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Australia - Cottonseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCottonseed Price in Australia - 2023
Contents:
- Cottonseed Price in Australia (FOB) - 2022
- Cottonseed Price in Australia (CIF) - 2022
- Cottonseed Exports in Australia
- Cottonseed Imports in Australia
Cottonseed Price in Australia (FOB) - 2022
The average cottonseed export price stood at $412 per ton in 2022, growing by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($509 per ton) and China ($422 per ton), while the average price for exports to Japan ($343 per ton) and South Korea ($364 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cottonseed Price in Australia (CIF) - 2022
The average cottonseed import price stood at $1,699 per ton in 2022, surging by 11% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 440% against the previous year. As a result, import price attained the peak level of $4,907 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.0% per year.
Cottonseed Exports in Australia
In 2022, cottonseed exports from Australia soared to 632K tons, increasing by 134% against the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 8,029% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cottonseed exports skyrocketed to $261M in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 7,770%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Cottonseed in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.2 | 1.3 | 56.5 | 201 | 350.4% |
South Korea | N/A | N/A | 21.9 | 28.4 | 29.7% |
Japan | 0.1 | N/A | 18.1 | 17.7 | 461.5% |
United States | N/A | N/A | 8.3 | 13.3 | 60.2% |
Others | 0.1 | N/A | 1.3 | 0.5 | 71.0% |
Total | 2.4 | 1.3 | 106 | 261 | 377.3% |
Top Export Markets for Cottonseed from Australia in 2022:
- China (476.0K tons)
- South Korea (78.1K tons)
- Japan (51.5K tons)
- United States (26.1K tons)
Cottonseed Imports in Australia
In 2022, purchases abroad of cottonseed decreased by -5.5% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 465%. As a result, imports attained the peak of 21 tons, and then dropped in the following year.
In value terms, cottonseed imports reached $34K in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 376% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Cottonseed in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.4 | 6.8 | 1.8 | 33.9 | 339.3% |
Uganda | N/A | N/A | 23.8 | N/A | 0% |
France | N/A | N/A | 3.3 | N/A | 0% |
Others | 1.4 | 1.9 | 3.3 | N/A | 53.5% |
Total | 1.8 | 8.7 | 32.3 | 33.9 | 166.1% |
Top Suppliers of Cottonseed to Australia in 2022:
- India (20.0 tons)
This report provides an in-depth analysis of the cottonseed market in Australia. 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 2030.
Product coverage:
- FCL 329 - Cottonseed
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The Cottonseed exports peaked in 2023 and are projected to keep growing in the future, reaching a value of $286M.
In June 2023, the Cottonseed price in Australia was $391 per ton (FOB), showing a decrease of 1.6% compared to the previous month.
In July 2022, the cottonseed price per ton amounted to $398.4 (FOB, Australia), declining by -10.4% against the previous month.
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
Global melon seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.