Cotton Lint Market
Cotton lint market: get access to the most recent data featured by an Ai-driven BI platform. Info provide market size, consumption, companies, imports, trade, exports, market prices, and production. There is a breakdown by region, including Latin America, EU, the Middle East, the U.K., the U.S., Russia, China, and Africa. Market trends and outlook to 2030 are also provided in the dashboards.
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Cotton Lint - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | Pakistan |
4 | Turkey |
5 | Vietnam |
In value terms, the largest cotton lint markets worldwide were China, India and Pakistan, with a combined 57% share of the global market. These countries were followed by Turkey, Vietnam, the United States, Bangladesh, Uzbekistan, Indonesia, Mexico and Australia, which together accounted for a further 30%.
Australia (+77.6% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while cotton lint market for the other global leaders experienced more modest paces of growth.
Cotton Lint Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per tonne | ||||
Brazil | 1636 | 1518 | 1566 | -2.2% |
Burkina Faso | 1612 | 1580 | 1598 | -0.4% |
Benin | 1672 | 1603 | 1637 | -1.1% |
United States | 1725 | 1562 | 1919 | 5.5% |
Australia | 2006 | 1804 | 1925 | -2.0% |
Turkey | 1745 | 1839 | 1957 | 5.9% |
Greece | 1634 | 1568 | 2054 | 12.1% |
India | 1746 | 1501 | 2064 | 8.7% |
Average | 1724 | 1554 | 1810 | 2.5% |
Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in India ($2,064 per tonne) and Greece ($2,054 per tonne), while Brazil ($1,566 per tonne) and Burkina Faso ($1,598 per tonne) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Greece, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per tonne | ||||
Mexico | 1936 | 1864 | 2328 | 9.7% |
Pakistan | 1774 | 1607 | 1955 | 5.0% |
China | 1929 | 1651 | 1779 | -4.0% |
Indonesia | 1792 | 1593 | 1704 | -2.5% |
Vietnam | 1790 | 1567 | 1677 | -3.2% |
Turkey | 1676 | 1552 | 1610 | -2.0% |
Bangladesh | 1671 | 1509 | 1588 | -2.5% |
Average | 1800 | 1612 | 1776 | -0.7% |
Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Mexico ($2,328 per tonne) and Pakistan ($1,955 per tonne), while Bangladesh ($1,588 per tonne) and Turkey ($1,610 per tonne) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced mixed trends in the import price figures.
Cotton Lint - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 3.6 | 3.6 | 3.6 | 0.0% |
Vietnam | 2.4 | 2.2 | 2.3 | -2.4% |
Bangladesh | 1.9 | 1.8 | 1.8 | -1.3% |
Pakistan | 0.7 | 1.3 | 1.8 | 57.9% |
Turkey | 1.6 | 1.7 | 1.6 | -0.1% |
In value terms, China ($3.6B), Vietnam ($2.3B) and Bangladesh ($1.8B) constituted the countries with the highest levels of imports in 2021, with a combined 50% share of global imports. These countries were followed by Pakistan, Turkey, Indonesia and Mexico, which together accounted for a further 31%.
In terms of the main importing countries, Pakistan (+57.9% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Cotton Lint - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
United States | 6.1 | 6 | 5.7 | -3.6% |
Brazil | 2.6 | 3.2 | 4.3 | 27.0% |
India | 1.1 | 1.4 | 2.7 | 58.0% |
Australia | 1.1 | 0.3 | 1.4 | 15.3% |
Greece | 0.6 | 0.5 | 0.8 | 17.5% |
In value terms, the largest cotton lint supplying countries worldwide were the United States ($5.7B), Brazil ($4.3B) and India ($2.7B), with a combined 68% share of global exports.
India (+58.0% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Cotton Lint - Market Forecast
Driven by rising demand for cotton lint worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Cotton Lint - Top Companies
LDC WAREHOUSING AUSTRALIA PTY LIMITED, J. G. Boswell Company, Yarkand County Wusu Horticultural Farm, OLAM AUSTRALIA PTY LTD, QUEENSLAND COTTON CORPORATION PTY LTD, Xinjiang Sailimu Modern Agriculture Co., Ltd., Ak-Chin Indian Community Development Corporation, Shihezi Xin'an Farm, AUSCOTT GROUP FINANCE PTY LIMITED, AUSCOTT MARKETING PTY LTD, AUSCOTT PROPERTIES LIMITED, AUSCOTT LIMITED, CARGILL COTTON LIMITED, Shihezi Xiying Farm, E. Ritter & Company, RAGHUNATH AGRO TECH PRIVATE LIMITED, Shihezi Dongfucheng Farm, Xinjiang Production Construction Legion diyishixingfu Farm, AUSTRALIAN FOOD & FIBRE LIMITED, Vanguarda do Brasil S/A
Cotton Lint - Product Coverage
- HS 5201 - Cotton; not carded or combed
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