Forecast: Cottonseed Processing in the US

From 2014 to 2023, there was notable variation in the US cottonseed processing volume. Values peaked in 2014 (1.46 million metric tons) and experienced fluctuations with a general downward trend, standing at 1.15 million metric tons in 2023. Significant yearly changes include a 23.82% decline in 2015, a 16.58% rise in 2016, and a 14.39% decrease in 2018. The average annual decrease over the last five years (2019-2023) was 0.67%. Forecast for 2024 and beyond suggests a continuation of this trend, with a 5-year CAGR predicting an average decline of 1.22% per year, leading to a 5.94% reduction by 2028 (1.06 million metric tons).

Future trends to watch for:

  • Technological advancements in cottonseed processing that could improve efficiency
  • Shifts in agricultural policies impacting cotton production and processing
  • Market demand for cottonseed byproducts, such as oil and animal feed

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