In 2023, Australia’s cotton production stood at 1.28 million metric tons. The forecast for the coming years shows a steady increase: 1.31 million metric tons in 2024, rising to 1.34 in 2025, 1.36 in 2026, 1.38 in 2027, and reaching 1.4 million metric tons by 2028. This indicates a consistent upward trend in production.
Year-on-year variations align as follows:
- 2024: 2.34%
- 2025: 2.29%
- 2026: 1.49%
- 2027: 1.47%
- 2028: 1.45%
The average annual growth rate (CAGR) from 2024 to 2028 is approximately 1.94%. Future trends to watch for include the impact of climate change on crop yields, advancements in agricultural technology, and economic factors such as export demand and cotton prices.
