Overview of the Global Market for Cotton (Carded Or Combed)

Market Size for Cotton (Carded Or Combed)

The global cotton (carded or combed) market declined to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Global consumption peaked at $X in 2021, and then reduced in the following year.

Production of Cotton (Carded Or Combed)

In value terms, cotton (carded or combed) production declined to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports

Global cotton (carded or combed) exports declined to X tons in 2022, almost unchanged from the previous year. Overall, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton (carded or combed) exports reached $X in 2022. Over the period under review, exports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Mali represented the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by India (X tons) and Tanzania (X tons), together constituting an X% share of total exports. The following exporters - Uganda (X tons), Mozambique (X tons), the United States (X tons), Indonesia (X tons), South Korea (X tons), Afghanistan (X tons) and the Netherlands (X tons) - together made up X% of total exports.

Exports from Mali decreased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%), India (X%), the Netherlands (X%), Uganda (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%), Tanzania (X%), the United States (X%) and Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Uganda, Afghanistan and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mali ($X) remains the largest cotton (carded or combed) supplier worldwide, comprising X% of global exports. The second position in the ranking was held by India ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mali amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Tanzania (X% per year).

Export Prices by Country

The average cotton (carded or combed) export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton (carded or combed) export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The global export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other global leaders experienced more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports

In 2022, approx. X tons of cotton (carded or combed) were imported worldwide; reducing by X% compared with 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Global imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, cotton (carded or combed) imports shrank to $X in 2022. In general, imports showed a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam represented the major importing country with an import of about X tons, which resulted at X% of total imports. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with an X% share, followed by Spain (X%), China (X%) and Bangladesh (X%). The following importers - France (X tons), Poland (X tons), Germany (X tons), Mexico (X tons) and Nepal (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cotton (carded or combed) imports into Vietnam stood at X%. At the same time, China (X%), Nepal (X%), Germany (X%), Taiwan (Chinese) (X%), Mexico (X%) and France (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, Spain (X%) and Bangladesh (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, China, Taiwan (Chinese), Nepal and Germany increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported cotton (carded or combed) worldwide, comprising X% of global imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and France (X% per year).

Import Prices by Country

The average cotton (carded or combed) import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a slight descent. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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