In 2023, the US exported 36.9 thousand metric tons of cottonseed oil. The forecast indicates a steady decline in export volumes from 2024 to 2028. The year-on-year decrease rates are approximately -4.0% for 2024, -4.0% for 2025, -4.1% for 2026, -4.2% for 2027, and -4.2% for 2028. The compound annual growth rate (CAGR) over the five-year forecast period stands at approximately -4.1%.
Future trends to watch for include global demand shifts, changes in agricultural policy impacting cotton production, and evolving consumer preferences towards alternative oils. Monitoring these factors will be crucial for accurately forecasting long-term export volumes.
