As of 2023, China's cotton wool exports stood at an actual volume of approximately 53,000 metric tons. The forecast data from 2024 to 2028 suggests a growth trend, with exports projected to increase from 54.14 to 59.3 thousand metric tons.
Year-on-year growth rates are steady, reflecting an annual increase of around 2.4% to 2.6% each year from 2024 to 2028. This indicates a stable upward trend and reflects consistent demand and potential expansion in China's cotton wool market.
Future trends to watch include:
- Global cotton demand fluctuations due to changes in textile production and fashion industry trends.
- Trade policies and tariffs that may impact China's export competitiveness.
- Technological advancements in cotton production and processing enhancing export quality.
- Environmental sustainability practices influencing cotton sourcing and production.