Which Country Exports the Most Cotton Yarn in the World?
Textile Fibres May 28, 2018
In 2016, the global exports of cotton yarn amounted to 3.6M tonnes, declining by -5.0% against the previous year level. The total export volume increased at an average annual rate of +1.1% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, when export increased by 22% against the previous year level. In that year, global cotton yarn exports attained its maximum volume of 4.1M tonnes. From 2014 to 2016, growth of global cotton yarn exports stood at a somewhat lower level.
In value terms, cotton yarn exports amounted to $11B in 2016. Overall, it indicated a slight increase from 2007 to 2016: the total exports value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, cotton yarn exports decreased by -27.4% against its level of 2013. Over the period under review, global cotton yarn exports attained its maximum level of $15B in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.
Top Cotton Yarn Exporting Countries in the World
1. India (3.2 billion USD)
2. Viet Nam (1.8 billion USD)
3. Pakistan (1.2 billion USD)
4. USA (1.1 billion USD)
5. China (1.1 billion USD)
6. China, Hong Kong SAR (0.6 billion USD)
7. Indonesia (0.4 billion USD)
Cotton Yarn Exports By Country
In 2016, India (1.2M tonnes), distantly followed by Viet Nam (663K tonnes), Pakistan (412K tonnes), the U.S. (369K tonnes), China (230K tonnes), and Indonesia (163K tonnes) represented the key exporters of cotton yarn, together committing 84% of total exports. The following exporters - China, Hong Kong SAR (154K tonnes) held approx. 4% of total exports, each.
From 2007 to 2016, the most notable growth rate of cotton yarn exports, among the main exporting countries, was attained by Viet Nam (+48.8% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest cotton yarn markets worldwide were India ($3.2B), Viet Nam ($1.8B) and Pakistan ($1.2B), with a combined 56% share of global exports.
Viet Nam (+49.6% per year) recorded the highest rates of growth with regard to the cotton yarn exports, among the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Cotton Yarn Export Prices By Country
The average cotton yarn export price stood at $3,005 per tonne in 2016, waning by -3.5% against the previous year. Overall, cotton yarn export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when export price increased by 39% y-o-y. In that year, average cotton yarn export price attained its maximum level of $4,617 per tonne. From 2012 to 2016, growth of average cotton yarn export price failed to regain its strength.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was China ($4,623 per tonne), while Indonesia ($2,643 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of cotton yarn export prices was attained by China (+4.0% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global cotton yarn market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cotton yarn market share
- cotton yarn prices
- cotton yarn industry
- cotton yarn sales
- cotton yarn import
- cotton yarn export
- cotton yarn market forecast
- cotton yarn price forecast
- key cotton yarn producers
All data provided in this article covers the following product: HS Code 5205 - Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale.
Source: World: Cotton Yarn - Market Report. Analysis and Forecast to 2025
