
World - Cotton Lint - Market Analysis, Forecast, Size, Trends and Insights
Global Cotton Lint Market 2023
Cotton Lint Market Size
The global cotton lint market rose notably to $X in 2021, with an increase of 8% against the previous year. Overall, consumption, however, continues to indicate a slight shrinkage. Global consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Cotton Lint Production
In value terms, cotton lint production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
The countries with the highest volumes of production in 2021 were China (X tons), India (X tons) and the United States (X tons), with a combined 65% share of global production. Brazil, Pakistan, Uzbekistan and Turkey lagged somewhat behind, together comprising a further 20%.
From 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Brazil (with a CAGR of +3.5%), while production for the other global leaders experienced more modest paces of growth.
In 2021, the global average cotton lint yield reduced modestly to X tons per ha, which is down by -2.7% against 2020 figures. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 7.7%. The global yield peaked at X tons per ha in 2020, and then shrank slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, the global cotton lint harvested area reached X ha, increasing by 6.1% compared with the year before. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the harvested area increased by 15%. The global harvested area peaked at X ha in 2019; however, from 2020 to 2021, the harvested area remained at a lower figure.
Cotton Lint Exports
Exports
In 2021, shipments abroad of cotton lint increased by 1.3% to X tons, rising for the fifth year in a row after three years of decline. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 17%. The global exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, cotton lint exports surged to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 31%. Over the period under review, the global exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X tons) and Brazil (X tons) were the largest exporters of cotton lint in 2021, recording near 31% and 21% of total exports, respectively. It was distantly followed by India (X tons) and Australia (X tons), together generating a 21% share of total exports. Greece (X tons), Benin (X tons) and Burkina Faso (X tons) held a relatively small share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Benin (with a CAGR of +15.4%), while the other global leaders experienced more modest paces of growth.
In value terms, the United States ($X), Brazil ($X) and India ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 66% of global exports. These countries were followed by Australia, Greece, Benin and Burkina Faso, which together accounted for a further 19%.
In terms of the main exporting countries, Benin, with a CAGR of +17.3%, 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 2021, the average cotton lint export price amounted to $X per ton, growing by 23% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Greece ($X per ton) and India ($X per ton), while Brazil ($X per ton) and Benin ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+1.8%), while the other global leaders experienced more modest paces of growth.
Cotton Lint Imports
Imports
In 2021, overseas purchases of cotton lint increased by 8.2% to X tons, rising for the fifth consecutive year after three years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 15%. Global imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, cotton lint imports surged to $X in 2021. Over the period under review, imports, however, showed a pronounced reduction. Over the period under review, global imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
The countries with the highest levels of cotton lint imports in 2021 were China (X tons), Vietnam (X tons), Bangladesh (X tons), Turkey (X tons) and Pakistan (X tons), together reaching 78% of total import. It was distantly followed by Indonesia (X tons), generating a 6.1% share of total imports. India (X tons) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were in Pakistan (with a CAGR of +15.7%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, China ($X), Bangladesh ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2021, with a combined 53% share of global imports.
Among the main importing countries, Vietnam, with a CAGR of +13.5%, recorded 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.
Import Prices by Country
The average cotton lint import price stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in India ($X per ton) and Turkey ($X per ton), while Vietnam ($X per ton) and China ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the other global leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global cotton lint market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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