Cottonseed oil production in Brazil exhibited significant fluctuations from 2013 to 2023, starting at 275.6 thousand metric tons in 2013 and declining to 203.12 thousand metric tons by 2023. Over these years, the most notable decline occurred in 2017 with a 31.2% drop, while the most significant increase was in 2018, with a rise of 41.09%. From 2021 to 2023, the trend slightly stabilized, although exhibiting a minor decrease of 1.51% year-on-year by 2023.
Between 2018 and 2023, the compounded annual growth rate (CAGR) averaged at -2.78%, indicating a general downtrend. Looking ahead, forecasts predict further declines, with an expected 5-year CAGR of -1.33%, leading to a production volume of 186.8 thousand metric tons by 2028.
Future trends to watch for include advancements in agricultural technology, environmental policy changes, and global market demand shifts, which could influence production practices and volumes.
