Thailand: Cotton and Products Annual

FAS Bangkok (Post) forecasts marketing year (MY) 2022/23 cotton imports slightly larger than MY2021/22 in line with the global economic recovery and anticipated rising demand from key foreign trade partners. There has been a significant increase of imported cotton in MY2021/22 due to foreign customers’ pent-up demand for both textile and garment products from the previous years. Post forecasts imports of U.S. cotton to only grow marginally in MY2022/23 due to increased competition from Australian cotton.