In 2023, the United States dominated the global cottonseed oil export market with the largest share, despite a decline of 4.67%. Benin held steady, maintaining its volume without change. Malaysia exhibited a modest increase of 1.39%, whereas Argentina experienced the most significant drop at 15.59%. Brazil showed positive growth with a 14.87% rise. Other countries, such as Kazakhstan and Azerbaijan, maintained stable values.
Looking ahead, the continuous increases in countries like Brazil point toward a potential shift in the global export landscape. Monitoring trends in production innovations and market demands will be essential to anticipate future shifts in volume share. Climate change impacts and economic policies in key exporting nations may also influence these trends, offering both opportunities and challenges for existing and emerging exporters.
Top countries in Cottonseed Oil Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 32.74 | 2023 | -2.63% | -4.67% | View data |
| 2 | 2 Benin | 19.47 | 2023 | +4.76% | 0% | View data |
| 3 | 3 Malaysia | 13.27 | 2023 | +7.14% | +1.39% | View data |
| 4 | 4 Kazakhstan | 13.27 | 2023 | 0% | 0% | View data |
| 5 | 5 Azerbaijan | 5.31 | 2023 | 0% | 0% | View data |
| 6 | 6 South Africa | 5.31 | 2023 | 0% | 0% | View data |
| 7 | 7 Argentina | 2.65 | 2023 | 0% | -15.59% | View data |
| 8 | 8 Tanzania | 2.65 | 2023 | 0% | -9.71% | View data |
| 9 | 9 Burkina Faso | 2.65 | 2023 | 0% | +8.45% | View data |
| 10 | 10 Turkmenistan | 2.65 | 2023 | 0% | 0% | View data |
