Brazil's cottonseed meal supply has shown a steady increase from 2023, where it stood at 2.05 million metric tons. Forecast data indicates growth from 2.11 million metric tons in 2024 to 2.37 million metric tons by 2028. Reviewing the year-on-year variation, this translates to:
- 2023 to 2024: +2.93%
- 2024 to 2025: +2.84%
- 2025 to 2026: +3.23%
- 2026 to 2027: +3.13%
- 2027 to 2028: +2.60%
Over the five-year forecast period (2024-2028), the compound annual growth rate (CAGR) is approximately 2.94%.
Future trends to watch for include potential impacts of climate change on cotton production, advancements in agricultural technology, and shifts in global demand for cottonseed meal. These factors may influence both the supply and stability of the market going forward.
