The forecasted supply of cottonseed oil in Canada from 2024 to 2028 shows a stable outlook, consistently at 6.0 Thousand Metric Tons each year. This value is projected to remain unchanged over the five-year period, indicating no year-on-year percentage variation. It is essential to note that the supply stood at 6.0 Thousand Metric Tons in 2023 as well, with no growth or decline over the last two years. The Compound Annual Growth Rate (CAGR) over these five years remains at 0%, reflecting a static supply trend.
Future trends to watch for include potential shifts in agricultural policies, changes in cotton production levels, advancements in processing technologies, and variations in domestic and global demand for cottonseed oil. Monitoring these factors will be crucial for assessing any deviations from the current forecasted stability.
