The global export of cotton seed oilcake and other solid residues in 2023 reveals a diverse landscape. The United States leads with $29.468 million, demonstrating a modest growth of 0.56% year-on-year. Tanzania and Azerbaijan exhibit strong growth at 12.15% and 14.54%, respectively. Meanwhile, Austria and Kazakhstan also show positive growth trends. In contrast, Zimbabwe, Australia, and the United Kingdom face significant declines. Several countries maintain stability, with Benin having a slight decrease. Over the past five years, the market has shown fluctuating CAGR signs, reflecting variability in market demand and supply circumstances.
Future trends in the global export market for cotton seed oilcake and other solid residues may include increased diversification in export markets, driven by augmented agricultural productivity in emerging economies. Additionally, sustainable practices and innovations in production may become critical drivers as environmental concerns continue to grow. Monitoring geopolitical shifts and trade agreements will also be crucial in understanding future market dynamics.
Top countries in Export of Cotton Seed Oilcake and Other Solid Residues by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,468,000 | 2023 | +1.19% | +0.56% | View data |
| 2 | 2 Tanzania | 17,966,000 | 2023 | -1.4% | +12.15% | View data |
| 3 | 3 Burkina Faso | 14,950,000 | 2023 | +4.23% | +5.45% | View data |
| 4 | 4 Greece | 13,038,000 | 2023 | +5.02% | +7.38% | View data |
| 5 | 5 India | 11,559,000 | 2023 | +2.02% | +7.46% | View data |
| 6 | 6 Benin | 11,294,000 | 2023 | +3.88% | -0.51% | View data |
| 7 | 7 Ivory Coast | 7,538,800 | 2023 | +6.33% | +1.88% | View data |
| 8 | 8 Azerbaijan | 5,808,800 | 2023 | +4.88% | +14.54% | View data |
| 9 | 9 Zambia | 4,865,200 | 2023 | +2.05% | +1.04% | View data |
| 10 | 10 Kazakhstan | 3,874,300 | 2023 | -1.82% | +6.09% | View data |
