Japan: Cotton-Seed Oil Market 2024

Cotton-Seed Oil Market Size in Japan

The Japanese cotton-seed oil market declined to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a perceptible decrease. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Cotton-Seed Oil Production in Japan

In value terms, cotton-seed oil production rose to $X in 2022 estimated in export price. In general, production, however, saw a slight descent. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Cotton-seed oil production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Cotton-Seed Oil Exports

Exports from Japan

In 2022, approx. X tons of cotton-seed oil were exported from Japan; waning by X% against 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cotton-seed oil exports declined dramatically to $X in 2022. Over the period under review, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Singapore (X tons) was the main destination for cotton-seed oil exports from Japan, with a X% share of total exports. Moreover, cotton-seed oil exports to Singapore exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Singapore ($X) emerged as the key foreign market for cotton-seed oil exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average cotton-seed oil export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced a decline.

Cotton-Seed Oil Imports

Imports into Japan

Cotton-seed oil imports into Japan contracted dramatically to X tons in 2022, dropping by X% compared with the previous year's figure. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cotton-seed oil imports fell to $X in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons) and Greece (X tons) were the main suppliers of cotton-seed oil imports to Japan.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%).

In value terms, the largest cotton-seed oil suppliers to Japan were Turkey ($X) and Greece ($X).

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average cotton-seed oil import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :