Cotton-Seed Oil Market Overview in Ireland
In value terms, cotton-seed oil production fell notably to $ in 2019 estimated in export prices. In general, production saw a precipitous decline. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. Cotton-seed oil production peaked at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the cotton-seed oil market in Ireland fell sharply to $ in 2019, with a decrease 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). Overall, consumption showed a deep slump. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.