Qatar: Cotton-Seed Oil Market Overview 2021

Cotton-Seed Oil Market Size in Qatar

The Qatari cotton-seed oil market was estimated at $X in 2020, remaining relatively unchanged against the previous year. In general, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Cotton-Seed Oil Production in Qatar

In value terms, cotton-seed oil production stood at $X in 2020 estimated in export prices. Overall, production enjoyed a prominent increase. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2020 and is likely to see steady growth in years to come.

Cotton-Seed Oil Imports

Imports into Qatar

Cotton-seed oil imports into Qatar dropped markedly to X kg in 2020, shrinking by -X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, cotton-seed oil imports shrank markedly to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Malaysia (X tonnes) was the main cotton-seed oil supplier to Qatar, with a X% share of total imports. Moreover, cotton-seed oil imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Malaysia was relatively modest.

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

From 2007 to 2019, the average annual growth rate of value from Malaysia was relatively modest.

Import Prices by Country

In 2019, the average cotton-seed oil import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2018 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was India ($X per tonne), while the price for Malaysia amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia.

Source: IndexBox Platform