Cotton Market

Cotton market: discover the latest statistics enhanced by an Ai-driven market research platform. Statistics include market prices, market size, exports, companies, consumption, imports, trade, and production. Here is a split by region, including the U.S., the Middle East, Latin America, Africa, China, EU, the U.K., and Russia. Market insights and forecast to 2030 are also provided in the dashboards.

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Cotton - World's Largest Markets

In value terms, the largest cotton (carded or combed) markets worldwide were China, the United States and Japan, together accounting for 38% of the global market. These countries were followed by Brazil, India, Germany, Russia, France, Indonesia, Mexico, Turkey, Pakistan and Bangladesh, which together accounted for a further 19%.

Turkey saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while cotton (carded or combed) market for the other global leaders experienced more modest paces of growth.

Cotton (Carded Or Combed) Prices

Cotton (Carded or Combed) - Top Importers

In value terms, the largest cotton (carded or combed) importing markets worldwide were Vietnam ($39M), France ($23M) and Taiwan (Chinese) ($23M), with a combined 36% share of global imports. Poland, Spain, Bangladesh, the UK, Russia, South Africa, the Philippines and South Korea lagged somewhat behind, together accounting for a further 36%.

Among the main importing countries, South Africa (+269.9% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Cotton (Carded or Combed) - Top Exporters

In value terms, Mali ($187M) remains the largest cotton (carded or combed) supplier worldwide, comprising 47% of global exports. The second position in the ranking was occupied by the United States ($41M), with a 10% share of global exports. It was followed by Uganda, with a 5.8% share.

From 2018 to 2020, the average annual growth rate of value in Mali amounted to +12.4%. In the other countries, the average annual rates were as follows: the United States (-12.9% per year) and Uganda (-15.3% per year).

Cotton (Carded or Combed) - Market Forecast

Driven by increasing demand for cotton (carded or combed) worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cotton - Product Coverage

• HS 5203 - Cotton, carded or combed

Source: IndexBox Market Intelligence Platform