The forecast for cottonseed distribution in India shows a consistent year-on-year increase from 2024 to 2028, growing from 11.2 million metric tons in 2024 to 11.58 million metric tons in 2028. Compared to 2023, where the actual data stood at a smaller figure, 2024 marks the beginning of a period of projected growth. The year-on-year variations reveal a steady increment:
- 2024 to 2025: Approximately 0.89% increase
- 2025 to 2026: Approximately 0.80% increase
- 2026 to 2027: Approximately 0.88% increase
- 2027 to 2028: Approximately 0.78% increase
The compound annual growth rate (CAGR) over the five years from 2023 to 2028 is around 0.83%. This demonstrates moderate but stable growth in cottonseed distribution.
Future trends to watch for include the impact of agricultural policies, technological advancements in farming practices, and market demand fluctuations, which could influence both production and distribution dynamics in the cottonseed sector.