Cotton-Seed Oil Market Overview in Angola
In value terms, cotton-seed oil production rose notably to $ in estimated in export prices. In general, production recorded a moderate increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. from 2016 to , production growth remained at a lower figure.
The size of the cotton-seed oil market in Angola rose slightly 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). Over the period under review, consumption recorded a tangible increase. The growth pace was the most rapid in 2008 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2015; however, from 2016 to , consumption remained at a lower figure.