Cottonseed Market Overview in Argentina
In value terms, cottonseed production declined to $ in estimated in export prices. In general, production showed prominent growth. The growth pace was the most rapid in 2010 when the production volume increased by % year-to-year. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to , production stood at a somewhat lower figure.
In , the average cottonseed yield in Argentina stood at kg per ha, flattening at the previous year's figure. In general, the yield recorded 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 , approx. ha of cottonseed were harvested in Argentina; flattening at the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.
The revenue of the cottonseed market in Argentina contracted slightly to $ in , which is down 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). Overall, consumption recorded a pronounced expansion. The pace of growth was the most pronounced in 2010 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption remained at a lower figure.