Cottonseed oil and fractions market Turkey

Earlier Report Observations

Between 2018 and 2021, Turkey's market for cottonseed oil and fractions contracted significantly, with total volume falling from 207.5 thousand tons to 149.6 thousand tons. This decline was mirrored in domestic production, which dropped from 208.8 thousand tons to 160.1 thousand tons over the same period.

A clear reversal began in 2022, as the market volume rebounded to 185.7 thousand tons and continued growing to 190.4 thousand tons in 2023. Production followed a similar recovery path, reaching 196.3 thousand tons in 2023.

The market's recovery phase coincided with broader global shifts, including rising consumer preference for healthier edible oils such as non-GMO and organic cottonseed oil. Furthermore, the expansion of applications in food processing and personal care products contributed to increased consumption, supporting the growth in domestic production and market volume.

Production cottonseed oil and fractions Turkey

In kind, 2017-2020, K t

Between 2017 and 2020, Turkey ranked as the world's sixth-largest producer of cottonseed oil and fractions.

Top producers of cottonseed oil and fractions, 2017-2020

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

Turkey's production of cottonseed oil and fractions declined for the second year in a row. In 2020, the country produced 171.9 thousand tonnes, marking a 14.8% decrease from the previous year. Over the period from 2017 to 2020, production fell by 9.1%, which translates to an average annual decline of 3.1%. The highest output was recorded in 2018 at 208.8 thousand tonnes, with the largest year-on-year increase of 10.4% also occurring that year.

Annual dynamics of production Turkey in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Turkey's production value of cottonseed oil and fractions dropped for the second consecutive year. In 2020, the output was valued at 163.7 million US dollars, showing little change compared to 2019. From 2017 to 2020, the production value decreased by 18%, averaging a 6.4% annual decline. The peak value was reached in 2018 at 208.4 million US dollars. The most significant decrease occurred in 2019 with a 21.3% drop, while the largest increase was in 2018 at 4.4%.

Annual dynamics of production Turkey in value, 2017-2020, M $ US

Exports cottonseed oil and fractions to Turkey

Exports in kind, t

The market displayed an unstable trend during this period. Exports reached their lowest point in 2018 at 1 281 tonnes and peaked in 2019 at 9 986 tonnes, representing a 7.8-fold difference. In 2020, Turkey's cottonseed oil and fractions exports totaled 9 032 tonnes, showing a modest decline of 9.6% from the previous year. The largest decrease was recorded in 2018 at 27.5%, while the most substantial increase occurred in 2019 with a 679.3% surge.

Annual dynamics of product's exports to Turkey in kind, 2017-2020, t

From 2017 to 2020, Australia, Malaysia, and Japan remained the top buyers of cottonseed oil and fractions from Turkey, accounting for 87.0% of total exports in volume. Australia led with 42.3% of exports, followed by Malaysia at 33.3%, and Japan at 11.5%.

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

World map of product's exports to Turkey in kind, 2017-2020

Exports in value, K $ US

The market experienced volatility throughout the timeframe. Exports in value terms varied 6.7 times, from a low of 1 279 thousand US dollars in 2018 to a high in 2020. In 2020, Turkey's cottonseed oil and fractions exports amounted to 8 600 thousand US dollars, representing a 5.9% increase from 2019. The most significant decline was in 2018 at 31.4%, while the largest increase occurred in 2019 with a 535.0% rise.

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

During 2017–2020, Australia, Malaysia, and Japan formed the core markets for Turkey's cottonseed oil and fractions exports in value terms, collectively representing 85.3% of total flows. Australia accounted for 42.9% of exports, Malaysia for 30.6%, and Japan for 11.9%.

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

World map of product's exports to Turkey in value, 2017-2020

Imports cottonseed oil and fractions in Turkey

Imports in kind, t

The market showed signs of volatility over the observed period. Imports varied dramatically, from a low of 8 tonnes in 2018 to a high of 2 187 tonnes in 2020, a 261-fold difference. In 2020, Turkey's imports of cottonseed oil and fractions reached 2 187 tonnes, which is 4 591.9% higher than in 2019. The largest decline was recorded in 2018 at 20.2%.

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

Between 2017 and 2020, Turkey's imports of cottonseed oil and fractions were heavily concentrated on Azerbaijan, which accounted for 98.9% of total imports in volume.

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

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

Imports in value, K $ US

Volatility characterized the market during these years. Imports in value terms showed a 40-fold gap, with the lowest value recorded in 2019 at 33 thousand US dollars and the highest in 2020. In 2020, Turkey imported cottonseed oil and fractions valued at 33 thousand US dollars, reflecting a sharp increase of 3 948.3% compared to 2019. The largest decline occurred in 2019 at 20.5%.

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

From 2017 to 2020, Turkey's imports of cottonseed oil and fractions in value terms were almost entirely concentrated in Azerbaijan, which held a 92.0% share.

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

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