Key Market Indicators
The Mexican cotton import is predicted to decrease by 2.2% year on year, reaching $704 million by 2026. This follows an average rise of 7.2% year on year since 1995. Meanwhile, Mexican cotton production is expected to grow by 2.3% year on year, reaching $587 million by 2026. This follows an average increase of 3.6% year on year since 1966. In 2021, Mexico was the 9th largest cotton producer, overtaken by Argentina with $513 million. China, the United States and Pakistan were the top three producers, respectively.