In 2023, Argentina's cottonseed supply was recorded at 592.0 thousand metric tons. Looking ahead, the forecasted data shows a gradual increase:
- 2024: 598.0 thousand metric tons
- 2025: 604.0 thousand metric tons
- 2026: 609.0 thousand metric tons
- 2027: 615.0 thousand metric tons
- 2028: 620.0 thousand metric tons
This indicates an average yearly growth (CAGR) of approximately 1.13% from 2024 to 2028. The year-on-year variations indicate a steady increase:
- 2024 to 2025: 1.00%
- 2025 to 2026: 0.83%
- 2026 to 2027: 0.98%
- 2027 to 2028: 0.81%
Future trends to watch for include potential impacts of climate change on agricultural yields, advancements in biotechnologies, and shifts in global demand for cottonseed and related products. These factors will play crucial roles in shaping the actual supply outcomes compared to current forecasts.
