India is the largest consumer of cottonseed oil with a stable year-on-year increase of 0.55%. China's demand decreased by 3.07%, while nations like Pakistan and the United States saw modest declines at 0.48% and 0.69%, respectively. Countries such as Burkina Faso and Uganda experienced significant surges, notably 1.24% and 1.92%. However, countries like Italy and Ivory Coast had notable decreases, reflecting diverse regional trends.
Future trends to watch include potential growth in African and South Asian markets due to emerging usage patterns. Meanwhile, the environmental sustainability of cottonseed oil production may influence demand globally. Observing China could reveal key changes, impacting global dynamics. Monitoring evolving trade policies and technological advancements could enrich the market landscape.
Top countries in Cottonseed Oil Demand by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 1,260 | 2023 | +0.4% | +0.55% | View data |
| 2 | 2 China | 1,080 | 2023 | -2.61% | -3.07% | View data |
| 3 | 3 Pakistan | 410 | 2023 | -0.24% | -0.48% | View data |
| 4 | 4 Brazil | 332 | 2023 | +1.22% | 0% | View data |
| 5 | 5 Uzbekistan | 254 | 2023 | +0.79% | +0.16% | View data |
| 6 | 6 United States | 171 | 2023 | -2.29% | -0.69% | View data |
| 7 | 7 Australia | 85 | 2023 | 0% | -0.23% | View data |
| 8 | 8 Mexico | 79 | 2023 | +1.28% | -0.5% | View data |
| 9 | 9 Burkina Faso | 67 | 2023 | +1.52% | +1.24% | View data |
| 10 | 10 Mali | 56 | 2023 | 0% | +1.11% | View data |
