Global Cotton Lint Market Overview 2021

Cotton Lint Market Size

In 2020, the global cotton lint market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the global market failed to regain the momentum.

Cotton Lint Production

In value terms, cotton lint production contracted to $X in 2020 estimated in export prices. Overall, production continues to indicate a mild increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2012 to 2020, global production growth remained at a lower figure.

The countries with the highest volumes of cotton lint production in 2020 were China (X tonnes), India (X tonnes) and the U.S. (X tonnes), together comprising X% of global production. These countries were followed by Brazil, Pakistan, Australia, Turkey, Uzbekistan and Mexico, which together accounted for a further X 2007 to 2020, the biggest increases were in Australia, while cotton lint production for the other global leaders experienced more modest paces of growth.

Production By Country

The countries with the highest volumes of cotton lint production in 2020 were China (X tonnes), India (X tonnes) and the U.S. (X tonnes), with a combined X% share of global production. These countries were followed by Brazil, Pakistan, Australia, Turkey, Uzbekistan and Mexico, which together accounted for a further X 2007 to 2020, the biggest increases were in Australia, while cotton lint production for the other global leaders experienced more modest paces of growth.

Cotton Lint Exports

Exports

In 2020, shipments abroad of cotton lint increased by X% to X tonnes, rising for the fourth consecutive year after four years of decline. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Global exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, cotton lint exports dropped to $X in 2020. Over the period under review, total exports indicated a mild expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Global exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, the U.S. (X tonnes) was the major exporter of cotton lint, generating X% of total exports. Brazil (X tonnes) occupied the second position in the ranking, distantly followed by India (X tonnes). All these countries together took near X% share of total exports. Greece (X tonnes), Benin (X tonnes), Nigeria (X tonnes), Australia (X tonnes) and Burkina Faso (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Nigeria, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and India ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of global exports. These countries were followed by Nigeria, Greece, Benin, Australia and Burkina Faso, which together accounted for a further X the main exporting countries, Nigeria recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cotton lint export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, export price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cotton lint export price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Nigeria ($X per tonne) and Australia ($X per tonne), while India ($X per tonne) and Brazil ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other global leaders experienced more modest paces of growth.

Cotton Lint Imports

Imports

After three years of growth, overseas purchases of cotton lint decreased by -X% to X tonnes in 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. from 2013 to 2020, the growth of global imports failed to regain the momentum.

In value terms, cotton lint imports dropped to $X in 2020. Over the period under review, imports saw modest growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes), distantly followed by Viet Nam (X tonnes), Bangladesh (X tonnes), Turkey (X tonnes), Pakistan (X tonnes) and Indonesia (X tonnes) were the key importers of cotton lint, together making up X% of total imports. India (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Viet Nam, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest cotton lint importing markets worldwide were China ($X), Viet Nam ($X) and Bangladesh ($X), together comprising X% of global imports.

Viet Nam saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average cotton lint import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cotton lint import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in India ($X per tonne) and China ($X per tonne), while Bangladesh ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform