The cottonseed import forecast for Mexico shows a consistent increase from 2024 to 2028. The data predicts an annual growth from 53.0 thousand metric tons in 2024 to 57.0 thousand metric tons in 2028. Looking at year-on-year variation, we see a steady increase of approximately 1.9% each year.
In 2023, the actual cottonseed import was 52.0 thousand metric tons. Comparing with the forecast data, there’s a clear upward trend. The last two years showed variations of 1.9% annually, continuing into future projections.
Future trends to watch for:
- Potential impact of policy changes in agricultural import regulations within Mexico.
- Developments in domestic cottonseed production capabilities and overall demand from related industries.
- Fluctuations in global cottonseed market prices and the influence of changing weather patterns on cultivation and yields.