Forecast: Cottonseed Demand in Saudi Arabia

The demand for cottonseed in Saudi Arabia experienced fluctuations between 2014 and 2023, starting at 114.0 thousand metric tons in 2014 and stabilizing at 104.0 thousand metric tons by 2023. The year-on-year variation shows significant changes, with notable decreases in years such as 2015 (-9.65%) and 2018 (-7.96%) and increases like in 2016 (12.62%) and 2021 (5.26%). Over the last five years leading to 2023, the CAGR was neutral at 0%, indicating a general stabilization in demand.

The forecast for the next five years, up to 2028, indicates a slight downward trend with an average annual decrease of -0.46%, resulting in an overall projected decline of -2.3% by 2028.

Future Trends to Watch For:

  • Global trade dynamics affecting cottonseed supply chains.
  • Local agricultural policies and support mechanisms for cottonseed production.
  • Technological advancements in agriculture that could influence cottonseed usage efficiency.
  • Environmental and climate factors impacting overall agricultural yield and cottonseed demand.
  • Potential shifts in domestic demand related to dietary and industrial uses of cottonseed.

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