Cotton Trade Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Global Cotton Trade Analysis report is segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers Import Analysis (Value and Volume) and Export Analysis (Value and Volume) of Cotton, Globally.

Market Snapshot

Global Cotton Trade
Study Period: 2016-2026
Base Year: 2020
CAGR: 4.2 %

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Market Overview

The global cotton trade is projected to register a CAGR of 4.2% during the forecast period (2021-2026). Due to COVID-19, the global cotton trade is impacted by primary factors of supply and demand. Many of the textile and apparel companies have filed for bankruptcy due to the cancellation of export orders. Due to economic and logistic factors, the global trade of cotton has taken a downturn, affecting every link of the supply chain. Cotton is essentially grown for its fiber, which is used as raw material for textile industries. It is an important commodity in the world economy which is produced in more than 100 countries and heavily traded agricultural commodity, with around 150 countries involving in the export and import of cotton. Cotton is also a very political crop because of its significance in world trade and in improving the economies of many developing countries. In many countries, cotton exports are not only viewed as a key contributor to foreign exchange earnings but also for a noteworthy proportion of GDP and tax income. It is playing a vital role in economic growth in Africa where 37 of the 53 African countries produce cotton and 30 are exporters. Many Central Asian countries such as Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan are also very dependent on cotton exports.

Scope of the report

Cotton is the major agricultural commodity, which is highly traded across the world. The Global Cotton Trade Analysis report is segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers Import Analysis (Value and Volume) and Export Analysis (Value and Volume) of Cotton, Globally.

Geography (Import Market Analysis by Value and Volume and Export Market Analysis by Value and Volume)
North America
United States
Canada
Mexico
Rest Of North America
Europe
United Kingdom
France
Italy
Spain
Germany
Rest of Europe
Asia-Pacific
China
India
Vietnam
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa

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Key Market Trends

United States Dominates the Global Exports

The United States plays a major role in the world cotton market, in terms of production and export of cotton. During 2019-2020, United States produced approximately 20.0 million bales of cotton, contributing to nearly USD 7.0 million of its total value. The United States is the leading exporter in the world's cotton market, accounting for 37.8% of global cotton exports in 2019. It supports the world's textile industries and provides opportunities for domestic farmers to market their products globally, by participating in global trade. Since 2016, United States export levels raised significantly. This is due to the production of high-quality crops combined with the low production levels from other producers. The United States is also a major player in the exports of cotton goods. As it exports a majority of cotton fiber, it also imports textiles and apparel products from India, China, Bangladesh owing to 50 percent of the country's cotton product imports.

cotton export

China Dominates Global Cotton Imports

China was the largest importer of cotton in the world. The value of cotton imports rises significantly from USD 8,615,702.0 thousand in 2017 to USD 9,231,143.0 thousand in 2019. The major exporters of cotton to China are Vietnam, India, Brazil, United States, and Australia. In 2019 Vietnam and India's cotton export to China were valued at USD 2,403,182.0 thousand and USD 1,206,135.0 thousand, respectively.

cotton import in China

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

  5. 5. TRADE DYNAMICS

    1. 5.1 Recent Developments

  6. 6. MARKET SEGMENTATION

    1. 6.1 Geography (Import Market Analysis by Value and Volume and Export Market Analysis by Value and Volume)

      1. 6.1.1 North America

        1. 6.1.1.1 United States

        2. 6.1.1.2 Canada

        3. 6.1.1.3 Mexico

        4. 6.1.1.4 Rest Of North America

      2. 6.1.2 Europe

        1. 6.1.2.1 United Kingdom

        2. 6.1.2.2 France

        3. 6.1.2.3 Italy

        4. 6.1.2.4 Spain

        5. 6.1.2.5 Germany

        6. 6.1.2.6 Rest of Europe

      3. 6.1.3 Asia-Pacific

        1. 6.1.3.1 China

        2. 6.1.3.2 India

        3. 6.1.3.3 Vietnam

        4. 6.1.3.4 Australia

        5. 6.1.3.5 Rest of Asia-Pacific

      4. 6.1.4 South America

        1. 6.1.4.1 Brazil

        2. 6.1.4.2 Argentina

        3. 6.1.4.3 Rest of South America

      5. 6.1.5 Africa

        1. 6.1.5.1 South Africa

        2. 6.1.5.2 Rest of Africa

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. AN ASSESSMENT OF COVID-19 IMPACT ON THE MARKET

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Frequently Asked Questions

The Cotton Trade Analysis market is studied from 2016 - 2026.

The Cotton Trade Analysis is growing at a CAGR of 4.2% over the next 5 years.

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