Join Import & Export Telegram Group📈

💰Join Import & Export Facebook Group

Cotton is one of the most widely used fibers in the world and plays an essential role in the global textile industry. The top cotton-producing countries are India, China, and the United States. India is the largest producer of cotton, accounting for over 27% of global production. China follows India as the second-largest cotton producer, with 22% of global production, and the United States ranks third with 14%. Other major cotton-producing countries include Pakistan, Brazil, and Uzbekistan.

The largest cotton exporters are the United States, India, and Brazil. The United States is the largest exporter of cotton, accounting for about 34% of global exports. India follows the US as the second-largest exporter of cotton, with 23% of global exports, and Brazil ranks third with 13%. Other major cotton exporters include Australia, Turkey, and Greece.

The largest importers of cotton are China, Bangladesh, and Vietnam. China is the largest importer of cotton, accounting for over 32% of global imports. Bangladesh follows China as the second-largest importer of cotton, with 15% of global imports, and Vietnam ranks third with 7%. Other major cotton importers include Turkey, Pakistan, and Indonesia.

The global cotton market is subject to fluctuations in demand and supply, currency exchange rates, and government policies. Cotton prices are influenced by factors such as weather conditions, global economic conditions, and geopolitical tensions. The global cotton market has been impacted by the COVID-19 pandemic, with reduced demand from the textile industry due to global lockdowns and supply chain disruptions. However, as the world continues to recover from the pandemic, the demand for cotton is expected to rebound.

North America

United States: The average cotton price in the US for the 2020-2021 season was 74 cents per pound, which is equivalent to $1.63 per kilo or $1,630 per ton.

South America

Brazil: The average cotton price in Brazil for the 2020-2021 season was 91 cents per pound, which is equivalent to $2 per kilo or $2,000 per ton.

Africa

Egypt: The average cotton price in Egypt for the 2020-2021 season was $1.47 per kilo or $1,470 per ton.

West Africa: The average cotton price in West Africa for the 2020-2021 season was 70 cents per pound, which is equivalent to $1.54 per kilo or $1,540 per ton.

Asia

India: The average cotton price in India for the 2020-2021 season was 110 rupees per kilo, which is equivalent to $1.48 per kilo or $1,480 per ton.

China: The average cotton price in China for the 2020-2021 season was 15,500 yuan per ton, which is equivalent to $2,400 per ton.

Pakistan: The average cotton price in Pakistan for the 2020-2021 season was 10,500 Pakistani rupees per maund, which is equivalent to $1.36 per kilo or $1,360 per ton.

Europe

Turkey: The average cotton price in Turkey for the 2020-2021 season was 11.50 Turkish lira per kilo, which is equivalent to $1.34 per kilo or $1,340 per ton.

Greece: The average cotton price in Greece for the 2020-2021 season was 80-90 euro cents per kilo, which is equivalent to $0.94-$1.06 per kilo or $940-$1,060 per ton.

Oceania

Australia: The average cotton price in Australia for the 2020-2021 season was 440 Australian dollars per bale, which is equivalent to $1.21 per kilo or $1,210 per ton.

It's essential to note that cotton prices can vary significantly within each country and region due to factors such as quality, supply and demand, market conditions, and transportation costs. Additionally, these prices are based on my knowledge cutoff in September 2021 and may have since fluctuated.

💰Join Import & Export Facebook Group

Join Import & Export Telegram Group📈

Related Posts

None found

By bmb

Leave a Reply

Your email address will not be published. Required fields are marked *