The forecast for Canada's per capita cottonseed oil fat supply indicates a gradual decrease from 0.039 grams per day in 2024 to 0.035 grams per day in 2028. This represents a consistent year-on-year decline of approximately 2.56% based on the provided data. The compounded average growth rate (CAGR) over the next five years is expected to be around -2.63%, indicating a steady reduction in consumption per capita. Without data from 2023, we cannot definitively describe transitions from historical levels, but current projections imply a downward trend.
Future trends to watch include potential changes in consumer preferences towards healthier oil options, which could further decrease cottonseed oil consumption. Additionally, alterations in agricultural production and trade policies may impact the supply and availability of cottonseed oil in Canada.
