Key Market Indicators
Brazil's cotton imports are expected to decline over the next five years, with a decrease of 11.6% year-on-year. This is in contrast to the growth seen since 1994, when Brazilian demand rose by 1.6% annually. Meanwhile, Brazilian cotton production is projected to increase by 1.2% year-on-year until 2026. Since 1966, the country's supply has grown by an average of 1.9% per year. In 2021, Brazil was the fifth-largest cotton producer, with Pakistan overtaking at 2.2 million PPP. China, the US, and Pakistan took the top three spots in the list.