In 2023, the United States dominated the global cottonseed export market, holding nearly half of the market share with 47.43 thousand metric tons and experiencing a 3.17% increase. Australia and Greece followed with shares of 13.31 and 12.83 thousand metric tons, each experiencing declines. African nations like the Ivory Coast and Benin were among the leading exporters, though the Ivory Coast's share decreased slightly. Argentina and Togo showed notable growth while Brazil experienced a significant decline of over 22%. Stability was observed in minor exporters such as Uganda, Mexico, and Malawi, where export volumes remained unchanged.
Future trends suggest potential shifts with factors such as environmental conditions, trade policies, and demand affecting export capacities. The United States' significant lead and growth indicate continuing dominance, but resilience in smaller markets like Argentina and Togo could introduce competitive dynamics. Keeping an eye on developing agricultural technologies and regulations worldwide will be critical for anticipating future changes in global cottonseed export volumes.
Top countries in Cottonseed Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 47.43 | 2023 | +3.74% | +3.17% | View data |
| 2 | 2 Australia | 13.31 | 2023 | -6.67% | -1.89% | View data |
| 3 | 3 Greece | 12.83 | 2023 | -2.17% | -2.73% | View data |
| 4 | 4 Ivory Coast | 10.17 | 2023 | -0.93% | -1.77% | View data |
| 5 | 5 Benin | 7.89 | 2023 | +6.41% | +2.6% | View data |
| 6 | 6 Togo | 3.8 | 2023 | +5.26% | +4.56% | View data |
| 7 | 7 Argentina | 1.71 | 2023 | 0% | +6.72% | View data |
| 8 | 8 Zambia | 0.76 | 2023 | 0% | -2.33% | View data |
| 9 | 9 Brazil | 0.67 | 2023 | -36.36% | -22.48% | View data |
| 10 | 10 Myanmar | 0.57 | 2023 | +20% | +14.87% | View data |
