In 2023, China and India emerged as the leading suppliers of global cottonseed, commanding shares of 25.07 and 25.02 thousand metric tons respectively, despite a minimal variation with India experiencing a slight decline by -0.78% and China a marginal increase of 0.18%. Brazil, seeing a significant rise of 9.69%, secured the third spot with 11.33 thousand metric tons. The United States noted a downturn of -6.19% to 9.07 thousand metric tons. Australia, with a remarkable increase of 10.66%, and Argentina with an increase of 6.21% also showed strong growth, while Mexico faced a substantial reduction of -9.72%.
Countries like Uzbekistan, Nigeria, Iran, and Pakistan had mixed results with slight increases and decreases. Noteworthy growth was observed in Paraguay (47.27%) and Chad (42.73%), while South Africa and Togo saw notable declines of -15.22% and -26.43% respectively. Generally, the sector exhibited a dynamic shift with countries like Sudan, Azerbaijan, and Cameroon registering moderate growth.
Looking ahead, it is important to monitor the sustained growth trends in Brazil and Australia, and the recovery or further decline in the United States and Mexico. Additionally, the remarkable rise in smaller suppliers like Paraguay and Chad should be watched to understand their potential impact on the global supply landscape over the upcoming years.
Top countries in Cottonseed Supply Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25.07 | 2023 | -12.72% | +0.18% | View data |
| 2 | 2 India | 25.02 | 2023 | -4.45% | -0.78% | View data |
| 3 | 3 Brazil | 11.33 | 2023 | +25.71% | +9.69% | View data |
| 4 | 4 United States | 9.07 | 2023 | -10.03% | -6.19% | View data |
| 5 | 5 Pakistan | 6.46 | 2023 | +61.17% | -3.81% | View data |
| 6 | 6 Australia | 3.68 | 2023 | -12.77% | +10.66% | View data |
| 7 | 7 Uzbekistan | 2.66 | 2023 | -10.9% | +0.27% | View data |
| 8 | 8 Argentina | 1.35 | 2023 | +2.58% | +6.21% | View data |
| 9 | 9 Mexico | 1.1 | 2023 | -20.03% | -9.72% | View data |
| 10 | 10 Mali | 1 | 2023 | +38.32% | -4.43% | View data |
