China: Cotton and Products Annual

Marketing year (MY) 24/25 cotton imports are forecast at 2.4 million metric tons (MMT) on higher domestic and international demand for textile and apparel products. After a sharp decline in early 2023, exports of textile and apparel products have rebounded, along with demand for imported cotton. Imports for MY 23/24 are raised to 2.3 MMT on strong demand and quota availability. Production for MY 24/25 is forecast at 5.9 MMT on stable planted area in Xinjiang and declining planted area in other regions.