The cottonseed oil production in France has shown a downward trend over the past decade. In 2023, the production stood at 152 metric tons. Analyzing the past two years, there was a year-on-year decrease of 1.3% in 2023 and 0.65% in 2022. Over the last five years, the compound annual growth rate (CAGR) has been negative at -1.14%, indicating a steady decline.
Looking forward, the forecast for 2028 predicts a continued decrease of 4.5% from the 2023 levels, with a forecasted CAGR of -0.92%. This suggests that the downward trend in production is expected to persist.
Future trends to watch for include potential changes in agricultural policies, technological advancements in cottonseed processing, and shifts in global supply and demand that could impact production levels.
