In 2023, India led global cottonseed meal supply, holding 4.34 million metric tons, a 1.6% year-on-year increase. China and Brazil followed with 4.05 and 2.16 million metric tons respectively; China saw a slight decrease of 0.44%, while Brazil experienced a significant 10.03% increase. Pakistan and Uzbekistan reported declines, with figures of -2.71% and -1.49% year-on-year respectively. The United States also recorded a notable reduction of 4.54%. Countries like Ivory Coast and Chad saw considerable growth, with Ivory Coast increasing by 13.25% and Chad by an impressive 44.96%, while Mexico and Australia witnessed sharp declines of -13.99% and -27.61% respectively.
Future trends to watch in the global cottonseed meal supply include:
- Potential growth in emerging markets such as Ivory Coast and Chad.
- Stabilization trends in significant producers like India and China.
- Continued volatility in North and South American markets, influenced by geopolitical and environmental factors.
- Technological advancements and sustainability initiatives potentially influencing supply dynamics.
Top countries in Cottonseed Meal Supply by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 4,340 | 2023 | -3.11% | +1.6% | View data |
| 2 | 2 China | 4,050 | 2023 | -8.74% | -0.44% | View data |
| 3 | 3 Brazil | 2,160 | 2023 | +25.17% | +10.03% | View data |
| 4 | 4 Pakistan | 1,230 | 2023 | +56.4% | -2.71% | View data |
| 5 | 5 Uzbekistan | 577 | 2023 | -7.97% | -1.49% | View data |
| 6 | 6 United States | 570 | 2023 | +2.7% | -4.54% | View data |
| 7 | 7 Mali | 172 | 2023 | +23.74% | -3.07% | View data |
| 8 | 8 Turkmenistan | 145 | 2023 | 0% | +0.14% | View data |
| 9 | 9 Benin | 134 | 2023 | +2.29% | +1.56% | View data |
| 10 | 10 Cameroon | 100 | 2023 | +11.11% | +2.59% | View data |
