The cottonseed seed market in Argentina experienced a general decline from 2014 to 2023, standing at 25.0 thousand metric tons in 2023. Notably, there was a significant drop between 2014 and 2016, with the values decreasing from 38.0 to 25.0 thousand metric tons. This was followed by a recovery in 2018 before resuming a downward trend. The year-on-year variations have shown notable fluctuations, with a gain of 34.78% in 2018 being an outlier. The CAGR over the last five years up to 2023 stood at -4.21%.
Looking forward from 2024 to 2028, the forecast suggests a continued slow decline with an average CAGR of -1.73%. The value is expected to drop to 22.0 thousand metric tons by 2028, indicating an 8.33% decrease over the five-year period.
Future trends to watch for include potential shifts in agricultural policies, climate change impacts, and international trade dynamics that may influence production volumes and market demand for cottonseed seeds in Argentina.
