The forecasted distribution of cottonseed oil in Japan shows a declining trend over the next five years. In 2024, the distribution is expected to be 4.0 thousand metric tons, a significant drop from the previous year, 2023. This decrease continues steadily through 2025 and 2026, with a distribution level of 3.0 thousand metric tons, decreasing further to 2.0 thousand metric tons by 2027 and 2028. The year-on-year variation highlights a notable annual decline, averaging a CAGR (Compound Annual Growth Rate) that reflects this downward trend.
Future trends to watch for include:
- Exploration of alternate oil sources by manufacturers due to declining cottonseed oil availability.
- Potential economic and environmental factors influencing agricultural yields and oil extraction processes.
- Shifting consumer preferences toward healthier and more sustainable oil options.
- Advancements in agricultural biotechnology that could affect cottonseed production and oil yield.