The cottonseed demand in India is projected to decline from 8.95 million metric tons in 2024 to 8.25 million metric tons in 2028. This represents a year-on-year decrease of approximately 2% from 2024 to 2028.
From 2023 to 2024, the demand is expected to hold steady at 8.95 million metric tons, indicating no significant change. However, between 2024 and 2025, the demand will decrease by 2.01%. The following years will see continuous drops, with 2.05% between 2025 and 2026, 1.98% from 2026 to 2027, and 2.02% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is forecasted to be a negative 1.99%.
Future trends to watch for include potential impacts from changes in agricultural policies, technological advancements in seed production, and economic factors affecting farmers' decisions. Additionally, shifts in domestic and international market conditions could either mitigate or exacerbate the predicted decline in cottonseed demand.
