Cottonseed Market Overview in Germany
In value terms, cottonseed production skyrocketed to $ in 2019 estimated in export prices. Over the period under review, production, however, saw a dramatic curtailment. The pace of growth appeared the most rapid in 2016 with an increase of % y-o-y. As a result, production attained the peak level of $. From 2017 to 2019, production growth remained at a somewhat lower figure.
The average yield of cottonseed in Germany was estimated at kg per ha in 2019, remaining constant against the previous year's figure. Overall, 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, the harvested area of cottonseed in Germany stood at ha, approximately mirroring the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.
The value of the cottonseed market in Germany skyrocketed to $ in 2019, with an increase of % 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 posted significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.