North America Cotton Market - Growth, Trends and Forecasts (2020 - 2025)

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North America Cotton Market

Cotton is one of the leading cash crops in North America, which is the major regional market for cotton export. The US dominates the global cotton export market with a share of around 40%. The US is one of the major cotton producers after China and India but its domestic textile industry is very small, thus it exports most of the cotton produced in the country. The major exporting countries of the US are China, India, Pakistan, Turkey, and Egypt.

 Market Dynamics

Cotton is a perennial crop that requires intense farming with proper pest control and weather for its production. The major production of cotton in the region comes from the US, followed by Mexico. The total harvested area for cotton production in the US currently is 3.27 million hectares with a total production of 14.8 million bales.  The harvested area has also increased from the previous year by 8.8%, owing to the high yield in the year 2015-16. The production has increased slightly up to about 14.8% from the previous year, whereas the domestic consumption has decreased marginally in the country. This has created the dominating position of the US in the world export volume. Mexico is the second-largest cotton producer and exporter in the region, which has a total harvested area of 26,000 hectares. The US ranks seventh in the global domestic consumption of cotton, with a total value of only 773,000 metric tons.

High production and less domestic consumption have supported the region for the high export of cotton to the world. The US is the main exporter in the region, which exported about 2.29 million metric tons of cotton to the global market, up 16.6% from the previous year. The US holds a total of 31.5% of the market share in the global cotton export market. The total import of cotton by the US amounted to 2,177 metric tons.

Key Players in the North American Cotton Market

The major suppliers in the region are Cotton USA, Cotton Inc., Supima, Parkdale, and Shuford Yarns, 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 North American cotton market report covers the following information –

  • Cotton production
  • North American consumption
  • North American 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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