Key Market Indicators
Peruvian cotton imports are forecast to reach $395 million by 2026, up 1.6% annually from 2021's $360 million. Since 1997, imports have grown 6.4% yearly on average. Meanwhile, Peruvian cotton production is expected to drop 3.5% annually to $30 million in 2026, down from $37 million in 2021. Since 1966, production has declined by 4% a year on average. In 2021, Uganda produced the most cotton at $37 million, followed by China, the United States, and Pakistan.