Key Market Indicators
China's cotton import is projected to decrease slightly by 0.3% year on year in the next five years to reach $9.2 billion by 2026. Over the same period, production is expected to grow at a slow rate of 0.1% year on year, bringing the total to around $9 billion by 2026. Since 1997, Chinese cotton imports have risen by an average of 3.9% year on year. Meanwhile, production has seen a smaller but steady increase of 0.2% year on year since 1966. In 2021, China ranked second in cotton production, behind India and followed by the United States and Pakistan.