The quantity of cottonseed oil shipped by Italy in 2020 was 27,103 metric tonnes. In 2019 Italy shipped 25,157 tonnes of cottonseed oil. Through 2019 alone, the demand for Italy cottonseed oil (processed category) has escalated, recording a change of 14.122 pc compared to the year 2018. Between 2017 and 2019, cottonseed oil's exports increased by 64.42 pc earning Italy US$38.00m for the year 2019. Italy's cottonseed oil exports are categorised as:
- Crude cotton-seed oil (HS code 151221)
- Sunflower-seed or safflower oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151219)
- Cotton-seed oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151229)
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Italia olio di semi di cotone export values
In 2019, Italy supplied cottonseed oil valued at 38.00m USD, a growth of 22.98% from 2018's total cottonseed oil export of 30.9m USD. The annual change in value of Italy cottonseed oil between 2017 to 2018 was 33.224 per cent.
The per year variation in the volume of Italy's cottonseed oil exports between 2017 and 2019 was 64.42 percent when compared to a variation of 14.122% in the growth rate between 2018 and 2019.
Italy's stake of the world's total cottonseed oil's exports in 2019 was less than 1%. Italy is ranked position 44 in world exports of cottonseed oil.
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Export markets for Italia olio di semi di cotone ( in '000$ )
Italy's best performing destinations for cottonseed oil are Nigeria, Albania, France, Yemen and Spain.
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Import/Export Trends
Italy is a net importer of cottonseed oil. The annual growth of Italy cottonseed oil in value between 2015 to 2019 was 1%, per year, while annual growth in quantity through the same period was 1%, per annum.
Italy purchased 71,025 tonnes of cottonseed oil in 2019.
