The analysis of the Cottonseed Processing industry in Chile reveals a fluctuating yet generally declining trend in the last decade. From 2014 to 2019, the production fluctuated between 4 and 7 thousand metric tons, stabilizing at 6 thousand metric tons for three consecutive years. However, there was a notable decline starting in 2021, with 5 thousand metric tons maintained throughout 2023. The CAGR over the past five years was negative at -3.58%, indicating a downward trend.
Future trends to watch for:
- The forecast suggests a steady output of 5 thousand metric tons from 2024 through 2027, with a decline to 4 thousand metric tons in 2028.
- The 5-year CAGR forecast is -4.36%, indicating a continued, slow decline in production levels.
- The industry might face challenges such as market demand shifts, climatic conditions, and shifts in agricultural practices impacting the production.
