Cotton

Cotton prices jumped by +13% to $2.59 per kg in October 2021, according to World Bank's data. Global supply shows a sign of reduction, as American cotton exports dropped twofold from September to October. Droughts have wiped out a significant part of cotton crops across the U.S., especially in Texas. The U.S. remains the world's leading supplier, accounting for 41% of global cotton lint exports. China, Viet Nam, and Pakistan represent key importers of cotton lint from America.

After stagnating during the pandemic, the textile industry has begun to strongly recover and the demand for cotton has risen. It is expected that cotton consumption in 2021 will grow faster than the supply. This will lead to a reduction in global cotton stocks and higher prices. The issues of sustainability and ethical background become increasingly important in the transformation of cotton supply chains.

The global pesticide market is expanding steadily, but the use of modern pesticides that are safe for vertebrates, are now harming pollinating insects. As areas under cultivation continue to increase worldwide, thereby enhancing the potential further use of pesticides, the market may yet encounter environmental constraints in the future. 

After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.

The countries with the highest volumes of bed linen of cotton production in 2018 were Italy (27K tonnes), Portugal (25K tonnes) and Germany (13K tonnes).

The total output volume increased at an average annual rate of +1.0% over the period from 2007 to 2018.

The European Parliament has voted to ban single-use plastics, giving way to increasing demand for wooden cutlery.

In 2018, China (1.2B square meters) was the major exporter of woven fabrics of cotton, making up 56% of total exports.

In value terms, cotton imports amounted to $X in 2016. Overall, cotton imports continue to indicate a mild drop. Over the period under review, global cotton imports reached its maximum level of $X>

In value terms, cotton exports stood at $X in 2016. In general, cotton exports continue to indicate a relatively flat trend pattern. Over the period under review, global cotton exports attained its ...