In 2023, the import value of cottonseed or fractions simply refined to Germany stood at approximately 1.5850 million US dollars. Forecasted data from 2024 to 2028 shows a consistent year-on-year increase, averaging around 3.8% annually. This steady rise reflects growing demand or potentially increasing prices in the commodity market. The Compound Annual Growth Rate (CAGR) over this five-year period is a significant indicator of positive market performance.
Future trends to watch for include:
- Potential changes in international trade policies affecting import dynamics.
- Shifts in domestic demand for cottonseed products driven by industry needs.
- Fluctuations in global cottonseed prices influencing import values.
