The forecasted distribution of cottonseed oil in the US shows a declining trend from 197.0 thousand metric tons in 2024 to 171.0 thousand metric tons in 2028. In 2023, the actual distribution stood at 203.0 thousand metric tons. The year-on-year percentage decrease from 2024 to 2025 is approximately 3.05%, followed by a 3.66% decrease from 2025 to 2026. From 2026 to 2027, there is a decrease of about 3.80%, and from 2027 to 2028, the decrease continues at roughly 3.39%. The compound annual growth rate (CAGR) over the five-year period indicates an average yearly decline of 3.54%.
Trends to watch: Consider monitoring shifts in agricultural practices and technological advances in oil extraction, which may impact cottonseed oil production efficiency. Additionally, changes in consumer preferences toward alternative oils and sustainability concerns could influence the market.