Cottonseed oil-cake market in South-eastern Asia

Earlier Report Observations

The cottonseed oil-cake market in South-eastern Asia contracted significantly from 96 624 t in 2018 to 71 937 t in 2022, with production following a similar downward trend. This was followed by a sharp recovery in 2023, when market volume jumped to 88 223 t, largely due to a substantial increase in imports that year.

The market rebound in 2023 was primarily driven by rising demand for protein-rich animal feed ingredients across the Asia-Pacific region, fueled by urbanization, growing incomes, and the expansion of livestock and dairy industries. Concurrently, technological improvements in oilseed extraction and refining processes enhanced production efficiency and yield, supporting the supply side.

Growth was also shaped by shifting consumer preferences toward organic and chemical-free feed inputs. However, the presence of the toxic metabolite gossypol in cottonseed cake continued to limit its use in feed formulations for non-ruminant animals, influencing product application within the animal nutrition sector.

Production cottonseed oil-cake in South-eastern Asia

In kind, 2017-2020, K t

Top producers of cottonseed oil-cake, 2017-2020

World map of production of cottonseed oil-cake, 2017-2020

After two years of decline, cottonseed oil-cake production in South-eastern Asia increased in 2020. The region produced 82.2 K t that year, marking a slight improvement of 2.0% compared to 2019. Production reached its lowest point in 2019 at 80.6 K t, with the largest annual decline of 16.4% occurring that same year. Overall, between 2017 and 2020, production decreased by 20.6%, which translates to an average annual decline of 7.4%.

Annual dynamics of production in South-eastern Asia in kind, 2017-2020, K t

In value, 2017-2020, K $ US

Cottonseed oil-cake production in South-eastern Asia declined for the second consecutive year in 2020. The output was valued at 23 037 K $ US, representing a small decrease of 1.4% from 2019. Production peaked in 2018 at 27 870 K $ US, with the largest annual increase of 2.5% recorded that year. The largest annual decline of 16.2% occurred in 2019. From 2017 to 2020, production fell by 15.3%, averaging an annual decline of 5.4%.

Annual dynamics of production in South-eastern Asia in value, 2017-2020, K $ US

Exports cottonseed oil-cake from South-eastern Asia

Exports in kind, t

Cottonseed oil-cake exports from South-eastern Asia increased for the third consecutive year in 2020. The region exported 3 114 t, which represents a significant gain of 66.3% compared to the previous year. Over the period from 2017 to 2020, exports surged by 387.7%, with a compound annual growth rate of 69.6%.

Annual dynamics of product's exports from South-eastern Asia in kind, 2017-2020, t

From 2017 to 2020, South Korea and Japan were the primary destinations for cottonseed oil-cake exports from South-eastern Asia, accounting for most of the shipments in kind. Other markets played a less significant role individually during this period.

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

World map of product's exports from South-eastern Asia in kind, 2017-2020

Exports in value, K $ US

Cottonseed oil-cake export volume from South-eastern Asia rose for the third year in a row in 2020. The export value reached 872.5 K $ US, up by 60.8% from the previous year. Between 2017 and 2020, exports grew by 420.4%, with a compound annual growth rate of 73.3%.

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

In the period from 2017 to 2020, the export structure in value terms was heavily concentrated on South Korea, which accounted for 72.2% of total flows. Other partners made up the remainder of the exports.

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

World map of product's exports from South-eastern Asia in value, 2017-2020

Imports cottonseed oil-cake to South-eastern Asia

Imports in kind, t

Following two years of reduction, cottonseed oil-cake imports into South-eastern Asia increased in 2020. Imports totaled 778 t, up by 26.7% compared to 2019. The lowest import volume was recorded in 2019 at 614 t, with the largest annual decline of 37.9% occurring that year. Overall, from 2017 to 2020, imports decreased by 31.2%, averaging an annual decline of 11.7%.

Annual dynamics of product's imports to South-eastern Asia in kind, 2017-2020, t

Between 2017 and 2020, the geographical pattern of imports in kind was dominated by India and China, which together accounted for 85.0% of total flows into South-eastern Asia.

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

World map of product's imports to South-eastern Asia in kind, 2017-2020

Imports in value, K $ US

In 2020, South-eastern Asia imported 308.5 K $ US worth of cottonseed oil-cake, an advance of 40.7% from the previous year. Imports reached their lowest point in 2019 at 219.2 K $ US, with the largest annual decline of 47.7% recorded that year. The peak was in 2018 at 419.4 K $ US. From 2017 to 2020, imports fell by 25.9%, averaging an annual decline of 9.5%.

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

Over the 2017–2020 period, India and China together absorbed 87.1% of the total import value of cottonseed oil-cake into South-eastern Asia, indicating a high degree of concentration in the market.

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

World map of product's imports to South-eastern Asia in value, 2017-2020