Cottonseed oil-cake market in Spain

Earlier Report Observations

Between 2018 and 2020, the Spanish cottonseed oil-cake market showed stable production volumes around 40 000 t, supporting a market size near 40 000 t. After 2020, production began a downward trend, falling to 34 500 t in 2022. That year, a surge in imports to over 7 000 t offset the lower domestic output, lifting the total market volume to 40 306 t. In 2023, however, production collapsed to 16 219 t, dragging the market size down to 17 070 t.

The sharp contraction in 2023 was driven by exceptionally adverse weather conditions that severely reduced cotton yields, directly cutting the supply of raw material for oil-cake. Earlier, the establishment of specific payment rules for cotton cultivation in 2020 helped maintain stable growing areas and production. Regulatory updates for cotton subsidies and integrated production standards continued through 2023 and into 2024, focusing on sustainability and digital tools for the textile value chain.

Production cottonseed oil-cake in Spain

In kind, 2017-2020, t

From 2017 to 2020, Spain ranked 23rd globally in terms of cottonseed oil-cake production volume.

Top producers of cottonseed oil-cake, 2017-2020

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

In 2020, Spain produced 40 000 tonnes of cottonseed oil-cake, a figure that remained virtually unchanged from 2019. Over the 2017-2020 period, production decreased by 8%, with a compound annual growth rate of -2.8%. The lowest production level was recorded in 2018 at 38 000 tonnes. That year also saw the largest decline of 12.6%, while the largest increase occurred in 2019 with a 5.3% rise.

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

Exports cottonseed oil-cake from Spain

Exports in kind, t

The market experienced noticeable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2020, with a 65-fold difference between these years. In 2020, Spain's cottonseed oil-cake exports totaled 249.8 tonnes, marking a sharp increase of 911.3% compared to the previous year. The largest decline was recorded in 2019 at 3.5%.

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

Between 2017 and 2020, Spain's export partner base for cottonseed oil-cake in kind was extremely narrow, with Portugal accounting for 99.9% of total flows.

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

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

Exports in value, $ US

The market showed significant volatility during these years. The lowest export value was observed in 2017, while the highest occurred in 2020, representing an 85-fold difference. In 2020, Spain's cross-border shipments of cottonseed oil-cake amounted to 72 632 US dollars, up by 985.5% compared to the previous year. The largest decline was recorded in 2019 at 34.4%, while the largest increase occurred in 2018 with a rise of 1 092.6%.

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

From 2017 to 2020, Spain's cottonseed oil-cake exports in value terms were primarily directed to Portugal, which absorbed 97.6% of the total.

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

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

Imports cottonseed oil-cake to Spain

Imports in kind, t

Market behavior was characterized by volatility during these years. Imports dropped to their minimum in 2018 and climbed to their maximum in 2019, showing a 35-fold shift. In 2020, Spain imported approximately 10.1 tonnes of cottonseed oil-cake, representing a decline of 4.7% year-over-year. The minimum value was recorded in 2018 at 0.3 tonnes, while the maximum was in 2019 at 10.6 tonnes. The largest decline occurred in 2018 at 88.3%, and the largest increase was in 2019 with a rise of 3 435.7%.

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

Throughout 2017-2020, Spain's import structure for cottonseed oil-cake in kind was heavily centered on India, which accounted for 88.6% of total flows, with other markets playing a less significant role.

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

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

Imports in value, $ US

These years were marked by volatile market behavior. Import levels fluctuated 7.6 times between the low of 2018 and the high of 2019. In 2020, Spain's cottonseed oil-cake import volume amounted to 26 484 US dollars, corresponding to a decline of 16.9% compared to 2019. The minimum value was recorded in 2018 at 4 202 US dollars, while the maximum was in 2019 at 31 855 US dollars. The largest decline occurred in 2018 at 80.7%, and the largest increase was in 2019 with a rise of 658.2%.

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

From 2017 to 2020, India played the leading role in Spain's cottonseed oil-cake imports in value terms, with a share of 72.1% of total flows, while other markets together accounted for the remainder.

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

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