France: Cotton-Seed Oil Market 2024

Cotton-Seed Oil Market Size in France

The French cotton-seed oil market contracted dramatically to $X in 2023, declining by X% against the previous year. In general, consumption, however, recorded a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2022, and then reduced sharply in the following year.

Cotton-Seed Oil Production in France

In value terms, cotton-seed oil production contracted slightly to $X in 2023 estimated in export price. In general, production, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Cotton-Seed Oil Exports

Exports from France

In 2023, approx. X tons of cotton-seed oil were exported from France; dropping by X% compared with the previous year's figure. Over the period under review, exports, however, showed moderate growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, cotton-seed oil exports reduced rapidly to $X in 2023. Overall, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

Exports by Country

Wallis and Futuna Islands (X tons) was the main destination for cotton-seed oil exports from France, accounting for a X% share of total exports. Moreover, cotton-seed oil exports to Wallis and Futuna Islands exceeded the volume sent to the second major destination, Madagascar (X tons), twofold. The Dominican Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Wallis and Futuna Islands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (X% per year) and the Dominican Republic (X% per year).

In value terms, Wallis and Futuna Islands ($X), Madagascar ($X) and Spain ($X) appeared to be the largest markets for cotton-seed oil exported from France worldwide, with a combined X% share of total exports. Tunisia, the Dominican Republic, Mauritius and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Tunisia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average cotton-seed oil export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Wallis and Futuna Islands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton-Seed Oil Imports

Imports into France

In 2023, approx. X tons of cotton-seed oil were imported into France; waning by X% on the previous year. In general, imports, however, posted buoyant growth. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, cotton-seed oil imports declined significantly to $X in 2023. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2023, Spain (X tons) constituted the largest cotton-seed oil supplier to France, accounting for a X% share of total imports. Moreover, cotton-seed oil imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, Spain ($X) constituted the largest supplier of cotton-seed oil to France, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

Import Prices by Country

The average cotton-seed oil import price stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform