amount of cottonseed imported into India amounted to X tonnes, standing approx. at the previous year. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, cottonseed imports totaled $X in 2020. In general, imports saw a relatively flat trend pattern. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Benin (X tonnes) was the main cottonseed supplier to India, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Benin was relatively modest.

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

From 2007 to 2020, the average annual growth rate of value from Benin was relatively modest.

Import Prices by Country

In 2020, the average cottonseed import price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Benin amounted to X% per year.

Source: IndexBox Platform