Cottonseed demand in Brazil has experienced fluctuations over the last decade, with notable yearly variations. Post declines in 2015 and 2016, demand surged in 2017 and 2018. Although there were negative growths in 2019 and 2020, a rebound occurred in 2021. The current value in 2023 stands at 2.9 million metric tons, with slight year-over-year growth and a negative 5-year CAGR of -0.44%. From 2024 onwards, forecasts predict a steady increase in demand, reaching 3.04 million metric tons by 2028, reflecting a 5-year CAGR of 0.7% and a 5-year growth rate of 3.56%.
Future trends to watch for include advancements in agricultural technology and shifts in the global textile industry, which could significantly impact cottonseed demand. Additionally, changes in domestic policies and trade dynamics may alter the agricultural landscape in Brazil, further influencing demand patterns.
