The cottonseed processing industry in Saudi Arabia has experienced fluctuations over the past decade. From a peak of 116.0 thousand metric tons in 2016, the volume has generally trended downwards, reaching 104.0 thousand metric tons in 2023. Notable year-on-year variations include a 9.65% drop from 2014 to 2015 and a 12.62% increase in 2016. The annual average variation (CAGR) over recent years has been minimal. Moving forward, the forecast highlights a gradual decrease to 101.0 thousand metric tons by 2028, reflecting a forecasted CAGR of -0.39%.
Future trends to watch for:
- Potential impacts of technological advancements in processing efficiency.
- Changes in domestic and global cottonseed demand.
- Policy changes and their influence on agricultural production.
