The cottonseed processing industry in Argentina has experienced significant fluctuations over the past decade, with volumes peaking in 2014 at 155.0 thousand metric tons and declining consistently in subsequent years. By 2023, the figure stood at 76.0 thousand metric tons, showing a year-on-year decrease of 3.8% and a 5-year CAGR of -8.27%. Notably, between 2015 and 2017, a sharp decline was observed, followed by a transient recovery in 2018. The industry failed to regain its previous highs in the following years, maintaining a steady downward trend.
Looking forward, from 2024 to 2028, the forecast suggests continued decline with a CAGR of -4.23%, amounting to an anticipated total reduction of 19.44% over the five-year period. Key trends to monitor in the future include:
- Technological advancements in processing efficiency
- Impacts of climate change on cotton cultivation
- Shifts in domestic and international demand
- Policy changes affecting agricultural production
