The global cottonseed oil market size volume in 2024 showed significant variation among countries. India led with 1.13 million metric tons, followed by China and Brazil with 0.732 and 0.332 million metric tons respectively. Countries like the United States and Australia showed lower volumes at 0.108 and 0.074 million metric tons. Notably, African countries like Burkina Faso and Mali experienced growth, with 0.067 and 0.056 million metric tons, respectively.
Year-on-year variations from 2023 to 2024 indicate diverse trends. India's market grew by 0.63%, while China experienced a decline of 1.06%. Other notable changes include a rise in Uganda at 1.92%, Togo at 4.56%, and a decline in countries such as Ivory Coast by 1.8% and Argentina by 4.36%. The average yearly changes spanning five years reveal diverse regional dynamics.
Future trends to watch in the global cottonseed oil market include potential expansion in Asian and African countries due to ongoing agricultural policies, technological advancements, and shifts in consumer preferences. Monitoring these developments will be crucial for stakeholders aiming to navigate this dynamic market.
Top countries in Cottonseed Oil Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 1,130 | 2023 | +0.44% | +0.63% | View data |
| 2 | 2 China | 732 | 2023 | -0.81% | -1.06% | View data |
| 3 | 3 Brazil | 332 | 2023 | +1.22% | 0% | View data |
| 4 | 4 Uzbekistan | 208 | 2023 | +0.48% | +0.49% | View data |
| 5 | 5 United States | 108 | 2023 | -1.82% | -0.37% | View data |
| 6 | 6 Australia | 74 | 2023 | 0% | -0.27% | View data |
| 7 | 7 Pakistan | 67 | 2023 | -1.47% | -2.49% | View data |
| 8 | 8 Burkina Faso | 67 | 2023 | +1.52% | +1.24% | View data |
| 9 | 9 Mali | 56 | 2023 | 0% | +1.11% | View data |
| 10 | 10 Tajikistan | 40 | 2023 | 0% | +0.51% | View data |
