From 2013 to 2023, India's cottonseed production showed significant fluctuations, peaking at 12.293 million metric tons in 2013 and 12.017 in 2014, then dropped to 9.527 in 2018. The recent data indicates a slight upward trend. For instance, production stood at 10.425 million metric tons in 2023, growing modestly by 0.52% year-on-year and reflecting an overall modest CAGR of 1.82% over the past five years.
The next five years forecast a continued slight growth, with a CAGR of 0.42% and an expected rise to 10.706 million metric tons by 2028, a 2.12% increase over 2023.
Future trends to watch for include the effects of technological advancements in agriculture, changing climatic conditions, and government policies affecting cotton cultivation, which can potentially impact future production figures. Additionally, tracking global demand and export dynamics is crucial for understanding the broader market influences on cottonseed production.
