The forecast for the cottonseed oil supply in India shows a steady increase from 2024 to 2028, moving from 1.38 to 1.44 million metric tons. In 2023, the actual supply stood at 1.36 million metric tons. Year-on-year growth rates indicate a modest upward trend: 1.45% from 2024 to 2025, 0.71% from 2025 to 2026, 0.71% from 2026 to 2027, and 1.41% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.14%.
Future trends to watch for include:
- Potential policy changes impacting cottonseed oil production.
- Technological advancements in agriculture and oil extraction processes.
- Market demand fluctuations due to economic and consumer behavior changes.
