Asia Pacific Cotton Market - Growth, Trends and Forecasts (2020 - 2025)

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Asia Pacific Cotton Market 

Cotton is the major cash crop in the Asia-Pacific region and has various commercial applications in food, agriculture and textile industries. Cotton is a labor-intensive crop that requires proper care for farming, as crop production is easily affected by pests. Asia-Pacific is the largest producer and consumer of cotton in the world. India dominates the market with its huge production, followed by China and Pakistan.

Asia-Pacific Cotton Market Dynamics

Cotton has been the dominant agricultural productive crop in the region since long due to its multiple economic uses. However, nowadays, due to the complexity in cotton harvesting, farmers are switching to other cash crops such as sugarcane and soybean in the region. The shrinkage in cotton producing area is also affecting the production in the region hitting the global cotton market. India is the largest producer of cotton in the world that has recorded a production of 28 million tons in 2015-16, up by 4.47% from the previous year. Still, in 2015, the production was down from the preceding year by 6% due to area shortage. In India, despite a reduction in the harvested area, the production has been high but has seen a change in the export quantity. The export of Indian cotton was reduced to around 50% from the previous year. The domestic consumption has also increased in India and Pakistan, while China remains constant in the cotton consumption this year. India has overtaken China in production volume in the recent years.

Asia-Pacific Cotton Market Segmentation

The major importers of cotton in the region are Bangladesh, China, Indonesia, South Korea, Pakistan and Vietnam. Bangladesh is the largest importer of cotton globally, followed by Vietnam and China. However, India is the largest exporter of cotton in the region, followed by Australia, despite a reduction in export value from India.

Key Players in the Asia-Pacific Cotton Market

The major suppliers in the region are Jaydeep Cotton Fibres Pvt. Ltd., Asha Cotton, AAJ International and Cotton Australia, among others. These companies are actively participating in the entire value chain from sourcing, shipping, and logistics management to marketing and distribution, placing significant emphasis on the quality of the cotton.

The Asia-Pacific cotton market report covers the following information –

  • Cotton production
  • Asia-Pacific consumption
  • Asia-Pacific trade (export-import) scenario and statistics
  • Major enterprises and traders operating in the market
  • Price trend and seasonality of the crop
  • Future outlook of the crop market

Stakeholders who would benefit -

  • Cotton growers
  • Enterprises providing agricultural inputs
  • Traders and companies operating in the segment
  • Crop processing companies
  • Crop importers and exporters
  • Investors/research institutions interested in the crop market

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