Cottonseed Market in Libya
In value terms, cottonseed production expanded rapidly to $ in estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2015 to , production growth failed to regain momentum.
In , the average yield of cottonseed in Libya stood at less than kg per ha, remaining constant against figures. 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 , the total area harvested in terms of cottonseed production in Libya was estimated at less than ha, remaining constant against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.
The revenue of the cottonseed market in Libya rose rapidly to $ in , 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). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2010 to , the growth of the market remained at a somewhat lower figure.