In 2024, China's cottonseed imports lead globally at 500 thousand metric tons. South Korea and Saudi Arabia follow with 165 and 120 thousand metric tons respectively. Notable importers include Japan at 100, Burkina Faso at 70, and Mali at 65 thousand metric tons. The United States shows a significant year-on-year increase of 114.11% to 45 thousand metric tons. Variations reveal substantial surges in China (114.54%) and declines in countries like Mali (-15.51%) and Mexico (-10.07%). Some countries, including Kyrgyzstan, Syria, Iran, Azerbaijan, and Kazakhstan, exhibit no change in import volumes.
Future trends to watch include the continued growth of China's dominance in cottonseed imports, driven by increasing demand in its textile industry. Meanwhile, the growing import activity in regions like Saudi Arabia and the United States signals expanding domestic production capacities. Monitoring economic policies and weather patterns in key producing countries will also be crucial for future forecasting.
Top countries in Cottonseed Import by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 500 | 2023 | -24.81% | +114.54% | View data |
| 2 | 2 South Korea | 165 | 2023 | +17.86% | +1.92% | View data |
| 3 | 3 Saudi Arabia | 120 | 2023 | -31.43% | +2.13% | View data |
| 4 | 4 Japan | 100 | 2023 | +7.53% | +1.03% | View data |
| 5 | 5 Burkina Faso | 70 | 2023 | +27.27% | -4.26% | View data |
| 6 | 6 Mali | 65 | 2023 | +8.33% | -15.51% | View data |
| 7 | 7 Mexico | 60 | 2023 | +566.67% | -10.07% | View data |
| 8 | 8 United States | 45 | 2023 | -51.09% | +114.11% | View data |
| 9 | 9 South Africa | 15 | 2023 | +25% | -1.28% | View data |
| 10 | 10 Kyrgyzstan | 9 | 2023 | +12.5% | View data |
