In 2023, Argentina’s cotton supply stood at 3.57 million units (480 lb. Bales). The forecasted data shows a consistent upward trend in supply: 3.6 million units in 2024, 3.63 in 2025, 3.67 in 2026, 3.7 in 2027, and 3.73 in 2028. The year-on-year growth from 2023 to 2024 is approximately 0.84%. For the following years, the annual growth rates are as follows: 0.83% in 2025, 1.1% in 2026, 0.81% in 2027, and 0.81% in 2028. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period (2024-2028) is approximately 0.9%.
Future trends to watch for include the impact of climate change on agricultural yields, technological advancements in cotton farming, and fluctuations in global cotton demand, particularly from major importers such as China and the United States. Additionally, government policies and trade agreements will play crucial roles in shaping Argentina's cotton supply dynamics.
