In 2023, China and India led cottonseed domestic consumption globally, with China experiencing moderate growth and India a slight decline. Brazil saw a significant increase in consumption, while the United States and Pakistan faced reductions. Other notable increases were seen in Nigeria, Argentina, and Paraguay, though Mexico and several African countries like Burkina Faso saw decreases. Overall, the trend varies by region, reflecting regional agricultural practices and economic conditions. Over the last five years, the compound annual growth rate (CAGR) has shown fluctuations due to the dynamic nature of agricultural production and environmental factors affecting yields.
Future trends to watch include the impact of climate change on crop yields, technological advancements in agriculture, and potential shifts in international trade policies. Sustainable practices and climate resilience efforts will likely shape future cottonseed consumption patterns, with emerging markets playing a crucial role in driving growth.
Top countries in Cottonseed Domestic Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 11,080 | 2023 | -12.72% | +0.18% | View data |
| 2 | 2 India | 10,600 | 2023 | -4.74% | -0.83% | View data |
| 3 | 3 Brazil | 4,810 | 2023 | +27.25% | +10.36% | View data |
| 4 | 4 United States | 3,500 | 2023 | -11.25% | -5.88% | View data |
| 5 | 5 Pakistan | 2,710 | 2023 | +56.47% | -3.86% | View data |
| 6 | 6 Uzbekistan | 1,150 | 2023 | -10.16% | +0.53% | View data |
| 7 | 7 Australia | 780 | 2023 | +1.3% | -1.82% | View data |
| 8 | 8 Argentina | 520 | 2023 | -0.95% | +5.92% | View data |
| 9 | 9 Mexico | 430 | 2023 | -20.37% | -7.93% | View data |
| 10 | 10 Mali | 390 | 2023 | +36.84% | -4.46% | View data |
