Sweden: Cottonseed Market Overview 2021

Cottonseed Market Size in Sweden

For the fourth consecutive year, the Swedish cottonseed market recorded decline in sales value, which decreased by -X% to $X in 2019. In general, consumption faced a sharp decrease. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.

Cottonseed Exports

Exports from Sweden

In 2019, overseas shipments of cottonseed increased by X% to X kg, rising for the eighth year in a row after two years of decline. Overall, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, cottonseed exports fell remarkably to $X in 2019. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for cottonseed exports from Sweden, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the Netherlands stood at +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for cottonseed exports from Sweden.

From 2007 to 2019, the average annual growth rate of value to the Netherlands amounted to +X%.

Export Prices by Country

In 2019, the average cottonseed export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price saw a significant curtailment. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Cottonseed Imports

Imports into Sweden

In 2019, after three years of decline, there was significant growth in purchases abroad of cottonseed, when their volume increased by X% to X kg. In general, imports, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, cottonseed imports skyrocketed to $X in 2019. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Spain (X kg) was the main supplier of cottonseed to Sweden, with a X% share of total imports. Moreover, cottonseed imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Spain totaled +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of cottonseed to Sweden, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands totaled +X%.

Import Prices by Country

In 2019, the average cottonseed import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2015; however, from 2016 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 the Netherlands ($X per tonne), while the price for Spain amounted to $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cottonseed in the world?

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The countries with the highest volumes of cottonseed consumption in 2019 were the U.S. (344K tonnes), Australia (330K tonnes) and China (186K tonnes), together comprising 42% of global consumption. These countries were followed by South Korea, Mali, Italy, Saudi Arabia, Mexico, Japan, Zambia, Brazil, Mozambique and Togo, which together accounted for a further 48%.

What are the largest producers of cottonseed in the world?

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The countries with the highest volumes of cottonseed production in 2019 were the U.S. (661K tonnes), Australia (336K tonnes) and Cote d'Ivoire (273K tonnes), together comprising 65% of global production. These countries were followed by Greece, Brazil, Zambia and Mozambique, which together accounted for a further 27%.

What are the leading suppliers of cottonseed to Sweden?

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In value terms, the Netherlands ($993) constituted the largest supplier of cottonseed to Sweden, comprising 72% of total imports. The second position in the ranking was occupied by Spain ($341), with a 25% share of total imports.

What are the leading importers of cottonseed from Sweden?

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In value terms, the Netherlands ($30) remains the key foreign market for cottonseed exports from Sweden.

What is the average export price for cottonseed in Sweden?

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The average cottonseed export price stood at $140 per tonne in 2019, waning by -32.9% against the previous year.

What is the average import price for cottonseed in Sweden?

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The average cottonseed import price stood at $4,461 per tonne in 2019, picking up by 50% against the previous year.