Between 2014 and 2023, China's cottonseed feed fluctuated, reaching 1.53 million metric tons in volume by 2023. Significant variations included a dramatic rise in 2016 and substantial declines in 2015, 2017, and 2018. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 2.2%, indicating slight growth over this period. However, the year-on-year variation for 2023 showed a 0.71% decline, suggesting recent stagnation or slight contraction.
Looking towards the future, forecasts indicate a gradual decline in cottonseed feed volumes, with a forecasted CAGR of -0.61% from 2024 to 2028. The projected 5-year growth rate of -3.03% underscores this downward trend.
Future trends to watch include potential impacts of technological advancements in feed efficiency, changing agricultural policies, and evolving market demands, which might alter the trajectory of cottonseed feed consumption in China.
