Key Market Indicators
Bolivian cotton import is forecast to reach $33.6 million by 2026, up from $31.1 million in 2021. This represents an increase of 1.3% on average each year. Since 1997, Bolivian demand for cotton has grown by 0.8% each year. Additionally, Bolivian cotton production is expected to reach $53.3 thousand (PPP 2004-2006) by 2026, up from $49.5 thousand in 2021. This is an annual growth of 1.2%. Since 1966, Bolivian cotton production has increased at an average rate of 1.9% each year. In 2021, Bolivia was ranked 31st in the world for cotton production, just behind Togo at $49.5 thousand (PPP 2004-2006). China, the United States, and Pakistan were the top three producers in that ranking.