The import of cotton to the US is projected to decline from $745.14 million in 2024 to $614.51 million in 2028. Compared to 2023, where the total import value stood at $780 million, there is a marked downward trend. Year-on-year changes reflect a decrease of approximately 4.5% in 2025, 4.6% in 2026, 4.8% in 2027, and 4.9% in 2028. Over the last two years, the market has seen an average decline of around 4.65%. The compound annual growth rate (CAGR), representing the average annual decline over the five-year forecast period, is approximately -4.6%.
Future trends to watch for include potential changes in global cotton production, shifts in international trade policies, technological advancements in synthetic alternatives, and evolving consumer preferences towards sustainable and organic cotton products.