In 2023, China led the global cottonseed oil non-food uses with 76.48 thousand metric tons, despite a decline of 6.62% from the previous year. Turkmenistan and Italy followed with 5.93 and 3.08 thousand metric tons, respectively, both experiencing decreases. The United States maintained its position without change while Germany saw a significant increase of 14.87%. Overall, the five-year compound annual growth rate (CAGR) suggests a general decline in usage globally due to reduced consumption in major countries like China, Italy, and Japan.
Future trends to watch include potential stabilization or resurgence in China's consumption due to governmental policy changes and technological advancements impacting non-food applications, particularly in bioplastics and industrial lubricants.
Top countries in Cottonseed Oil Non-food Uses Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76.48 | 2023 | -6.2% | -6.62% | View data |
| 2 | 2 Turkmenistan | 5.93 | 2023 | -3.57% | -2.09% | View data |
| 3 | 3 Italy | 3.08 | 2023 | -6.67% | -4.9% | View data |
| 4 | 4 Greece | 2.64 | 2023 | 0% | -3.04% | View data |
| 5 | 5 Australia | 2.2 | 2023 | -9.09% | -1.89% | View data |
| 6 | 6 United States | 1.1 | 2023 | 0% | 0% | View data |
| 7 | 7 Tajikistan | 0.88 | 2023 | 0% | -4.36% | View data |
| 8 | 8 Germany | 0.44 | 2023 | 0% | +14.87% | View data |
| 9 | 9 Canada | 0.22 | 2023 | 0% | 0% | View data |
| 10 | 10 Japan | 0.22 | 2023 | 0% | -12.94% | View data |
