Browse Data and Analysis

Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare.

Forecast MY 24/25 cotton production is 5.9 million metric tons (MMT), unchanged from the previous report and the estimate for MY 23/24. A marginally higher yield estimate of 2,014 kg/Ha offset a slightly lower planted area unchanged from the previous report at 2.93 million hectares (MHa) on lower cotton profits in regions outside Xinjiang in MY 23/24.

The global economic slowdown and illegal imports of cheaper textile products continue to hinder the growth of the Indonesian textile and textile products industry in 2023/24.

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.

Indonesian cotton imports in 2023/24 are forecast to marginally increase by 5.9 percent to 1.8 million bales compared to 1.7 million bales in 2022/23 assuming spinners will use more inventory on hand before making new purchases.

Following a delayed start, China’s marketing year (MY) 23/24 cotton harvest concluded in November. Forecast cotton production is unchanged at 5.9 million metric tons (MMT) on lower planted area and yield. Cotton imports surged 114 percent in the...

Marketing year (MY) 23/24 cotton production is lowered to 5.9 million metric tons (MMT) on reduced planted area and raised for MY 22/23 to 6.68 MMT on higher planted area and reported volumes of classified Xinjiang cotton.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

On April 14, 2023, the National Development Reform Commission (NDRC) published Announcement No. 369 on Implementation Measures for Improving the Target Price Policy for Cotton.

Marketing year (MY) 23/24 cotton imports are forecast at 1.8 million metric tons (MMT) on higher domestic demand for textile and apparel products and higher spinning demand.

Indonesian cotton imports in 2023/24 are forecast to remain stable at 2.0 million bales assuming spinners will use more inventory on hand before making new purchases.