The forecast for cotton consumption at the farm gate in China shows a steady annual increase from 2024 to 2028, with values rising from 8.06 million metric tons to 8.18 million metric tons. This indicates a consistent yet modest growth in demand.
Comparing these forecasts to 2023, where consumption stood at 8.03 million metric tons, the year-on-year growth for 2024 is approximately 0.37%. The compound annual growth rate (CAGR) for the period 2024 to 2028 is around 0.29%.
Future trends to watch include potential shifts in global trade policies, changes in domestic agricultural practices, and broader economic factors that could impact cotton demand in China more significantly.
