The data shows an overall fluctuating trend in Brazil's cottonseed production from 2014 to 2023, starting at 2.67 million metric tons in 2014 and reaching 2.97 million metric tons in 2023. Notable variations include a substantial decline in 2016 with a -13.58% year-on-year variation, followed by a strong recovery in 2018 with a 26.27% increase. The more recent years see minor growths, with a 0.85% year-on-year increase in both 2022 and 2023. The five-year CAGR until 2023 was -0.55%, indicating a slight overall decline in production during that period.
Future trends suggest modest growth, with forecast data projecting an increase to 3.1 million metric tons by 2028. The five-year CAGR forecasted from 2024 is 0.68%, with an anticipated 3.43% growth rate over the next five years. This indicates a stable but slow upward trend in production.
Future trends to watch for include advancements in agricultural technologies, climate change impact, and economic factors affecting Brazil's cottonseed production.
