The historical data on cottonseed production in Spain from 2014 to 2023 shows a fluctuating trend. In 2014, production stood at 91.0 thousand metric tons, declining significantly by 16.48% and 21.05% in 2015 and 2016, respectively. It then rebounded strongly in 2017 with a 48.33% increase. Production stabilized around 86.0 thousand metric tons from 2019 onwards, with minor variations. By 2023, it remained at 86.0 thousand metric tons, showing no year-on-year change.
The last five years recorded a compound annual growth rate (CAGR) of -0.46%, indicating a slight overall decline. Looking ahead, forecasted data from 2024 to 2028 suggests a stable trend with no expected growth, aligning with a forecasted 5-year CAGR and growth rate of 0%.
Future trends to watch for include the potential impact of climate change on agriculture, advancements in farming technology, and shifts in market demand which could influence production levels.
