"Northern America" region includes following countries:
Earlier Report Observations
The market volume for cottonseed oil in Northern America declined from 230 thousand tons in 2018 to 171 thousand tons in 2023, with a notable contraction in 2022 followed by stabilization.
Global factors such as adverse weather conditions and pest infestations impacted cotton crops, reducing raw material availability and contributing to a sharp drop in production in 2022. This was accompanied by significant price increases for cottonseed oil. During 2022-2023, major companies like Shree Ram Proteins Limited announced plans to build new oil refining plants, indicating industry expansion despite immediate supply challenges.
Shifting consumer preferences towards non-GMO and refined cottonseed oil variants influenced product development, while retail innovations like fixed-price packs launched by GCMMF aimed to enhance market accessibility.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Northern America
- 5.1.1. Annual dynamics of production in Northern America in kind, 2018-2023, K t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Northern America
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cottonseed oil and fractions in Northern America
In kind, 2017-2020, K t
Top producers of cottonseed oil and fractions, 2017-2020
World map of production of cottonseed oil and fractions, 2017-2020
Northern America's production of cottonseed oil and fractions has declined for the third year in a row. In 2020, the region produced 188.0 K t, which represents a 13.8% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 28.5%, averaging an annual decline of 10.6%.
Annual dynamics of production in Northern America in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.4%) | (3.1%) | (13.8%) | (10.6%) |
Exports cottonseed oil and fractions from Northern America
Exports in kind, t
Annual dynamics of product's exports from Northern America in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, China was consistently the primary and nearly exclusive destination for Northern America's exports of cottonseed oil and fractions in kind, accounting for 100.0% of the total.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Northern America in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Northern America in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017-2020 period, China served as the main and almost sole market for Northern America's exports of cottonseed oil and fractions in value terms, making up 100.0% of all shipments.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Northern America in value, 2017-2020
Imports cottonseed oil and fractions to Northern America
Imports in kind, t
In 2020, Northern America's imports of cottonseed oil and fractions reached 4 487 t, marking a 16.0% increase from the previous year. Over the 2017-2020 span, imports grew by 18.5%, with an average annual growth rate of 5.8%. The highest import volume was recorded in 2018 at 5 229 t, while the largest decline occurred in 2019, dropping by 26.0%. The most significant increase was seen in 2018, rising by 38.1%.
Annual dynamics of product's imports to Northern America in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.1% | (26.0%) | 16.0% | 5.8% |
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Northern America in kind, 2017-2020
Imports in value, K $ US
In 2020, Northern America's imports of cottonseed oil and fractions in monetary terms amounted to 6 530 K $ US, reflecting a 14.5% rise compared to the year before. From 2017 to 2020, imports increased by 14.1%, with a compound annual growth rate of 4.5%. The lowest value was in 2019 at 5 703 K $ US, and the peak was in 2018 at 7 442 K $ US. The sharpest decrease happened in 2019, falling by 23.4%, while the largest increase occurred in 2018, climbing by 30.0%.
Annual dynamics of product's imports to Northern America in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 30.0% | (23.4%) | 14.5% | 4.5% |
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Northern America in value, 2017-2020
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