Global cotton production is led by China and India, with 2024 forecasts showing China at 27.0 million units and India at 25.0 million units. Brazil and the United States follow, producing 14.56 and 13.09 million units respectively. Other key producers include Pakistan, Australia, and Uzbekistan. Year-on-year trends indicate varied performance, with notable increases in Brazil (9.57%), Australia (18.31%), and significant surges in smaller producers like Paraguay (44.93%) and Chad (41.92%). Conversely, significant reductions are observed in Mexico (-9.56%) and Spain (-22.7%). The five-year CAGR highlights consistent growth patterns and slowdowns, reflecting economic and environmental influences.
Future trends to watch include technological advancements in farming practices, the impact of climate change on crop yields, and shifts in global demand and trade policies. Monitoring these factors will be crucial for understanding and forecasting the global cotton production landscape.
Top countries in Cotton Production by Country
# | 10 Countries | Thousand Units (480 lb. Bales) | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 27,000 | 2023 | -12.05% | -0.72% | View data |
2 | 2 India | 25,000 | 2023 | -4.94% | -0.78% | View data |
3 | 3 Brazil | 14,560 | 2023 | +24.23% | +9.57% | View data |
4 | 4 United States | 13,090 | 2023 | -9.52% | -6.55% | View data |
5 | 5 Pakistan | 6,500 | 2023 | +66.67% | -3.08% | View data |
6 | 6 Australia | 5,100 | 2023 | -12.07% | +18.31% | View data |
7 | 7 Uzbekistan | 2,900 | 2023 | -12.12% | +0.92% | View data |
8 | 8 Argentina | 1,500 | 2023 | +1.69% | +6.36% | View data |
9 | 9 Mali | 1,250 | 2023 | +70.07% | -0.32% | View data |
10 | 10 Benin | 1,180 | 2023 | +6.82% | -3.44% | View data |