Key Market Indicators
Togolese demand for cottonseed oil is set to increase over the next five years. In 2021, the country was ranked 21st in the world for consumption of the oil, with 9 thousand metric tons. This figure is expected to increase to 11.2 thousand metric tons by 2026, with a 3.5% year-on-year growth rate. Since 2017, the demand for cottonseed oil in Togo has been growing at a rate of 4% per year. Kyrgyzstan overtook Togo in 2021, with a consumption rate of 9 thousand metric tons. China, Brazil, and Uzbekistan ranked second, third, and fourth respectively.