Cotton Seed price February 2024 and outlook (see chart below)

  • North America:US$0.2/KG, unchanged
The chart below summarizes Cotton Seed price trend per region, as well as the outlook. It takes a moment to load.

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Cotton seed price index

This post is a summary of the global Cotton seed price developments. The price developments of global Cotton seed are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Cotton seed price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for global Cotton seed prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of global Cotton seed prices
  • Recent price developments of underlying feedstocks which drive the price of Cotton seed
  • Market futures for both cost drives and feedstocks of global Cotton seed prices
  • Adjustment of current supply/demand imbalances in the Cotton seed market
  • Longer term trends in likely demand conditions

Further information on the Cotton seed price index

 

What is cotton seed

Cotton seed is the seed of the cotton plant, which is a member of the mallow family. Cotton seeds are covered in a soft, downy fiber known as cotton lint, which is used to make a variety of products, including clothing, bedding, and other textiles.

 

How are cotton seed produced

Cotton seeds are harvested from the cotton plant after the lint has been removed. The seeds are then processed to remove impurities.

 

What are cotton seed used for

Cotton seed are used in a variety of applications, including:

Animal feed

Cotton seeds are rich in protein and are used as a feed supplement for livestock, such as cattle and poultry.

Industrial products

Cotton seeds are used in the production of industrial products, such as lubricants, plastics, and paints.

Cosmetics

Cotton seeds are used in the production of cosmetics, such as moisturizers and lip balms, due to their emollient properties.

Food products

Cotton seeds are also used in the production of food products, such as cooking oil, margarine, and snack foods.

Overall, cotton seeds are an important byproduct of the cotton industry and have a wide range of uses in many different industries.

 

How big is the global cotton seed market

The global cotton seed market is significant, with demand driven by the use of cotton seeds as a feed supplement for livestock and the production of industrial products, cosmetics, and food products. According to a report by Mordor Intelligence, the global cotton seed market was valued at approximately USD 11 billion in 2020 and is expected to reach USD 15 billion by 2025, at a compound annual growth rate of 5.7%.

The Asia-Pacific region is the largest market for cotton seeds, followed by Europe and North America. The growth in the Asia-Pacific region is driven by the increasing demand for feed supplements and the production of industrial products, while the demand in Europe and North America is driven by the cosmetics and food industries.

Overall, the demand for cotton seeds is likely to remain strong in the coming years due to their wide range of uses and the growing demand for feed supplements and industrial products. However, the cotton seed market is subject to fluctuations in price and supply due to factors such as weather conditions, disease outbreaks, and economic conditions in cotton-producing countries.

According to https://oec.world/ :

Cotton are the world’s 55th most traded product.

In 2020, the top exporters of Cotton were China ($8.98B), United States ($7.1B), India ($5.9B), Brazil ($3.32B), and Pakistan ($2.79B).

In 2020, the top importers of Cotton were China ($8.5B), Bangladesh ($5.28B), Vietnam ($3.6B), Turkey ($2.49B), and Pakistan ($2.1B).

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  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
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  • We are reviewing all data sources in the first half of 2024.
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