From 2014 to 2023, the cottonseed processing volume in China fell from 10.17 million metric tons to 7.36 million metric tons, amounting to an overall decline. The year-on-year decline was particularly stark between 2015 and 2016, with a drop of 19.61%. Recent years have shown more stability, with modest annual declines around 1.92% in 2021, 2022, and 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at -2.45%, indicating a steady downward trend.
Forecast data from 2024 to 2028 predicts a continued decline, with a CAGR of -1.7% and an overall forecasted reduction of 8.21% over this period. By 2028, the volume is expected to reach 6.61 million metric tons.
Future trends to watch for include potential technological advancements in processing methods, shifts in domestic demand, and impacts of agricultural policies that could influence the cottonseed industry’s trajectory.
