Over the past decade, the cottonseed value in China has shown a general declining trend. As of 2023, the value stood at 187.0 thousand metric tons. From 2014, there was a noticeable reduction in value, starting from 251.0 thousand metric tons. Significant yearly variations included a -9.16% drop in 2015 and fluctuations that averaged a -1.92% annual decline over the last five years. Between 2022 and 2023, the value decreased by 2.09%.
Looking ahead, further decreases are forecasted, with an expected average annual decline (CAGR) of -1.58% from 2024 to 2028, resulting in a total reduction of -7.65% over this period. Future trends to watch for include potential changes in agricultural policies, advancements in cottonseed breeding technology, and shifts in domestic market demand which could influence production volumes and value.
