Market research

Cottonseed oil and fractions market in Greece

$Cottonseed oil and fractions market in Greece$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Greek cottonseed oil production and market volume demonstrated strong growth between 2018 and 2022. Output rose from 18.4 thousand tonnes to 26.0 thousand tonnes, while the domestic market expanded from 17.9 thousand tonnes to 28.0 thousand tonnes over the same period. In value terms, the market more than doubled from $23.9 million to $52.1 million, indicating rising prices or a shift toward higher-value products.

This upward trend reversed in 2023, with production falling to 21.5 thousand tonnes and market volume dropping to 21.5 thousand tonnes, levels close to those seen in 2020. The market's value also declined to $36.1 million, down 31% from the 2022 peak.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Greece
  1. 5.1.1. Annual dynamics of production in Greece in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Greece in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cottonseed oil and fractions in Greece

In kind, 2017-2020, t

Greece was among the world's leading producers of cottonseed oil and fractions from 2017 to 2020, ranking 17th globally by production volume.

Top producers of cottonseed oil and fractions, 2017-2020

Source: SHEV.io

World map of production of cottonseed oil and fractions, 2017-2020

Source: SHEV.io

Greece's cottonseed oil and fractions production increased for the third consecutive year. In 2020, the country produced 23 800 tonnes, marking a 5.3% year-over-year gain. Over the 2017-2020 period, production grew by 111.7%, with a compound annual growth rate of 28.4%.

Annual dynamics of production in Greece in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	63.7%	22.8%	5.3%	28.4%

Source: SHEV.io

In value, 2017-2020, K $ US

Cottonseed oil and fractions production in Greece rose for the third year in a row. In 2020, output was valued at 31 073 thousand US dollars, showing a moderate 9.1% increase compared to the previous year. From 2017 to 2020, production value increased by 117.9%, with a compound annual growth rate of 29.6%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	74.6%	14.4%	9.1%	29.6%

Source: SHEV.io

Exports cottonseed oil and fractions from Greece

Exports in kind, t

Exported volumes of cottonseed oil and fractions from Greece declined for the third consecutive year. In 2020, exports totaled 579 tonnes, representing a significant 18.5% decrease compared to 2019. Between 2017 and 2020, exports fell by 72.7%, equating to an annualized decline of 35.1%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(50.6%)	(32.2%)	(18.5%)	(35.1%)

Source: SHEV.io

From 2017 to 2020, Bulgaria and Romania were the dominant destinations for Greece's cottonseed oil and fractions exports in volume terms, jointly accounting for 81.8% of total flows. The remaining volume was distributed among smaller markets.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Greece's cottonseed oil and fractions export value declined for the third consecutive year. In 2020, exports reached 757 thousand US dollars, equivalent to a 15.5% drop compared with 2019. Over the 2017-2020 period, export value decreased by 71.9%, with a compound annual decline of 34.5%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(47.3%)	(36.9%)	(15.5%)	(34.5%)

Source: SHEV.io

Between 2017 and 2020, Bulgaria and Romania together accounted for 81.9% of Greece's total cottonseed oil and fractions export value. Other countries formed a diversified but less significant portion of the market.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in value, 2017-2020

Source: SHEV.io

Imports cottonseed oil and fractions to Greece

Imports in kind, t

After a two-year reduction, cottonseed oil and fractions imports into Greece increased. In 2020, imports totaled 279 tonnes, representing a steep 33.9% rise over the previous year. Over the 2017-2020 period, imports decreased by 57.4%, with a compound annual decline of 24.8%. The lowest volume was recorded in 2019 at 209 tonnes, which also saw the largest decline of 60.1%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(20.3%)	(60.1%)	33.9%	(24.8%)

Source: SHEV.io

From 2017 to 2020, Bulgaria was the dominant supplier of cottonseed oil and fractions to Greece in volume terms, accounting for 75.6% of total imports. Other countries shared the remaining volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. The highest import value was recorded in 2017, while the lowest was in 2019, reflecting a 7.1-fold gap between these years. In 2020, Greece's cottonseed oil and fractions imports registered 188 thousand US dollars, marking a 107.9% gain versus the previous year. The minimum value was recorded in 2019 at 90 thousand US dollars, which also saw the largest decline of 78.7%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(34.0%)	(78.7%)	107.9%	(33.6%)

Source: SHEV.io

Throughout 2017 to 2020, Bulgaria and Hungary remained the key partner countries for Greece's cottonseed oil and fractions imports in value terms, with a combined share of 84.5% of total flows. Other partners accounted for the remainder.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in value, 2017-2020

Source: SHEV.io