The forecasted cottonseed supply in the US shows a steady increase from 2024 to 2028, with values moving from 4.47 million metric tons in 2024 to 4.53 million metric tons in 2028. Considering that we are in 2024 and based on available historical data, the supply in 2023 was approximately 4.46 million metric tons. This signifies minimal year-on-year variation.
By analyzing the data, the year-on-year growth rates for the forecast period are stable and show incremental increases around 0.22% from 2024 to 2025 and 0.45% from 2025 to 2026. Further, the progression continues with 0.22% growth from 2026 to 2027 and 0.44% from 2027 to 2028, demonstrating a slight acceleration in growth.
Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 0.33% per year, indicating a generally stable supply trend. While the supply shows a steady rise, it is important to keep an eye on factors such as changing agricultural practices, climate conditions, and market dynamics that could impact future cottonseed production.
Future trends to watch for include advances in agricultural technology that may boost yield efficiency, potential impacts of climate change on crop health, and shifts in global market demand for cottonseed by-products. Monitoring these trends will be crucial for accurately anticipating and adapting to future supply shifts in the US cottonseed market.
