The domestic consumption of cottonseed oil in China was last recorded at 1.36 million metric tons in 2023. Forecasts suggest a steady growth trend, with consumption projected to reach 1.42 million metric tons by 2028. This indicates a year-on-year average increase of approximately 0.73%, considering the compound annual growth rate (CAGR). The consumption level is expected to rise steadily from 2024 to 2028.
Future trends to watch for include:
- Rising health consciousness influencing oil choice.
- Potential shifts in cooking habits affecting demand.
- Impact of economic factors on domestic consumption.
- Global market trends and technological advancements in oil extraction.
