The forecasted data for cottonseed domestic consumption in China indicates a steady increase from 11.35 million metric tons in 2024 to 11.66 million metric tons by 2028. The consumption value for 2023 stood at 11.28 million metric tons. Over the last two years, the variations are observed as follows:
- 2024 vs. 2023: +0.62%
- 2025 vs. 2024: +0.71%
- 2026 vs. 2025: +0.61%
- 2027 vs. 2026: +0.7%
- 2028 vs. 2027: +0.69%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately +0.69% indicating a slow yet consistent growth in cottonseed domestic consumption.
Future trends to watch for include potential impacts of technological advancements in cottonseed processing, shifts in domestic agricultural policies, and any changes in the global cottonseed market affecting supply and demand dynamics.
