Cottonseed Market Overview in Central African Republic
In value terms, cottonseed production surged to $ in 2019 estimated in export prices. Over the period under review, production posted a significant increase. The growth pace was the most rapid in 2009 with an increase of % against the previous year. Cottonseed production peaked in 2019 and is likely to continue growth in years to come.
The average yield of cottonseed in Central African Republic was estimated at kg per ha in 2019, approximately mirroring the year before. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of cottonseed were harvested in Central African Republic; remaining stable against the previous year. In general, the harvested area showed a relatively flat trend pattern.
The revenue of the cottonseed market in Central African Republic surged to $ in 2019, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a significant increase. The growth pace was the most rapid in 2009 when the market value increased by % year-to-year. Cottonseed consumption peaked in 2019 and is likely to see gradual growth in years to come.