The import of cottonseed or fractions simply refined to India is forecasted to rise from 3.3668 million kilograms in 2024 to 4.1196 million kilograms in 2028. In comparison, the 2023 actual import volume stood at approximately 3.18 million kilograms, indicating a consistent upwards trajectory. Year-on-year growth shows an increase of approximately 5.8% in 2025, around 5.3% in 2026, roughly 5% in 2027, and about 4.6% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 5.2%.
Future trends to watch for include:
- Potential policy changes in agricultural imports by the Indian government.
- Fluctuations in global cottonseed production due to climate impact.
- Shifts in demand for cotton-based products influencing import reliance.
- Technological advancements in refining processes that might affect import needs.