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Philippines - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends And Insights
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Philippines: Refined Cotton-Seed Oil Market Overview 2021

Refined Cotton-Seed Oil Market Size in the Philippines

In 2019, after three years of growth, there was decline in the Philippine refined cotton-seed oil market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Refined cotton-seed oil consumption peaked at $X in 2018, and then reduced in the following year.

Refined Cotton-Seed Oil Production in the Philippines

In value terms, refined cotton-seed oil production dropped modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Refined Cotton-Seed Oil Exports

Exports from the Philippines

In 2019, approx. X kg of refined cotton-seed oil were exported from the Philippines; declining by -X% compared with 2018 figures. Overall, exports continue to indicate a precipitous decline. Over the period under review, exports attained the maximum at X kg in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, refined cotton-seed oil exports declined sharply to $X in 2019. Over the period under review, exports recorded a precipitous shrinkage. Exports peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

Andorra (X kg) was the main destination for refined cotton-seed oil exports from the Philippines, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Andorra was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to Andorra was relatively modest.

Export Prices by Country

The average refined cotton-seed oil export price stood at $X per tonne in 2018, with an increase of X% against the previous year. In general, the export price recorded a significant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2018, the rate of growth in terms of prices for Andorra amounted to X% per year.

Refined Cotton-Seed Oil Imports

Imports into the Philippines

In 2019, purchases abroad of refined cotton-seed oil decreased by -X% to X kg for the first time since 2016, thus ending a two-year rising trend. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth imports failed to regain the momentum.

In value terms, refined cotton-seed oil imports plummeted to $X in 2019. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Switzerland (X kg), Singapore (X kg) and India (X kg) were the main suppliers of refined cotton-seed oil imports to the Philippines, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Singapore (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X) constituted the largest supplier of refined cotton-seed oil to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Switzerland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and India (-X% per year).

Import Prices by Country

The average refined cotton-seed oil import price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the near future.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined cotton-seed oil in the world?
+
The countries with the highest volumes of refined cotton-seed oil consumption in 2019 were China (760K tonnes), the U.S. (409K tonnes) and India (278K tonnes), together comprising 31% of global consumption. These countries were followed by Japan, Russia, Brazil, Germany, Indonesia, Bangladesh, Pakistan, France, the UK and Nigeria, which together accounted for a further 25%.
What are the largest producers of refined cotton-seed oil in the world?
+
The countries with the highest volumes of refined cotton-seed oil production in 2019 were China (761K tonnes), the U.S. (446K tonnes) and India (277K tonnes), with a combined 32% share of global production. Japan, Brazil, Russia, Germany, Indonesia, Bangladesh, Pakistan, France, the UK and Italy lagged somewhat behind, together accounting for a further 24%.
What are the leading suppliers of refined cotton-seed oil to the Philippines?
+
In value terms, Switzerland ($3.9K) constituted the largest supplier of refined cotton-seed oil to the Philippines, comprising 77% of total imports. The second position in the ranking was occupied by Singapore ($963), with a 19% share of total imports.
What is the average export price for refined cotton-seed oil in the Philippines?
+
The average refined cotton-seed oil export price stood at $6,500 per tonne in 2018, growing by 405% against the previous year.
What is the average import price for refined cotton-seed oil in the Philippines?
+
In 2019, the average refined cotton-seed oil import price amounted to $8,754 per tonne, increasing by 162% against the previous year.

Product coverage:
• Prodcom 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined cotton-seed oil market in the Philippines. 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.


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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