
Ireland - Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Cotton-Seed Oil Market Overview 2021
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Cotton-Seed Oil Market Size in Ireland
In 2019, the Irish cotton-seed oil market decreased by -X% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption showed a abrupt descent. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Cotton-seed oil consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.
Cotton-Seed Oil Production in Ireland
In value terms, cotton-seed oil production contracted markedly to $X in 2019 estimated in export prices. Over the period under review, production saw a dramatic decline. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Cotton-seed oil production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
Cotton-Seed Oil Exports
Exports from Ireland
In 2019, shipments abroad of cotton-seed oil decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.
In value terms, cotton-seed oil exports dropped rapidly to $X in 2019. Over the period under review, exports showed a significant contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.
Exports by Country
France (X tonnes) was the main destination for cotton-seed oil exports from Ireland, with a approx. X% share of total exports.
From 2007 to 2019, the average annual growth rate of volume to France totaled +X%.
In value terms, France ($X) also remains the key foreign market for cotton-seed oil exports from Ireland.
From 2007 to 2019, the average annual growth rate of value to France totaled +X%.
Export Prices by Country
The average cotton-seed oil export price stood at $X per tonne in 2019, remaining stable against the previous year. Overall, export price indicated a strong expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cotton-seed oil export price decreased by +X% against 2017 indices. The growth pace was the most rapid in 2009 an increase of X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2007 to 2019, the rate of growth in terms of prices for France amounted to +X% per year.
Cotton-Seed Oil Imports
Imports into Ireland
In 2019, purchases abroad of cotton-seed oil decreased by -X% to X tonnes, falling for the fourth consecutive year after two years of growth. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
In value terms, cotton-seed oil imports contracted markedly to $X in 2019. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.
Imports by Country
The UK (X tonnes), Germany (X tonnes) and Belgium (X tonnes) were the main suppliers of cotton-seed oil imports to Ireland, with a combined X% share of total imports.
From 2007 to 2019, the biggest increases were in the UK, while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest cotton-seed oil suppliers to Ireland were the UK ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Lithuania and France, which together accounted for a further X terms of the main suppliers, Lithuania recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average cotton-seed oil import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Lithuania ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, 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 cotton-seed oil in the world?+
The countries with the highest volumes of cotton-seed oil consumption in 2019 were India (1.3M tonnes), China (1.2M tonnes) and Pakistan (380K tonnes), with a combined 64% share of global consumption.
What are the largest producers of cotton-seed oil in the world?+
The countries with the highest volumes of cotton-seed oil production in 2019 were India (1.3M tonnes), China (1.2M tonnes) and Pakistan (380K tonnes), with a combined 64% share of global production.
What are the leading suppliers of cotton-seed oil to Ireland?+
In value terms, the UK ($6.6K), Belgium ($4.5K) and Germany ($2.7K) appeared to be the largest cotton-seed oil suppliers to Ireland, with a combined 83% share of total imports. These countries were followed by Lithuania and France, which together accounted for a further 16%.
What are the leading importers of cotton-seed oil from Ireland?+
In value terms, France ($3.2K) remains the key foreign market for cotton-seed oil exports from Ireland.
What is the average export price for cotton-seed oil in Ireland?+
The average cotton-seed oil export price stood at $2,685 per tonne in 2019, remaining constant against the previous year.
What is the average import price for cotton-seed oil in Ireland?+
The average cotton-seed oil import price stood at $1,806 per tonne in 2019, rising by 12% against the previous year.
This report provides an in-depth analysis of the cotton-seed oil market in Ireland. 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 2025.
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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