The analysis of global cottonseed oil domestic consumption by country reveals several key trends. As of 2023, China and India lead with 1.35 million metric tons each. Brazil follows at 0.7 million metric tons, and other significant consumers include Pakistan, Uzbekistan, and the United States. Year-on-year variations indicate notable increases for Brazil (10.49%), Ivory Coast (22.67%), and Chad (43.1%), while countries like China (-0.44%), Pakistan (-3.07%), and the United States (-3.17%) faced declines. Over a five-year period, the Compound Annual Growth Rate (CAGR) should be assessed to identify average annual changes.
Future trends to watch in the global cottonseed oil market include potential shifts in consumption driven by economic conditions, agricultural production changes, and evolving dietary preferences. Countries experiencing significant growth in recent years may continue to expand their consumption, while those with declining trends might explore alternative oil sources. Monitoring these dynamics will be critical for understanding the market's evolution and identifying opportunities.
Top countries in Cottonseed Oil Domestic Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,350 | 2023 | -8.73% | -0.44% | View data |
| 2 | 2 India | 1,350 | 2023 | -1.1% | +1.87% | View data |
| 3 | 3 Brazil | 700 | 2023 | +20.69% | +10.49% | View data |
| 4 | 4 Pakistan | 385 | 2023 | +54% | -3.07% | View data |
| 5 | 5 Uzbekistan | 190 | 2023 | -5% | +0.53% | View data |
| 6 | 6 United States | 143 | 2023 | +1.42% | -3.17% | View data |
| 7 | 7 Mali | 58 | 2023 | +20.83% | -3.96% | View data |
| 8 | 8 Turkmenistan | 54 | 2023 | 0% | 0% | View data |
| 9 | 9 Cameroon | 34 | 2023 | +9.68% | +2.53% | View data |
| 10 | 10 Myanmar | 32 | 2023 | +68.42% | 0% | View data |
