The 2024 analysis of global cottonseed meal export highlights Ivory Coast's dominant position, with a significant 33.78% year-on-year increase, reaching 27.36 thousand metric tons. The United States and Benin experienced considerable declines at -12.12% and -10.99%, respectively, further boosting Ivory Coast's prominence. Other exporters such as Burkina Faso, India, and Zimbabwe faced output reductions, while Cameroon showed minor growth. Kazakhstan remained almost stable with a slight downtrend. Australia's exports saw a dramatic 100% drop in 2023. Over the last five years, these trends illustrate a shifting export landscape, marked by substantial gains for West African countries.
Watch for evolving market dynamics: demand fluctuations in major importing regions, advances in agricultural technology, and potential trade policy changes could further influence global cottonseed meal export shares. The continued investment in agricultural productivity in countries like Ivory Coast could make them even more pivotal in the coming years.
Top countries in Cottonseed Meal Export Share by Country (Thousand Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Ivory Coast | 27.36 | 2023 | +100% | +33.78% | View data |
2 | 2 United States | 16.41 | 2023 | +12.5% | -12.12% | View data |
3 | 3 Benin | 11.55 | 2023 | -5% | -10.99% | View data |
4 | 4 Burkina Faso | 9.12 | 2023 | +20% | -6.06% | View data |
5 | 5 India | 7.6 | 2023 | +13.64% | -4.82% | View data |
6 | 6 Azerbaijan | 6.08 | 2023 | +100% | -11.58% | View data |
7 | 7 Kazakhstan | 4.26 | 2023 | -62.16% | -4.9% | View data |
8 | 8 Tanzania | 3.04 | 2023 | +42.86% | 0% | View data |
9 | 9 Zimbabwe | 3.04 | 2023 | 0% | -6.51% | View data |
10 | 10 Mali | 2.43 | 2023 | 0% | 0% | View data |