In 2023, the cottonseed oil supply in China stood at 1.36 million metric tons. The forecasted data for the upcoming years show a steady increase, with 2024 expected to see 1.37 million metric tons, followed by further incremental growth each year up to 1.42 million metric tons by 2028. The year-on-year variation percentage illustrates a consistently modest rise: 2024 (0.74%), 2025 (0.73%), 2026 (1.45%), 2027 (0.71%), and 2028 (0.71%). This reflects an average annual growth rate of approximately 0.87% over the forecast period.
Future trends to watch for:
- Climate change impacts on cotton cultivation
- Advances in agricultural technology and practices
- Market demand fluctuations influenced by economic conditions
